Expert insight for financial professionals
Artificial Intelligence (AI) is no longer a luxury—it’s a minimum requirement for businesses that want to stay ahead. Relying on manual Accounts Payable (AP) processes isn’t just inefficient; it’s a costly disadvantage.
Read moreHaving a high first time match rate is an essential key performance indicator for accounts payable teams. It is important that organizations assess their current invoice matching process and look to optimize it wherever possible.
Read moreThere are a number of ways that your organization can enhance supplier relationship management. SRM is all about interacting with suppliers and ensuring that there is a good relationship to ensure good pricing, quality products, and fast turnarounds.
Read moreAll areas of organizations are being digitally transformed, and the changes are really being noticed in modern procurement teams.
Read moreGDPR compliance has been a hot topic since the announcement of General Data Protection Regulation (GDPR) by the EU in 2016.
Read moreThe competitive landscape that we find ourselves in is forcing organizations to reduce costs and streamline processes while at the same time growing the business. Employees in all roles within organizations are striving to become more productive.
Read moreThe B2B procurement landscape has undergone a major transformation in recent times. Simply ordering a product or service online is something that was not as commonplace 20 years ago.
Read moreAccounts payable automation is comprised of a number of different components including matching invoices, approval workflows, adding data to an ERP system, paying suppliers, and eventually generating reports and analytics.
Read moreProcurement and accounts payable departments are in the midst a digital transformation. Time-consuming and manual processes are being automated.
Read moreThe role of the CFO is constantly evolving and it has been for decades. The position has become more complex and the board’s demands are increasing. They want live insights into how the business is performing and recommendations based on data and trends.
Read moreEvery organization is familiar with the laborious process of paying bills to suppliers or accounts payable (AP). Late payments to vendors, lack of visibility, and delays in the accruals process are all common problems for finance professionals and management.
Read moreThe role of the CFO is constantly evolving. The most drastic transformation has occurred within the past 15 years: the introduction of the cloud, big data and digital currencies have contributed to a new era of financial management, processes and technologies.
Read moreAs business demands and compliance requirements intensify, finance professionals want to be able to complete daily tasks quickly on a single interface, rather than multiple systems, in order to spend more time on strategic, value-added work.
Read more