Blog
Best of Breed Applications
The debate between best-of-breed applications and ERP systems continues to gain momentum as time goes on. While both options have their merits, we...
Not All OCR Solutions Are Created Equal
Understanding documents is extremely valuable when setting up a successful AI-powered OCR solution because not all OCR solutions are created equal....
12 Ways to Start Reducing Back-Office Costs
Reducing back-office costs is a common goal for many organizations looking to improve their financial efficiency. As you construct your budgets and...
How to Transform Your Financial Back-Office
Transforming the financial back office into a profit center involves several steps and perhaps changes in your current operation. The major areas to...
Budgeting for AI in Accounts Payable
As summer winds down and we head into budgeting season, many companies will have AI on their radar. When formulating your budgets, keep in mind that...
Collaboration: Procurement and Finance
Collaboration between procurement and finance is a key element in improving efficiency and profitability in your organization. Here are some ways...
The Power of AI in Accounts Payable
Implementing AI-powered solutions in accounts payable departments can lead to significant cost savings as well as operational and financial...
Vendor Portal Functionality
A vendor portal is a central platform for vendors or suppliers to communicate, collaborate, and transact with an organization. The specific features...
AI-Assisted Data Capture Vs. Traditional OCR
AI-assisted data capture and traditional OCR applications are both capable of extracting data from various sources, such as documents, images, or...
Automated Vendor Onboarding Processes
Vendor onboarding processes are incredibly important for any organization that deals with vendors. Without set processes, adding additional vendors...
Getting the Most From Your Vendor Portal
A vendor portal is a web-based platform that facilitates communication, collaboration, and transactions between a company and its suppliers or...
Using AI to Improve Vendor Onboarding
AI can significantly streamline and enhance the vendor onboarding (supplier onboarding) process by automating various tasks, improving efficiency,...
Big Changes in the Year Ahead
2024 is almost here, and we are so excited for the year ahead! Two emerging trends will offer back-office operations the opportunity to become more...
Costs of Manual Vendor Onboarding
Although manual onboarding has long been the most common, albeit time-consuming, form of vendor onboarding, its simplicity may be doing...
Data Liberation
Unstructured data, in its myriad forms—emails, documents, images—holds immense potential, waiting to transform the efficiency and strategic...
AI-Assisted, Rules-Based Workflows
The integration of AI into rules-based workflows has emerged as a game-changer. AI-assisted rules-based workflows bring a new level of efficiency,...
Is Your Solution Capturing the Right Data?
All data capture solutions and solution providers are not created equal, but what are the key ways that great solutions and providers set themselves...
Streamlining Vendor Onboarding
The Benefits of a Vendor Portal-Based System Vendor onboarding is a necessary and important process for any business with multiple vendors....
Factors to Consider in Evaluating EDI
Today, organizations are constantly seeking ways to streamline their operations and improve efficiency. One area where this is particularly...
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