Blog
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...
Tailored Vendor Portals
Vendor portals, especially tailored ones, are powerful business tools that can address numerous pain points in your current accounts payable...
Vendor Packets: Step 1 in Onboarding New Vendors
What are Vendor Packets? A vendor packet is a collection of forms and documents that a buyer sends to a potential new vendor to gather the required...
Document & Data Capture Options
Document and data capture has long been one of the most discussed and researched technologies in the financial back-office and accounts payable...
Workflow & Process Automation
Workflow and process automation are an ongoing part of the business in most organizations. Companies are continuously looking for ways to improve...
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,...
How to Reduce Costs and Increase Efficiency
Reducing costs and increasing efficiency in the financial back office is a top priority for many companies that continue to prepare their...
Benefits of Implementing Best-of-Breed
One way to optimize operations, reduce costs, and enhance productivity simultaneously is by investing in best-of-breed business solutions. These...
The Importance of Vendor Self-Service
What is it? Vendor self-service is a term used to describe a set of tools and processes that allow vendors to manage their information and...
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