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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.
Read FullAccounts Payables key role in contributing to a companies cash flow. In these uncertain economic times AP can play a prominent role in the cash management process by deploying a number of tools and processes that will impact their companies cash flow. After all, accounts payable is one of the largest, if not the largest, dispenser […]
Read FullIt’s not just about OCR Document and data capture has long been one of the most discussed and researched technologies in the financial back-office and accounts payable worlds. In fact, the need to automate the digitization of documents, and the capturing of data from those documents, was the driver of the development of both OCR […]
Read FullProcess automation is an ongoing part of the business landscape in most organizations. Companies are continuously looking for ways to improve internal and external processes to accomplish a number of goals: Increased customer service Smooth out supply chains Reduced internal costs Improved vendor communications/relations Manage cash flow more efficiently Eliminate non-value add tasks Process automation […]
Read FullDo more with less. Portal based solutions that deliver sensational value and reduce risk. Vendor self-service is a very popular trend in procurement, accounts payable and finance because of the tremendous value it delivers. This trend has become even more pronounced as many workers have shifted to remote operations and companies struggle to fill open […]
Read FullPartner for Success – stronger supply chains, efficient processes, and automated operations The opportunities that are available to companies when procurement, finance and vendors communicate and collaborate are plentiful. Utilizing tools and solutions that insure you are onboarding vendors that are healthy and in compliance with company, industry, and governmental regulations is the start to […]
Read FullFor many companies vendor management is treated as just another back-office function to be administered by procurement and accounts payable. But are those companies putting their organizations at risk, or at very least missing out on opportunities for more efficient supply chains by not taking a more strategic view of vendor management? For organizations in […]
Read FullIt is time to take a look at your back-office processes and target areas where you can increase efficiency.
Read FullThinking outside the box, or in this case the enterprise software box, can benefit your organization by filling those gaps that are costing your company time, money and opportunity! The pendulum had swung from companies adopting best of breed solutions back to opting for large, enterprise solutions with lots of bells and whistles. The reason […]
Read FullToday as cloud based applications are becoming more ubiquitous, AP automation, including many of the sophisticated technologies that were out of reach in the past, has become more affordable and available to many more companies.
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