Blog

Vendor Management- What is it?

September 13, 2013

We have encountered a lot of discussion lately about vendor management.  Indeed vendor management has been getting increased exposure among large businesses primarily with companies now setting up Offices of Vendor Management and new roles in the executive suite such as Chief Vendor Management Officer.  The curious thing is almost everyone has a different view […]

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6 Benefits of Electronic Invoicing

July 17, 2013

Many Businesses STILL Aren’t Doing This . . . Here’s Why They Should! Every year millions of invoices are exchanged between buyers and suppliers in the supply chain.  However, most of these invoices are either in paper or e-mail format, which creates inefficiencies for the buyer’s Accounts Payable (AP) organization, and can thus increase the […]

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Consulting an Important Element

June 19, 2013

ICG Consulting is a leading solution provider to financial back-office operations and has been recognized  for these  world-class solutions.  In fact just recently one of ICG’s premiere clients, Dot Foods received a prestigious award, the 2013 Huntington Bank Innovation Award for Accounts Receivable for a collaborative, supplier portal that ICG developed for Dot Foods.  ICG […]

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Dot Food Earns Prestigious Award

Customized Supplier Portal Boosted Productivity 107 Percent SCOTTSDALE, Ariz. (June 6, 2013) — ICG Consulting, a business process solutions leader in streamlining vendor and customer transactions and interactions through the development of full featured and highly configurable business process automation tools, is pleased to announce its back-office processes work with client Dot Foods has resulted in […]

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The Benefits Of Vendor Portals

May 16, 2013

Ever-Changing Advancements To Streamlining The Vendor Process There’s been perhaps no greater advancements in technology over the past few years than in back-office operations for businesses. The ability to communicate efficiently and seamlessly with customers, vendors and partners with such business processes had enabled companies to streamline operations significantly. And vendor portals, in particular, have […]

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Streamlining Vendor On-boarding

April 8, 2013

Vendor On-boarding can be a very labor and document intensive process. While the process of signing up new vendors to do business with your organization may seem fairly simple and mundane, it actually has many important components any of which could cause your company problems if not done correctly. Is the company in question a “real” […]

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ICG at IFO’s 2013 Fusion Conference

March 28, 2013

ICG Consulting will be participating in the Institute of Financial Operations (IFO) 2013 Fusion Conference at Disney’s Coronado Springs Resort from May 19th – 23rd.   ICG staff, with the help of some of our valued customers, will be facilitating three education sessions during the conference. On Monday may 19th ICG’s Lynn Larry will be moderating a panel […]

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Dynamic Discounting- It’s the Suppliers!

February 12, 2013

As Dynamic Discounting continues to gain in popularity for the cash optimization benefits it delivers, knowing your suppliers is key to launching a successful program. No one who has evaluated the return-on-cash models that surround Dynamic Discounting disputes the enormous potential these programs offer. It almost seems to good to be true. And it may be if […]

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Cash Optimization-AP Can Play a Role

January 14, 2013

While finance and treasury departments are arming themselves with tools and processes to help monitor and conserve cash, Accounts Payable can play a prominent role in this process. In most companies after all, accounts payable is one of the largest, if not the largest, dispenser of a company’s cash. Do You Know your DPO? If you want […]

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Dynamic Discounting “as a Service”

October 10, 2012

Dynamic Discounting has been getting a lot of traction lately as more organizations are getting creative as they look for ways to optimize their cash positions.  Traditional dynamic discounting is where the buying organization offers selected suppliers to pay early on some or all of their invoices in exchange for a discount off of the […]

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