Expert insight for financial professionals

Featured Blog - 26 Sep 2022

The Rise of the Surcharges and How AP Departments Can Manage Them

Invoices 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.

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12 Apr 2022

Hybrid Working: 7 Reasons Why you Need AP Automation in 2022

If the switch to remote working has proven difficult for your AP team over the last few months, now is the time to join the many organizations that have already implemented an automated accounts payable solution. Here are 7 reasons why.

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06 Apr 2022

Four Steps to Bring Your Procurement Process into the 21st Century

Best in class procurement teams have left behind manual, time-consuming processes. Here are four steps to digitize your procurement process.

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28 Mar 2022

3 Step Process for Vendor Compliance

Vendor relationship management is vitally important to every organization. If managed correctly, vendors can have a significant positive impact on company growth.

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25 Mar 2022

Considering OCR? Read This Before Making Any Decision

OCR is a useful tool for extracting invoice data, however, beyond that its capabilities can be limited. Before making a decision on OCR, you should assess each element of your accounts payable process and whether or not data extraction is your only problem.

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18 Mar 2022

5 Secrets to Capturing Early Payment Discounts

Is your organization getting all of the early payment discounts that it can? If so, you’re among only 33 percent of organizations who are, according to a Levvel Research survey.

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15 Mar 2022

5 Ways to Optimize your Supply Chain

Supply chains can be complex and difficult to manage, particularly when several suppliers and products/services are involved. Organizations should prioritize supply chain optimization in order to achieve efficient product/material flow and financial flow.

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11 Mar 2022

The Top Procurement Blogs on the Web

We have curated a list of six blogs for procurement leaders and professionals to explore and develop the skillset required to thrive in the future.

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04 Mar 2022

6 Steps to Achieving a Successful Career in Procurement

A career in procurement has the potential to be a long and rewarding one if approached in a proactive way. With procurement now seen as a major contributor to company growth, it’s no longer simply a bridge to somewhere else.

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02 Mar 2022

4 Questions to ask Procure-to-Pay Solution Providers

Part of shopping around for a solution will involve a demo taking place at your company. This affords an opportunity to ask the important questions that will help you find the solution that truly meets your organization's requirements.

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28 Feb 2022

Why Procurement and Accounts Payable Alignment Is More Important Than Ever

Batman and Robin, peanut butter and jelly, Tom and Jerry, Bert and Ernie. These are some famous pairings in recent memory. However, some people may not realize that Procurement and Accounts Payable (AP) can be just as effective a pairing.

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18 Feb 2022

3 Procurement Actions for Cash Flow Management During a Period of Crisis

Over the last few months, many organizations have seen a major disruption to their supply chain which has seen a need to focus on cash flow in order to mitigate damages to the business.

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14 Feb 2022

The 5 stages of P2P Automation

As CFOs are pressured to drive cost and time savings, many are looking to modernize their Procure-to-Pay (P2P) processes.

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