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What Does It Mean To Change Your Spend Culture?
How do you deal with uncontrolled spending? Managing spend is a huge problem for companies. Unfortunately, many don’t find out just how much of a problem it can be until ridiculously high numbers start coming to light in company expenses. […]
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Does Robotic Process Automation Take Jobs Away From Real People?
One of the biggest concerns that people have about Robotic Process Automation (RPA) is that it will take jobs away. And it’s a valid concern. At the surface, it looks like the whole point of RPA is to create robotic […]
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The 5 Big Advantages To Faster Invoice Processing
The Accounts Payable Department might not be the most glamorous in a company. But it’s an essential part of doing business and we can’t afford to ignore how important this department is. Problems that start in AP can quickly become […]
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Lean vs. Agile: Understanding Supply Chain Management Strategies and Finding One That Works For Your Business
When we talk about supply chain management strategies, there are two key approaches to understand. Lean and agile supply chains are often pitted against each other as an either-or option. There are pros and cons to each, and you’re expected […]
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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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