While very few of us will miss 2020 and are happy with the arrival of 2021, certainly many challenges remain before us. At ICG we are optimistic about the weeks and months ahead and with the proper planning and preparation opportunity abounds. We see three major themes emerging for 2021 and beyond for financial back-office […]
Read Full January 12, 2021
ICG’s PO Dispatch & Update solution delivers value, savings, and efficiency and is designed for rapid deployment in a centralized or remote processing environment to support business continuity and smooth running supply chains. Cloud hosted and portal based, ICG’s PO Dispatch & Update solutions can help insure that your suppliers receive, acknowledge and respond to the purchase orders […]
Read Full November 9, 2020
Portal based tools that deliver tremendous value and reduce risk. Vendor self-service is becoming a very popular trend in procurement, accounts payable and finance because of the tremendous value it delivers. Very simply “vendor self-service” is the process by which vendor management activities are directed away from the buying company to the the vendor, or […]
Read Full October 22, 2020
From Procurement to Accounts Payable, a vendor portal provides an important platform for parties to communicate, collaborate, and transact 24×7 from anywhere in the world.
Read Full September 28, 2020
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 Full September 16, 2020
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 […]
Read Full September 14, 2020
Getting it right from the start will pay big dividends in both money saved and securing your supply chains with a strong vendor community!
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 […]
A vendor portal (or supplier portal) refers to a portal that allows vendors to access and provide the buying company with necessary information in the form of documents or data as well as access documents and data provided by the buying company related to the transactions between the two organizations. Submitting invoices, tracking payments and […]
Read Full February 24, 2020
Back Office Word of the Week 10/21/19 A vendor packet is a collection of forms and documents that a buyer sends to a potential new vendor in order to start a relationship. The packet includes all the necessary information needed to set up a new vendor for payment and compliance. Vendor packets can be relatively […]
Read Full October 21, 2019