Solutions to reduce costs and increase efficiency in the financial back office Reducing costs and increasing efficiency in the financial back office is a top priority for many companies who continue to prepare their organizations for economic uncertainties. Here are some top way that can help achieve these goals: By implementing these solutions as well […]
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Procurement and finance are two crucial departments within any organization that have a significant impact on its success. When these two departments work together, they can significantly improve the vendor management efforts of an organization resulting in cost savings, better vendor relations, and healthier supply chains.
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In today’s rapidly evolving business landscape, organizations are constantly seeking ways to optimize their operations, reduce costs, and enhance productivity. One way to achieve these goals is by investing in best-of-breed business solutions. These solutions are designed to provide superior functionality, flexibility, and scalability than their all-in-one counterparts, such as ERP platforms.
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Vendor self-service can help mitigate effects of a tight labor market and cost pressures. Vendor self-service is a term used to describe a set of tools and processes that allow vendors to manage their own information and interactions with a company. It is a way for businesses to empower their vendors, giving them the tools […]
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What are the factors to consider in an AP automation solution? When selecting an AP (Accounts Payable) Automation solution, there are several factors to consider. Of course your specific company and industry requirements will play a role, but in general here are some key things to look for: Beyond the technology it is important that […]
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These highly configurable, cloud-hosted solutions provides our clients peace of mind that their vendor remain in compliance and their vendor master data is up to date, reducing any risk of liability.
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Cloud based solutions are very popular and have become the standard for deploying business applications. Analysts predict companies will continue to drive double digit growth in adoption of cloud-hosted solutions for years to come. But there are a number of factors to consider for users and buyers of cloud based solutions because there are the different types of cloud infrastructures and implementations which could have a big impact on the availability, performance, and security of your application and data.
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Automated PO Dispatch & Update solutions delivers value, savings, and efficiency and are designed for rapid deployment in a centralized or remote processing environment to support smooth running supply chains.
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With a new year comes new challenges and new opportunities for all of us. The key to making sure we turn those challenges into opportunities is being proactive in taking on the challenges presented head on.
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An economic slowdown or perhaps even a recession is here, and for those of us who have been doing this for a while we have seen this movie before and we know how it plays out. As budgets are submitted and planning is underway for 2023, the financial back-office, i.e., Accounts Payable (AP), Accounts Receivable (AR), Procurement, Payroll and many other back-office functions are in the cross-hairs for cutbacks.
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