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Expert insight for financial professionals
Expert insight for financial professionals
Accounts Payable Outsourcing or AP Automation? Each approach has its advantages, but the key is finding the perfect fit for your company's needs.
Read moreRetail has experienced seismic industry shifts while weathering the pandemic. Not only are customers demanding greater responsiveness, personalization, and flexibility, but retailers face persistent challenges in managing supply chains and retaining talent.
Read more2023 presents ripe opportunities for accounts payable teams to be proactive about adapting to changing conditions. Here are the top accounts payable trends in 2023 and ways to address them.
Read moreGartner suggests that the solution to reducing fraud in the AP process requires going behind the “baseline level of internal controls” to minimize the risk of abuse using three pillars.
Read moreInvoices are now more likely to have additional charges ranging from freight surcharges to “COVID” charges to environmental fees. In this post, we will discuss the rise of surcharges and how you can manage them.
Read moreEconomists caution that the US and Europe are facing increasing risks of sliding into recession. More than ever, now is the time to fast-track AP automation to accelerate gains in productivity and cost savings.
Read moreIt will come as no surprise to hear that manual accounts payable processes can be both costly and inefficient. Making a case for accounts payable automation can help organizations break free from manual processes that drag down productivity.
Read moreHaving a strong AP process requires constant innovation and continuous improvement to address evolving accounts payable problems.
Read moreProcurement teams are looking to ensure that their people, processes, and technologies are best placed to deliver on critical procurement trends that will define 2022 and beyond, and not fall behind what is considered best practice within the industry.
Read moreAll organizations, regardless of size are susceptible to invoice fraud. Significant increases in the number of people working remotely has lead to reduced visibility and control over AP processes and subsequent increases in fraudulent activity.
Read moreCash flow management should be treated as a major priority by organizations of all sizes, given how accurate an indicator it can be of a business’ long-term financial health.
Read moreEstablished companies must adopt digital transformation strategies to remain viable in the markets that they serve. However, despite the use of e-Procurement systems for the last 15 years, many aspects of procurement remain manual, and prone to human error.
Read moreIn order to make sure your procurement department is making the best choices possible, it is important to understand the nuances related to indirect spend management compared with direct spend management.
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