Expert insight for financial professionals
Keeping tabs on how long it takes for your AP team to pay an invoice helps you measure the organization’s ability to handle payments efficiently. A simple but effective way to measure this is by tracking your Accounts Payable Days over time.
Read moreVendor management optimizes production and profit by fostering strong third-party relationships. Strong communication, collaboration, and trust help satisfy customer needs and streamline your supply chafin.
Read moreThe age of big data analytics is equipping organizations with much more detailed information, and often in real-time. Teams are now positioned to make smarter and more accurate decisions on spending, suppliers and developing stronger procurement strategies.
Read moreIn this article, we’ll discuss accounts payable challenges within the aviation industry and how automation overcomes these obstacles.
Read moreOne of the keys to an effective agreement management process — and impactful procurement — lies in maintaining contract visibility. In this blog, we discuss why visibility is so critical to your mission and how automated solutions can help you achieve it.
Read moreIn a world where efficiency and process improvements are top priorities for business growth, CFO KPIs are extremely important for assessing performance and feeding into subsequent reporting and decision-making.
Read moreProcurement market intelligence is an increasingly vital component of corporate purchasing, and today’s companies must invest in this area to promote overall success.
Read moreCompanies who focus on optimizing their procurement process cycle begin to experience more cost savings, make better purchasing decisions, have more visibility over the process and are able to exercise greater compliance, amongst other things.
Read moreAs more companies consider bringing payment technologies fully into the 21st century, it’s crucial to understand the steps during the transition from a manual to an automated payment system. Maximize the success of your payment automation with these six steps.
Read moreAs energy costs have risen around the world, the demand for renewable clean energy has prompted heightened activity in the wind energy sector, creating added strain on procure-to-pay processes.
Read moreDevOps – short for development and operations – is a modern solution to an age-old problem: providing significant improvements without sacrificing quality and speed.
Read moreOptimal financial management sets the foundation for the long-term health of any successful organization.
Read moreEconomic uncertainty continues to generate cost consciousness globally, with few signs of abating. CFOs are pressuring procurement teams to step up.
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