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10 Important Ways That Using Purchase Orders Benefits Your Company
If you’re like most of us, you probably think the last thing your business needs is more paperwork. There’s way too much of that already, right? Not using purchase orders is saving you time, you might argue. Besides that, they […]
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10 Most Costly Procurement Mistakes and How to Avoid Them
Your company’s purchasing ability depends in large part on the effectiveness of your procurement system. When the system is working well, then purchasing goes pretty smoothly. But if you’re working with an inefficient system it’s going to lead to a […]
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Weird Things That Show Up On Expense Reports
If you work in the finance department, chances are you’ve seen some pretty weird things show up on expense reports. From Italian vacations, to pet sitting, to traffic tickets there seems no end to the strange and inappropriate items people […]
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Quick and Painless Ways to Solve 5 Common Purchasing Problems
Is your company struggling with purchasing problems? Dealing with accidental orders, unclear policies, exceeding the budget, inventory issues, and inflexible or unreliable suppliers are not uncommon. But you don’t have to keep putting up with these issues in your company. […]
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Pros and Cons of Online Procurement Software
In recent history, the digital business revolution revolved around using in-house software for process improvement. Typically, you’d buy a software package designed to handle a specific business process, such as procurement or payroll, and then install it on the department’s […]
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5 Dangerous Mistakes In Supply Chain Management And How To Avoid Them
For many companies, supply chain management involves a lot of missed opportunities. Instead of having a supply chain that adds value they have one that’s full of errors which cost the company time and money. Even if your company’s supply […]
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How To Tell If You Need Procurement Automation Software
Have you ever found yourself thinking it’d be nice if the purchasing process in your company worked more smoothly? Maybe you’ve had trouble with misplaced paperwork, or invoices that don’t match purchase orders, or problems with purchases going over-budget. Whatever […]
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How Much Money Will Accounts Payable Automation Actually Save My Company In The Future?
One of the first questions people ask when considering a new purchase is, “What will this cost?” Buying new business process software for accounts payable is no exception. Before you invest company resources in AP automation you’ll want to know […]
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5 Questions To Ask Before You Automate AP
Automating your accounts payable department is a big step, one that can help your company improve invoice processing and save money. As more and more companies go digital and automate their business processing, it’s time to move automation for AP […]
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5 Digital Transformation Trends That There’s A Good Chance We’ll See In The Next Five Years
Digital transformation plays an undeniably pivotal role in today’s businesses. And there’s no doubt that continuing digital transformation will shape the future of the business world. As companies in all industries prepare for the future, it’s helpful to look forward […]
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10 Compelling Reasons To Automate Accounts Payable
The accounts payable department is one of the most important in a business, yet also one of the hardest to optimize. Many companies overlook its importance or simply don’t know how to leverage AP’s potential. Accounts payable automation software can […]
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Here’s How To Add Value To Your Procurement Process By Making Procurement More Data-Driven
In recent years, data-driven procurement became a hot topic. As more and more business processes go digital, the importance of leveraging data in business processing becomes increasingly evident. Finance executives know that digitizing procurement and leveraging data more effectively is […]
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