What is my Cost Per Invoice?
Cost per invoice = (Total personnel costs + Total overhead costs + Total technology costs + Other costs) / Total number of invoices processed
Read FullVendor Packets and Vendor Onboarding
April 17, 2023
So, what exactly is included in a vendor packet? The contents can vary greatly depending on the industry and the needs of the business.
Read FullBenefits of Implementing Best-of-Breed
In today’s rapidly evolving business landscape, organizations are constantly seeking ways to optimize their operations, reduce costs, and enhance productivity. One way to achieve these goals is by investing in best-of-breed business solutions. These solutions are designed to provide superior functionality, flexibility, and scalability than their all-in-one counterparts, such as ERP platforms.
Read FullFinding the Right AP Automation Solution
March 14, 2023
What are the factors to consider in an AP automation solution? Finding the right AP automation solution for your organization is crucial to its success. When selecting an AP (Accounts Payable) Automation solution, there are several factors to consider. Of course your specific company and industry requirements play a role, but here are some general […]
Read FullAre Your Vendors Compliant?
February 24, 2023
These 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 FullWhat Cloud Solution Works Best for You?
Cloud based solutions are very popular and have become the standard for deploying business applications. Analysts predict companies will continue to drive double digit growth in adoption of cloud-hosted solutions for years to come. But there are a number of factors to consider for users and buyers of cloud based solutions because there are the different types of cloud infrastructures and implementations which could have a big impact on the availability, performance, and security of your application and data.
Read Full2023 Opportunities & Challenges
January 4, 2023
With a new year comes new challenges and new opportunities for all of us. The key to making sure we turn those challenges into opportunities is being proactive in taking on the challenges presented head on.
Read FullDon’t Get Caught in the Budget Squeeze!
December 14, 2022
An economic slowdown or perhaps even a recession is here, and for those of us who have been doing this for a while we have seen this movie before and we know how it plays out. As budgets are submitted and planning is underway for 2023, the financial back-office, i.e., Accounts Payable (AP), Accounts Receivable (AR), Procurement, Payroll and many other back-office functions are in the cross-hairs for cutbacks.
Read FullWhat Makes ICG Different?
October 27, 2022
question is that ICG is a different kind of solution provider because we focus first on the business issues that need to be addressed and then configuring a solution from the technology based tools that we have developed. One size does not fit all.
Read FullFour Areas of Opportunity in Vendor Management
October 21, 2022
Vendor Management has become increasingly complex and with new regulations and the increasing important role of stable supply chains the level of complexity will only increase.
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