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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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Pros and Cons of Business Process Outsourcing (BPO)
Businesses are always seeking ways to adapt, stay competitive, and cut costs. One way to do that in the modern business world is using business process outsourcing (BPO). It’s something that’s easy to do and, as a cost-saving measure, BPO is […]
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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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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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What Does Accounts Payable Workflow Automation Look Like In Practice?
Are you happy with your accounts payable 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, […]
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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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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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