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Featured Blog - 15 Mar 2024

Calculating the AP Days Formula: How to Reduce AP Days

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.

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22 Jun 2019

5 Characteristics of the Future CPO

The characteristics of the future CPO will be drastically different to those of the past, with a focus on leadership, technology, market expertise and cost reduction central to the role.

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17 Jun 2019

Procure-to-Pay Automation: Why Getting Others to Embrace it can be the Biggest Challenge

Getting your workforce to embrace change can often be one of the biggest barriers to procure-to-pay automation. Fear of change, however, can often be brought on by a lack of knowledge. Educate your employees and present the opportunities that it can bring.

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26 May 2019

Improving Your First Time Match Rate in Procure-to-Pay

Having 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.

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12 Apr 2019

Hacking The Supply Chain: 5 Ways To Enhance Supplier Relationship Management

There 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.

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26 Mar 2019

3 Essential Skills for Modern Procurement Teams

All areas of organizations are being digitally transformed, and the changes are really being noticed in modern procurement teams.

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21 Mar 2019

GDPR Compliance: How Prepared are Organizations?

GDPR compliance has been a hot topic since the announcement of General Data Protection Regulation (GDPR) by the EU in 2016.

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16 Mar 2019

4 Steps to Frictionless Invoice Approval

The 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.

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06 Mar 2019

Invoice Data Capture: How to Choose the Right Process for You

Accounts 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.

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26 Feb 2019

5 Steps to Bring Supplier Relationships into the Digital Age

Procurement and accounts payable departments are in the midst a digital transformation. Time-consuming and manual processes are being automated.

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16 Feb 2019

Four Crucial Relationships for Successful CFOs

The 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.

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05 Feb 2019

How a Multinational Retailer Doubled Productivity with AP Automation

Every 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.

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01 Feb 2019

Essential Skills of the Modern CFO

The 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.

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