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Expert insight for financial professionals

The role of the CFO, Senior Finance Leaders, Accounts Payable and the Finance department are constantly changing to meet new business challenges and opportunities. These posts delve into this new landscape and the business processes and technologies which support this transformation. If you want to receive our expert advice for finance professionals direct to your inbox, just click here.

Featured Blog - 06 May 2022

How to Set Up an Effective Automated Invoice Approval Workflow

Traditionally, accounts payable processes have tended to be somewhat disorganized and inefficient, with several manual elements involved. This causes many issues for AP teams, with a disjointed invoice approval workflow a major contributing factor.

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06 Jul 2021

Are you Prepared for the New EBA Outsourcing Guidelines?

The European Banking Authority (EBA) published its outsourcing guidelines in February 2019. The transitional period for implementing these guidelines expires on 31st December 2021, leaving approximately six months for organizations to comply with regulations.

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18 Jun 2021

Accounts Payable in 2021: 5 Key Areas to Focus on

In order to assist in tackling the challenges during the year ahead, we have outlined 5 key areas that all AP teams and Senior Finance professionals should be aware of throughout 2021.

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20 May 2021

Achieving Compliance and Reducing Risk with Accounts Payable Automation

With AP responsible for processing invoices, ensuring payments are made on time and managing vendor relationships, the department has a direct impact on an organization’s ability to reduce costs and ensure compliance obligations are met.

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07 May 2021

How to Reduce Costs with Procurement Spend Analysis

With the Covid-19 pandemic having had a major impact on the global economy over the last few months, many CFOs are now challenging their procurement function with the difficult task of reducing costs and consolidating spend.

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09 Apr 2021

6 Instant Benefits of Automating your Procurement Process

Making procurement more efficient was about steady progress over a number of years. Covid and widespread supply-chain interruption changed all that. Now, automating supply processes as rapidly as possible has forced itself to the top of corporate agendas.

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26 Mar 2021

Payment Practices Reporting: The Importance of Paying Vendors on Time

Paying vendors on time always made sense. It improves relations, enhances your ability to negotiate better terms and saves you money. However, the impact of Covid19 and the latest regulatory requirements make good payment practices more compelling than ever.

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05 Mar 2021

The Importance of Strategic Procurement for your Organization

Setting the appropriate procurement strategy is the first step on the road to improved control and effectiveness of sourcing goods and services. Automating the strategy results in better matching to the objectives of the business.

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18 Feb 2021

The Role of the Modern CFO: Driving Digital Transformation of the Finance Function

Digitizing the finance function has become vital in the face of the current challenges facing businesses but for CFOs, this offers scope for making a much wider strategic contribution across their organizations.

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11 Feb 2021

How Procure-to-Pay Transformation Will Allow You to Escape the Mutants of 2021

After CFOs demonstrated an incredible capacity to pivot in 2020, they are being asked to turn full circle again. Companies are seeing the pandemic as a crucial period of transformation, with the procure-to-pay process a focus area for CFOs driving such change.

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27 Jan 2021

4 Key Procurement Trends for 2021

The 4 trends highlighted amount to businesses working to improve the resilience of their supply chains over the year ahead. These trends should not simply be viewed as a reaction to Covid or a response to current uncertainties in the geopolitical landscape.

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04 Dec 2020

Detecting and Preventing Invoice Fraud in your Organization

All 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.

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19 Nov 2020

The 7 Key Steps to Delivering the Best AP Solution

The challenges experienced by accounts payable teams, as a result of the Covid-19 pandemic, has led to a surge in the number of organizations implementing AP automation. However, before you implement an AP solution, there are a number of steps to consider.

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Latest Blog

How to Set Up an Effective Automated Invoice Approval Workflow

According to Levvel Research’s Payables Insight Report, an invoice approval workflow that relies on manual routing…

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Doing AP the right way with The Finnish Government.

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