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 […]
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First, all of our solution pricing will still be based on a “fixed fee” model where what we quote is what you pay… period! What has changed is we have evolved our pricing model from module based pricing to function based pricing.
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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 […]
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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 […]
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While finance and treasury departments are arming themselves with tools and processes to help monitor and conserve cash in these uncertain times, Accounts Payable can play a prominent role in this process as well.
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…while these systems provide lots of value they also leave behind gaps of functionality that may seem small but none-the-less can have significant downstream impact.
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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 a stake in supplier relations such as supply […]
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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 […]
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As we are all coping with the new realities the COVID19 pandemic has created we also must start to look towards the future. While we are certainly going to enter a recession, the depth and length of such a downturn to our economy is unknown. What is known is that as we come out of […]
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ICG 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.
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