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This Is The Difference Between A Punch Out Catalog And An Item Catalog, Plus 5 Reasons Why You need Both
Purchase order and procurement software promises big rewards. It’s supposed to make the entire procurement process easy while also giving you the tools you need to track purchases effectively. But all too often, companies find that PO systems aren’t as […]
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What to Look for in a Trustworthy Automated Money Management
When you’re automating money management for a business, you need a reliable system. Not only must it reduce errors and generate accurate information, but it must also keep your financial information safe. It’s a balancing act for many companies. How […]
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How To Set Up A Purchase Order System For Large Organizations
The larger an organization grows, the more important it becomes to keep track of purchasing. A poorly functioning purchase order (PO) system or, worse, no system at all will result in purchasing problems that cost your company money. And since […]
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Top 10 Reasons Why Using Robotic Process Automation For Data Entry Is The Right Choice For Your Business
There’s a big push to automate as many business processes as possible. Not only is automation a significant time-saver, it also saves companies money. Things like accounts payable automation make business processes faster, more accurate, and more secure. But sometimes, […]
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10 Essential Tips For Improving Cash Flow In Your Company
Improving cash flow is a big help no matter what type of business you’re running, how long the company has been around, or what size of company it is. Every business faces the challenge of managing cash flowing in and […]
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Do You Need To Change The Way You Approach Cash Flow To Avoid Shipwrecking Your Company?
When you’re navigating the stream of cash flowing in and out of your business, it’s easy to run into problems. Cash flow issues plague companies of all sizes and eat away at the bottom line. But they’re not inevitable. And […]
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7 Reasons Why Outsourcing Procurement Solutions Could Be Exactly What Your Business Needs
If you’re in a product-based business, procurement is key to your success. It’s tough to manufacture all of your own parts and materials. In some cases, it might even be impossible. Either way, finding other reliable companies to build those […]
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What Does Workflow Automation Actually Look Like In The Accounts Payable Department?
Are you happy with your payables workflow? If you’re still on a paper system, chances are that you can point out some inefficiencies in the way your organization processes invoices. Your accounting department is doing the best it can, but […]
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This Is What You Need To Know About Your Data Capture Options For Accounts Payable
One challenge facing accounts payable today is that you receive so many different types of invoices. Some arrive on paper with your orders, others are faxed, some come attached to emails, and others arrive in electronic formats such as EDI […]
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10 Important Ways That Using Purchase Orders Benefits Your Company
The last thing your business needs is more paperwork, am I right? Sometimes it seems like all the documents and files and records just make things more complicated instead of simplifying your workflow. So why would you use a procurement […]
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How To Avoid the Most Common Mistakes That Companies Make When Implementing New e-Procurement Software
Do you want a procurement solution that only half-works? Or that fails entirely after you’ve poured money into it? Of course not! But unfortunately, that’s what a large percentage of companies end up with when they try to implement an […]
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Two Unexpected Ways Autoprocessing In Accounts Payable Saves Your Employees Time
If you want to speed up your business processes, automation is the way to go. Auto-processing will dramatically increase how quickly your accounts payable department can process invoices, payments, etc. But that’s not the only time-saving benefit. While it’s true […]
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