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Expert insight for financial professionals
Expert insight for financial professionals
Explore how automation helps retailers tackle rising operational costs, from managing invoices to improving efficiency, boosting transparency, and enhancing decision-making.
Read moreFinance leaders need capital efficiency to weather any storm and continue to grow. According to a PYMNTs survey, more than 95% of CFOs favor AP automation for helping to maintain a healthy balance sheet – and it’s easy to see why.
Read moreProcurement is a fundamental function of any organization. To maximize procurement performance, it is essential to keep up-to-date with the latest trends and to continuously update your process to incorporate the best procurement practices.
Read moreRetail has experienced seismic industry shifts while weathering the pandemic. Not only are customers demanding greater responsiveness, personalization, and flexibility, but retailers face persistent challenges in managing supply chains and retaining talent.
Read more2023 presents ripe opportunities for accounts payable teams to be proactive about adapting to changing conditions. Here are the top accounts payable trends in 2023 and ways to address them.
Read moreGartner suggests that the solution to reducing fraud in the AP process requires going behind the “baseline level of internal controls” to minimize the risk of abuse using three pillars.
Read moreInvoices 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.
Read moreEconomists caution that the US and Europe are facing increasing risks of sliding into recession. More than ever, now is the time to fast-track AP automation to accelerate gains in productivity and cost savings.
Read moreIt will come as no surprise to hear that manual accounts payable processes can be both costly and inefficient. Making a case for accounts payable automation can help organizations break free from manual processes that drag down productivity.
Read moreHaving a strong AP process requires constant innovation and continuous improvement to address evolving accounts payable problems.
Read moreProcurement teams are looking to ensure that their people, processes, and technologies are best placed to deliver on critical procurement trends that will define 2022 and beyond, and not fall behind what is considered best practice within the industry.
Read moreAll 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.
Read moreCash flow management should be treated as a major priority by organizations of all sizes, given how accurate an indicator it can be of a business’ long-term financial health.
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