With today’s high-interest-rate environment, maintaining strong vendor relationships is essential. One way to achieve this while also maximizing savings is by offering vendors a dynamic discounting program. This financial strategy becomes even more compelling in...
One way to optimize operations reduce costs, and enhance productivity simultaneously is by investing in best-of-breed business solutions. These solutions provide superior functionality, flexibility, and scalability than their all-in-one counterparts, such as ERP...
The financial back-office – accounts payable, accounts receivable, procurement, payroll, etc. is often considered necessary but not strategic. As a result of this view, the back office doesn’t get the executive exposure needed to unlock the value hiding...
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 (AP) organization, and can thus increase the Days...
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...
