Reducing back-office costs is a common goal for many organizations looking to improve their financial efficiency. As you construct your budgets and develop operating plans for your financial back-office, here are some top strategies that can help you achieve increased...
Transforming the financial back office into a profit center involves several steps, and perhaps changes in your current operation. The major areas to focus on include optimizing processes, leveraging technology, promoting self-service, and expanding services. In this...
Automating the vendor onboarding process can provide many benefits in addition to significant cost savings for businesses. Below we discuss a number of the benefits of implementing a cloud-hosted, automated vendor onboarding process: Let’s start the discussion...
Vendor portals offer many benefits to procurement departments. In this blog, we will look at some general benefits these highly collaborative, cloud-hosted portals provide. Then, we’ll dig a little deeper at some specific procurement-related functionality....
Cloud-based solutions have become the standard for deploying business applications. Analysts predict companies will continue to drive double-digit growth in the adoption of cloud-hosted solutions for years to come. However, there are several factors to consider...
