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Blog

Vendor Portals: Procurement to Payables

Vendor portals (supplier portals) can be a powerful tool in enabling vendor self-service in your organization from your procurement and purchasing operations to  the accounts payable department.  By leveraging the flexibility of a supplier or vendor portal, companies can automate non-value add processes and let vendors collaborate with your organization on-line, 24×7 from anywhere in […]

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Vendor Diversity Tracking & Compliance

More and more companies are tracking their companies “diverse” vendor population and reporting on purchase percentages and total spend dollars with these diverse vendors.  In these current times many companies have redoubled their efforts, or started new initiatives, to insure their organizations have diversity within their vendor and supplier populations. For starters, it is important […]

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Procurement Meets Finance

For many organizations obtaining and sharing critical supplier information between different functional areas can be a frustrating task.  Siloed organizational structures, disparate systems that don’t communicate with each other and differing business objective are factors that contribute to this situation.  In fact, other key areas that have a stake in supplier relations such as supply […]

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Accounts Payable Appreciation Week

May 18, 2020

Celebrate your associates and peers this Accounts Payable Appreciation Week! AP week 2020 is different from the others as all of our day-to-day activities are different than they have ever been. Many of our friends, peers, and associates are working remote or in scaled down operations. They are the lucky ones! So many in the […]

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Cloud Solutions Are Not Created Equal

May 12, 2020

Single-tenancy can provide some of the benefits of a private cloud and public cloud. The infrastructure is still maintained by the cloud service provider and the application by the solution provider, but the major difference is the application is designed for your company, to meet the needs of your individual process.

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It’s All About Vendor Self-Service – Especially Now!

In this new social distancing world, push non-value add tasks back to your vendors. Vendor self-service is hardly a new concept, it has been gaining traction steadily, especially with larger companies. Using the many procure-to-pay tools and systems in the marketplace companies can reduce costs and gain efficiencies by pushing non-value add activities out to […]

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