Want to learn more about ICG’s software analysis process? We spoke with Leslie Valencia, one of ICG’s business analysts, to dig a little deeper into the process. Here’s what she said: As a software business analyst, it’s fun to work alongside...
Why You Should Utilize E-Invoicing Every year, buyers and vendors exchange millions of invoices in the supply chain without using an e-invoicing solution. This creates inefficiencies for the buyer’s Accounts Payable organization, and can thus increase the Days Sales...
All About Vendor Management Vendor management covers many areas involving how companies identify, onboard, and transact with vendors and suppliers who supply goods and services to their organization in exchange for payment. The processes involved in managing these...
For many companies, vendor management is treated as just another back-office function to be administered by procurement and accounts payable. But are those companies putting their organizations at risk, or at the very least missing out on opportunities for more...
The traditional office setting, with its rows of desks and cubicles, is undergoing a shift. As technology continues to evolve, an increasing number of companies are embracing a remote work model. This trend is particularly evident in the back office, where tasks such...
Thinking outside of the ERP box benefits your organization by giving you opportunities to fill the ERP gaps, costing your company time, money, and opportunity. In the past, the pendulum has swung from companies adopting best-of-breed solutions to opting for...
How AP automation can benefit your organization Accounts payable automation continues to provide tremendous value to many organizations decades after tools such as OCR and electronic workflow were developed. With the advent of vendor portals, dynamic discounting,...
More and more companies are tracking their diverse vendor population and reporting on purchase percentages and total spend with these diverse vendors. Many companies have redoubled their efforts or started new initiatives to ensure their organizations have diversity...
Like many things, technology and technology-based solutions tend to go in cycles. Lately, the pendulum seems to be swinging back to best-of-breed solutions to address a myriad of business issues. This reverses a cycle where many CIOs chose to use ubiquitous ERP...
What Is PO Dispatch & Update? PO dispatch and update refers to the processes involved in managing purchase orders from creation to completion, ensuring on-time delivery to vendors. This also includes tracking any changes until the PO is ultimately fulfilled and...
