-
What is P2P? And How to Make Your Business P2P Seamless and Efficient.
The process between procurement and payment is often complicated. It involves purchase orders, invoices, tracking, budgets, order modifications, payment, and so on. P2P stands for this whole “procure-to-pay” or “purchase-to-pay” process. P2P is the process a company goes through to […]
Read more -
7 Reasons Why Outsourcing Procurement Services is Exactly What Your Business Needs
If you’re in a product-based business, procurement is key to your success. It’d be tough to manufacture all your own parts and materials. In some cases, it might even be impossible. Either way, things run much more smoothly if you […]
Read more -
The Pros and Cons of Outsourcing Your Accounts Payable
Each day, the business world gets more competitive. In such an environment, your company needs a way to improve your services and stand out from the competition while also cutting costs. Outsourcing accounts payable is a viable solution for companies […]
Read more -
What is BPO? BPO Examples, Categories, Types and Benefits.
We’re all familiar with the idea of outsourcing business processes. However, many people are a little fuzzy on exactly what Business Process Outsourcing (BPO) actually means and how it relates to the concept of Business Process Automation (BPA). Even more […]
Read more -
4 Ways Self-Service Accounts Payable Can Help Your Small Business
When you run a small to medium business (SMB), your accounts payable can quickly turn into a nightmare. Not only do you have to oversee regular overhead costs, like paying the rent and utilities, but you also have to handle […]
Read more -
Here’s How Travel & Expense Software Will Make Your Life Easier
With most companies now handling business operations using software and cloud-based technology, how come so many still rely on paper-based records for managing employee expenses? Maybe it’s because they think gathering receipts and filling out paper forms is simpler than […]
Read more -
Are You Facing an Audit? Ease the Pain with a Web-based BPA Solution
The auditors are coming, the auditors are coming! A widespread panic suddenly shoots across the psyche of your entire organization. But guess what? It doesn’t need to. No matter what you do, having auditors come in to ensure your company […]
Read more -
4 Reasons You Should Be Using A Digital Document Management Software
In a business environment, paper piles so quickly it can be difficult to keep track of. When it comes to invoicing, payments, and expense management, for example, the amount of paperwork that can accumulate is astounding. For this reason, many […]
Read more -
6 Important Questions To Ask Yourself About Digital Archiving
Any time your employees have to sift through stacks of paper, it can lead to an abundance of problems. Research takes longer, and that means customers have to wait longer for responses. Records can go missing, which may lead to […]
Read more -
5 Accounting and Budgeting Tips for Paying off a Business Loan after You Start a New Business
Starting a new business means you’ll have to face many expenses. In most cases, the best option for handling these expenses is to take out a business loan. As your company begins to grow, you must be careful not to […]
Read more -
Everything You Need To Know About Automating Capital Expense (CapEx) Projects & Spend Management in 2020
Acquiring new assets and maintaining the ones you currently have can add serious value proposition to your organization. Like any investment, acquiring capital assets requires a careful assessment and acquisition process. You have to ensure you’re budgeting your projects adequately […]
Read more -
What Is Account Payable (AP) Automation and Why Do You Need It in 2020?
As everything in this world gets bigger and faster, it’s important for your company to keep up. You don’t want to get left behind as competitors modernize their businesses and prepare for the future. One of the most effective ways […]
Read more