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 moreMaking 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.
Read moreSetting 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.
Read moreDigitizing 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.
Read moreAfter 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.
Read moreThe 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.
Read moreThe 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.
Read moreThe Covid-19 pandemic continues to cause global economic disparity and uncertainty, making it difficult to predict what lies ahead for the global economy. However, many lessons have also been learned this year, presenting opportunities for CFOs in 2021.
Read moreDue to continued uncertainty, it has been necessary for organizations to look at how they can both reduce costs and increase profitability. One of the key ways to achieving this is through the effective management of contracts.
Read moreThe accounts payable department performs many roles, essential to the running of a business. However, the potential to add more value and become a key decision-maker is often held back by the manual, time-consuming nature of such roles.
Read moreRemote working has highlighted just how vulnerable manual processes are, with AP teams facing many challenges since the Covid-19 outbreak. This four-minute blog will evaluate these challenges and provide solutions.
Read moreThe concept of the ‘Internet of Things’ (IoT) is maturing at a rapid speed in all areas of life. Finance executives are also beginning to recognize the benefits of using the Internet of Things in procurement.
Read moreThe average company "leaks" 9% of revenue due to contract-related issues. Ensure you know how to avoid these costly pitfalls by reading the blog now
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