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As budget season approaches it may be time for your organization to take a look at cloud hosted solutions for portal based procure-to-pay processes. In addition to cloud hosted AP Automation, there are a number of other processes that lend themselves to automation and vendor self-service via vendor portals or supplier portals. Join ICG for […]
Read FullVendor 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 […]
Read FullWhile finance and treasury departments are arming themselves with tools and processes to help monitor and conserve cash in these uncertain times, Accounts Payable can play a prominent role in this process as well.
Read Full…while these systems provide lots of value they also leave behind gaps of functionality that may seem small but none-the-less can have significant downstream impact.
Read FullFor 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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Read FullCelebrate 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 […]
Read FullSingle-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.
Read FullIn 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 […]
Read FullA couple months ago, people shook hands and the Tiger King was a golfer. The world has changed, sophisticated companies need to adapt in order to survive. Back office environments have been forced to shift to a remote work force. Throwing bodies at an antiquated process will not lead to success. In order to lower […]
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