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.
A major factor in successful back-office automation initiatives Change management is crucial in the context of back-office automation for several reasons: Employee buy-in: Implementing automation often requires changes in processes, tools, and sometimes even roles. Without proper change management, employees may resist these changes due to fear of job loss, unfamiliarity with new systems, or […]
Read FullThe investment may be worth it, but there are upfront and ongoing costs. As summer winds down and we head into budgeting season, many companies will have Artificial Intelligence (AI) solutions on their radar for the upcoming budget year. When formulating your budgets keep in mind that the costs of implementing advanced AI in an […]
Read FullCommon goals = big payoffs. Collaboration between procurement and finance is a key element to improving efficiency and profitability in your organization. Here are some ways they can work together: Cost Analysis and Budgeting: Procurement and finance teams can collaborate to analyze costs associated with the acquisition of goods and services. By sharing data and […]
Read FullSo, what exactly is included in a vendor packet? The contents can vary greatly depending on the industry and the needs of the business.
Read FullThese highly configurable, cloud-hosted solutions provides our clients peace of mind that their vendor remain in compliance and their vendor master data is up to date, reducing any risk of liability.
Read FullThe goal of a vendor self-service initiative is to redeploy human resources to more value added tasks by transferring the responsibility of vendor centric activities back to the vendor.
Read FullWhy your organization needs vendor portals Vendor portals (supplier portals) can be a powerful tool in enabling a vendor self-service based vendor management program in your organization. The functionality can provide tremendous benefits to your procurement and purchasing operations as well the finance and accounts payable departments. By leveraging the flexibility of a supplier portal, […]
Read FullWhy Vendor Management is Important Vendor management has been getting increased exposure among large businesses lately. Some of that can be attributed to the times we are in and the increased focus on those critical suppliers and vendors in your supply chain. Now more than ever it is critical to manage key vendors by insuring […]
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 positions. […]
Read FullObtaining and sharing critical supplier information between different functional areas in an organization can be a very frustrating task, particularly between the procurement and finance operations. Siloed organizational structures, disparate systems that don’t communicate with each other, corporate culture, and differing business objectives are factors that contribute to this situation. These differences impact not only the […]
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