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5 Ways that Business Process Automation Can Support Employee Morale
In recent years, companies are becoming increasingly aware of the important role employee morale plays in a business. According to Forbes and CMS Wire, supporting employee morale boosts company productivity. When employees are satisfied with their jobs and not overworked, […]
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Why You Need User-Friendly T&E Software
In North America, employees and managers miss out on more than $10.7 billion in unclaimed expenses every year. For U.S. employees, the loss averages $390 per employee per year. That’s a lot of money for people to just leave on […]
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Which eProcurement Solution Is Right For My Company?
The majority of CPOs believe having a digital procurement solution is a good idea. Even so, most haven’t implemented eProcurement in their company. If your company is in this situation, you might have put off implementing eProcurement because it seems […]
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What Is The Difference Between Procurement, Purchasing, Sourcing, Purchase Orders, and Requisitions?
As you read about business purchasing and procurement, you’ll start to notice people using several different terms. Words like procurement, purchasing, and sourcing are often used interchangeably. The same goes for the paperwork involved, such as purchase orders and requisitions. […]
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How Is Your Company Doing with 2022’s Top Financial Priorities?
As we entered 2022, things started looking up for the world and for businesses. Yet while businesses started reopening and getting back to normal, they were also still dealing with the effects of the pandemic. Many companies had to move […]
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5 Reasons Why You Should Digitize Documents in 2022
The amount of documentation you have to keep on hand to maintain a good record-keeping system can be daunting. For larger businesses, record keeping often involves off-site storage facilities dedicated to managing documents. For smaller businesses, paper records can quickly […]
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How Important Is it To Store Business Data Electronically? Plus The Top 6 Reasons You Need To Digitize Data Storage
Data storage is a key component of a successful business. Accounts payable, expense reporting, and other departments generate a ton of paperwork. How you store all this information from your company’s everyday business processes affects your entire company. As you’re […]
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7 Best Practices That Impact Accounts Payable Automation
All around the world, mistakes happen in accounts payable departments every day. We’re all human; we make mistakes and it’s not the end of the world. But sometimes, errors can be costly. Since the accounts payable department handles money leaving […]
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Here’s What You Should Know About Sustainable Procurement in 2022
Sustainable business practices are a hot trend in today’s world. Social and environmental sustainability are near the top of many companies’ goals, particularly those companies located in nations that have pledged to reduce their carbon footprint and greenhouse gas emissions. […]
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Your Essential Guide To Implementing Paperless Accounts Payable
You’ve probably heard or read about the benefits of having a paperless invoice processing system. But there’s so much paper in the accounts payable (AP) department right now that going paperless can seem like an impossible goal. Paper invoices, paper […]
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Traditional ERP Can’t Solve Everything. Here’s What Else You Need To Make It Work
We often talk about ways that companies still using a manual system can transition to a digital platform. But what if your company automated years ago with traditional Enterprise Resource Planning (ERP) software? Is there any reason for you to […]
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How To Get Your Accounts Payable Process Ready For 2022
The way companies do business has changed dramatically since the beginning of 2020 two years ago. More employees are working from home, business travel was disrupted, companies in all industries are dealing with supply chain issues, and it looks like […]
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