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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 promise big rewards. It’s supposed to make the entire procurement process easy while also giving you the tools you need to track purchases effectively. Unfortunately, companies find all too often that purchase order systems aren’t […]
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How Automated Expense Reporting Makes T&E Easier for Everyone in 2022
Even though the pandemic cut down on business travel, it didn’t get rid of the need for employees to submit expense reports. If you’re like many companies, you may have needed to revise your expense policies to cover work-from-home expenses. […]
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How A Strategy from the Automotive Industry Can Help with Supply Chain Issues
Since 2020, businesses in every industry have had to contend with supply chain disruptions. It’s harder and harder to guarantee that your suppliers will be able to fill your orders. And if they can fill orders, there are often delays […]
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Don’t Let Internal Software Lag
Customer-facing software gets all the attention. Companies pour seemingly endless time and money into the user experience of their websites and applications. This makes a lot of sense. Companies should be eager to jump on newer trends for consumers. You […]
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What Makes Business Process Automation Software User-Friendly and Why Does That Matter So Much?
One of the big challenges to implementing business process automation (BPA) software is that people worry the technology will be difficult to use. This is especially true for companies that have tried accounts payable automation or digital travel and expense […]
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Mobilizing Your Workforce with P2P Tools
Mobile technology in Procure-to-Pay (P2P) software has been a boon to companies. In many cases, it allowed them to completely transform their workforce. Through mobile technology, efficiency and access to necessary tools have been improved significantly. The timing for this […]
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Here’s How CPOs and CFOs Can Digitize Procurement Strategically
As digitization becomes standard in the business world, companies that haven’t yet digitized procurement are likely considering the possibility. If you’re going to make that move, though, you want to make sure digitizing will be an improvement. Taking procurement digital […]
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How Secure Document Management Automation Systems Can Empower the Financial Industry
The finance sector faces strict industry regulations and does not have time to deal with repeated, avoidable processing errors. A secure, regulation-compliant, simple-to-use software system is vital for managing documents related to financial processing. Companies working in finance often rely […]
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What Is Payment Disbursement Outsourcing?
Do you like it when you provide a service and then don’t receive payment on time? Of course not! None of us want delays in receiving the payments that other companies or individuals owe our businesses. Your company’s suppliers don’t […]
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How to Make Procurement Compliance Easy for Employees Using Automation Software
The goal of implementing automation technology in businesses is to empower human employees. Human-centric software design makes routine tasks faster and easier, reduces frustration, and frees up employee time to focus on the most rewarding parts of their jobs. One […]
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Why Is Spend Management So Important, and How Can Automation Help?
Simply put, spend management is the strategy companies use to control their spending. This strategy does not only involve purchasing and procurement, although that department plays a vital role. It can also involve collaboration between several different departments and financial […]
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Digitizing Payables for the Post-Pandemic Future
When Covid-19 forced businesses to move their processes online in 2020, the scramble to digitize and automate left many companies with a cobbled-together method for receiving invoices and making payments. Accounts Payable often had to figure out how to work […]
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