The COVID-19 pandemic brought about many changes in our daily lives, many of which were temporary. But other aspects of our daily and professional lives will be changed for the long term. One such example is the rise of the remote workforce. Aiding in the adoption of...
As the economy starts to reopen and business is starting to boom, labor is still hard to find despite high percentages of unemployment. This trend favors companies that value efficiency and are willing to invest in back-office applications that promote high levels of...
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...
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...
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...