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Are Your Vendors Compliant?
What is Compliance? Within business, compliance is defined as the confirmation that a provider of a service, or a manufacturer or supplier of goods,...
What Cloud Solution Works Best for You?
Cloud-based solutions have become the standard for deploying business applications. Analysts predict companies will continue to drive double-digit...
Automated PO Dispatch & Update Solutions
Automated PO dispatch & update solutions deliver value, savings, and efficiency. They rapidly deploy in a centralized or remote processing...
Economic Slowdown: Now What?
This year brought about supply chain disruptions, increasing interest rates, high levels of inflation, and the beginning of a trend toward layoffs...
What Makes ICG Different?
Finding the best provider for your organization can be difficult in a world with seemingly endless options for back-office software. So, what sets...
Four Areas of Opportunity in Vendor Management
Vendor management is very complex, and with the increasingly important role of stable supply chains, this complexity will only increase....
Vendor Management: Are You Doing It Right?
Does your company view vendor management as just another back-office function to be administered by procurement and accounts payable (AP)?
3 Beneficial Back-Office Tools
As managers search for areas of opportunity to shore up the bottom line in these economic times, one area of hidden value that is often overlooked is the financial back-office.
Are You Ready for a Financial Slowdown?
The signs are all here: supply chain disruptions, increasing interest rates, high levels of inflation, and layoffs in certain companies and...
Communicate. Collaborate. Transact.
An important part of smooth operating supply chains is onboarding and managing the vendors that are key to your organization's success. Once...
AI in Procurement
There are many areas where AI can be beneficial to back-office operations. AI increases performance, lowers vendor risk, and decreases costs in...
AI-Assisted Back-Office Applications
Adding AI to your back office applications can provide a multitude of additonal opportunities for your organization. AI-assisted applications can...
Artificial Intelligence Impacts on Business
Artificial intelligence has the potential to significantly transform the business landscape by revolutionizing the way companies operate, make...
AI in Data Capture and OCR
Artificial Intelligence plays a crucial role in data capture and OCR applications, changing how we process and extract information from various...
AI’s Impact on the Financial Back Office
AI is already significantly impacting financial back-office operations, and its influence is expected to increase exponentially in the coming years....
Why Procurement Needs Vendor Portals
Vendor portals offer many benefits to procurement departments. In this blog, we will look at some general benefits these highly collaborative,...
What Is My Cost per Invoice?
Cost per invoice = (Total personnel costs + Total overhead costs + Total technology costs + Other costs) / Total number of invoices processed
Vendor Packets and Vendor Onboarding
Vendor packets and vendor onboarding are essential documents and processes that businesses use to evaluate potential suppliers and vendors. These...
Common Issues in the Financial Back Office
Financial back-office operations are the backbone of any organization's financial systems. They are responsible for tasks related to accounting,...
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