Return-On-Investment: AP Solution
determining the return on investment (ROI) of a new AP solution can be complex. In this blog, we’ll explore the steps to effectively calculate the ROI when evaluating a new AP solution.
Read FullPO vs. Non-PO Procurement: Pros and Cons
Procurement processes are the backbone of any organization’s operations, ensuring that goods and services are acquired efficiently and effectively. Two common methods of procurement are Purchase Order (PO) and Non-Purchase Order (Non-PO) systems. Each method has its own set of advantages and disadvantages, which can significantly impact a company’s bottom line and overall efficiency. In this blog, we’ll delve into the pros and cons of both PO and Non-PO procurement to help businesses make informed decisions about which approach best suits their needs.
Read FullWorkflow Options in Back-Office Automation
March 11, 2024
All workflow solutions are not created equal. Rules-based workflows and ad hoc workflows represent two different approaches to managing processes within an organization. Understanding the goals of the business process(es) that will be utilizing a workflow solution is key to making a good decision. In this blog we will address some of the high-level features […]
Read FullPurchasing Technology-Based Solutions
Conducting thorough due diligence, and presenting clearly defined business and technical requirements, you can navigate the complex landscape of technology-based solutions with confidence. Remember that the right investment today can empower your business to thrive and succeed in the digital age.
Read FullStreamlining Vendor Packet Processes
January 23, 2024
Traditionally, constructing and delivering vendor packets involved a manual, time-consuming process. This often included gathering various documents, such as contracts, certificates, and contact information, and then assembling them into a comprehensive packet.
Read FullAutomation in C-Stores & Travel Stops
January 16, 2024
Automating back-office processes can deliver big savings! Back-office automation in convenience stores and travel stops can offer numerous significant benefits including enhancing overall operational efficiency, customer service, and profitability. Here are some key advantages available by automating back-office functions: Implementing back-office automation in convenience stores and travel stops allows businesses to operate more efficiently, reduce […]
Read FullBack-office Automation in Food Distribution
Foodservice distribution companies can reap big rewards! Back-office automation in foodservice distribution can bring about several benefits, streamlining operations, improving overall efficiency and adding to the bottom line. The economic and supply chain benefits of automation cannot be overestimated. Here are some key advantages to automating your back-office processes: Implementing back-office automation in foodservice distribution […]
Read FullGetting the Most From Your Vendor Portal
January 9, 2024
A vendor portal, or supplier portal, is a web-based platform that facilitates communication, collaboration and transactions between a company and its suppliers or vendors. The features and benefits of a vendor portal are many and varied and depend on specific needs and functionalities.
Read FullUnleashing Efficiency: AI-Assisted Rules-Based Workflow
In the dynamic landscape of business operations, the integration of artificial intelligence (AI) into rules-based workflows has emerged as a game-changer. AI-assisted rules-based workflows bring a new level of efficiency, accuracy, and adaptability to various processes, including those in the financial back-office.
Read FullIs Your Solution Capturing the Right Data?
November 8, 2023
You may be getting accurate extractions, but is it capturing the data you need? All data capture solutions, and solution providers, are not created equal. Capturing data accurately and capturing the right data are both essential aspects of effective data collection and management, but they refer to slightly different concepts that will have a major […]
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