At ICG, we offer several cloud-hosted options for all our solutions: Vendor Management, Vendor Onboarding, Vendor Portal, Dynamic Discounting, AP Automation, Data Capture, Workflow, and PO Dispatch & Update. In this blog post, we’ll discuss ICG’s...
Once seen as a purely operational department, the back office has grown in importance and now plays a critical role in a company’s overall strategy. Its efficiency and adaptability directly impact an organization’s bottom line and overall competitiveness....
Fraud in the accounts payable (AP) department can have a significant negative impact on a business. It can lead to financial losses, damage to reputation, and legal consequences. To protect your company from such risks, it’s essential to learn how to prevent...
Finding new technology for your organization can be stressful and time-consuming, but with businesses always growing and changing, adding new technology is necessary in many cases. Choosing the right technology can help optimize operations and achieve strategic goals,...
For many businesses, relying on external vendors is essential, and ensuring these third-party partners adhere to your company’s standards and regulations is crucial. Here’s a five-step guide to ensuring vendor compliance: Conduct Thorough Vendor...
Once seen as a purely operational department, the back office has grown in importance and now plays a critical role in a company’s overall strategy. Its efficiency and adaptability directly impact an organization’s bottom line and overall competitiveness....
ICG’s cloud-hosted solutions offer benefits for streamlining and reducing costs in their operations. Here are some reasons you should consider using our cloud-hosted solutions: Cost-effective: Our cloud-hosted solutions are offered on a pay-as-you-go model, which...
The pandemic brought about many changes, some of these changes were temporary and faded as the pandemic faded. However, other aspects of our professional lives have changed in the long term. This is especially felt in the deployment of people in the workforce. The...
Vendor compliance is a cornerstone of a well-managed business, and keeping a close eye on your vendors to ensure compliance at all times is crucial to limiting your organization’s risk. What is Vendor Compliance? Vendor compliance is the process of ensuring your...
AI’s new roles in the financial back-office Traditionally, the financial back office has been filled with manual, time-consuming tasks. It relied heavily on processes such as paper-based record keeping, manual data entry, and labor-intensive reconciliation...
