One consequence of the new world we find ourselves in is a necessary move to a more remote workforce. While this trend ebbed and flowed before the onset of the COVID-19 virus, it has become a business continuity initiative for companies trying to survive and a...
While we celebrate the coming of 2021, many challenges remain before us. At ICG, we are optimistic about the weeks and months ahead, and with the proper planning and preparation, opportunity abounds in this new year and new world. 2021 Financial Back Office Goals Do...
At ICG, we offer We wanted to take this opportunity to introduce ICG’s new licensing and pricing model. First, all of our solution pricing will still be based on a “fixed fee” model where what we quote is what you pay… period! What has changed...
What is Vendor Self-Service? Vendor self-service is a popular trend in procurement, accounts payable, and finance because of the tremendous value it delivers. Vendor self-service is the process by which vendor management activities are directed away from the buying...
Finance and treasury departments are arming themselves with tools and processes to help monitor, conserve, and maximize cash returns in uncertain times. Accounts payable can also play a prominent role in the cash optimization process. After all, accounts payable is...
What is a Functionality Gap? Business process functionality gaps are the discrepancy between the desired or ideal capabilities of a business process and its current performance. They occur when a process fails to meet the needs or expectations of the organization, and...
Obtaining and sharing critical supplier information between different functional areas can be frustrating for many organizations. Siloed organizational structures, disparate systems that don’t communicate with each other, and differing business objectives are...
What is Vendor Self-Service? Vendor self-service is a business tool that applies to almost every phase of the procure-to-pay cycle by using portals. Vendor portals allow your vendors 24/7 access to information from anywhere in the world. Not only can your vendors...
When economic times are tough, companies focus on ways to cut costs and become more efficient in their operations. One area where most companies will look first is back-office operations. This is because, as a portion of the company that isn’t forward-facing, it...
Customized Vendor Portal Boosted Productivity 107 Percent SCOTTSDALE, Ariz. – ICG Innovations, a business process solutions leader in streamlining vendor and customer transactions and interactions through the development of full-featured and highly configurable...
