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One size does not fit all, don’t limit your options. Vendor portals are powerful business tools that can address numerous pain points in your current Accounts Payable operations. Vendor portals can provide a platform for vendor self-service that can have immediate financial and human resource impacts on your organization. But beware, not all vendor portals […]
Read FullAs we head closer to 2022 the new year promises a time of continued challenges and lots of opportunity. With the emergence and wider adoption of new information management technologies like Blockchain, Robotic Process Automation, Big Data or IOT, companies have more options for managing actionable data than ever before. While these technologies may not […]
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 […]
Read FullFor many companies vendor management is treated as just another back-office function to be administered by procurement and accounts payable. But are those companies putting their organizations at risk, or at very least missing out on opportunities for more efficient supply chains by not taking a more strategic view of vendor management? For organizations in […]
Read FullIt is time to take a look at your back-office processes and target areas where you can increase efficiency.
Read FullToday as cloud based applications are becoming more ubiquitous, AP automation, including many of the sophisticated technologies that were out of reach in the past, has become more affordable and available to many more companies.
Read FullMore 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 fact, many large corporations now have a Chief […]
Read FullLately one trend seems to be a swing back to companies looking at “best-of-breed’ solutions to address a myriad of business issues. This seems to be reversing a cycle where many CIOs were choosing to go with ubiquitous ERP systems to address most of their business processes.
Read FullBy taking a proactive approach you can better manage your critical supply chains and avoid costly delays and last minute surprises. ICG’s solution even provides the capability for the buying organization to request updates on specific line items within the PO.
Read FullFrom 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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