What to do when you have diverse vendors More and more companies are tracking their companies “diverse” vendor population and reporting on purchase percentages and total spend dollars with these diverse vendors. Many companies have redoubled their efforts, or started new initiatives, to insure their organizations have diversity within their vendor and supplier populations. In […]
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How going remote can help your company The COVID19 pandemic brought about many changes in our daily lives, many of which were temporary. But other aspects of our daily lives, and in particular our professional lives, will be changed for the long term. One such example is in the workplace, especially as the remote workforce […]
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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.
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One trend we have seen in our customer base is companies who are investing in back-office applications to reduce costs and help offset the steep declines in revenue.
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Unfortunately many companies just can’t get past the cost of that metaphorical “mouse trap” despite the real cost of not buying it.
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One consequence of the new world we find ourselves in is a necessary move to a more remote workforce.
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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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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 selling […]
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Attend ICG’s upcoming webinar! 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 […]
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