Our configurable solutions can be rapidly implemented to equip your workers with the tools they need to process transactions and manage vendors from any location.
How to procurement and finance complement each other? For 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 […]
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 FullPush 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 available, companies can reduce costs by delegating non-value add tasks to their vendors. Vendor self-service is a tool that applies to almost every […]
Read FullICG Consulting has a suite of solutions that can be implemented rapidly that provides organizations the ability to equip remote workers with tools to process transactions and manage vendors from their home offices.
Read FullWhat choices do you have for vendor portal technology? 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 […]
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Read FullWhat are Vendor Portals? A Vendor Portal (or a Supplier Portal as some people call it) is a web-based, vendor management solution that allows you to collaborate with your vendors in a secure, online environment. So what are vendor portals? Let’s talk about it. Among the functions a Vendor Portal can provide is to allow […]
Read FullTo take advantage of all the benefits of hosting an application in the cloud, you do not have to compromise functionality or configurability. Let’s talk about how to do this with single tenant cloud solutions. What is SaaS? Software as a Service (SaaS) is the predominant delivery model for cloud-based business applications today. SaaS is […]
Read FullWhat is Invoice Matching? Invoice matching is the comparing and linking of a supplier invoice with the underlying data on which the cost is based, such as a contract or purchase order (PO). Usually companies will perform a 2 or 3 way match. A two way match compares the invoice amount to the corresponding PO. If […]
Read FullWhat is a PO Flip? A PO Flip, is essentially a conversion of a purchase order into an invoice. Usually done electronically or through an automated solution such as a Vendor Portal or Supplier Portal. In a PO Flip scenario the vendor would enter a PO number into a web form and the the buying company’s […]
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