Why automating your vendor management will benefit your organization Vendor Management covers many different areas of how companies identify, onboard, and transact with vendors and suppliers who supply goods and services to their organization in exchange for payment. The processes involved in managing these vendor centric activities can vary greatly by industry, company, and even […]
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Partner for Success – stronger supply chains, efficient processes, and automated operations The opportunities that are available to companies when procurement, finance and vendors communicate and collaborate are plentiful. Utilizing tools and solutions that insure you are onboarding vendors that are healthy and in compliance with company, industry, and governmental regulations is the start to […]
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How to use vendor management so save money and time For 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 […]
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It is time to take a look at your back-office processes and target areas where you can increase efficiency.
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Today 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.
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Lately 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.
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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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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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