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Blog

It’s All About CA$H!

October 17, 2022

Accounts Payables key role in contributing to a companies cash flow. In these uncertain economic times AP can play a prominent role in the cash management process by deploying a number of tools and processes that will impact their companies cash flow. After all, accounts payable is one of the largest, if not the largest, dispenser […]

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Communicate. Collaborate. Transact.

Procurement. Finance. Vendors. Keys to an effective vendor management program. An important part of smooth operating supply chains is onboarding and managing the vendors and suppliers that are key to your organizations success. Once onboarded it is critical that all the key stakeholders from procurement (purchasing), finance (accounts payable) and the vendor (supplier) communicate and […]

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Workflow is key to Process Automation

March 9, 2022

Process automation is an ongoing part of the business landscape in most organizations. Companies are continuously looking for ways to improve internal and external processes to accomplish a number of goals: Increased customer service Smooth out supply chains Reduced internal costs Improved vendor communications/relations Manage cash flow more efficiently Eliminate non-value add tasks Process automation […]

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Vendor Portals drive Vendor Management

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, or vendor portal, companies can automate […]

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