Data capture technologies are methods or systems used to collect, record, store, and digitize information from various sources. These technologies have evolved and continue to play a crucial role in data collection for businesses and organizations of all sizes....
The debate between best-of-breed (BoB) applications and enterprise resource planning (ERP) systems continues to gain momentum as time goes on. While both options have their merits, this blog post will delve into the distinct advantages of best-of-breed applications...
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...
Collaboration between procurement and finance is a key element in improving efficiency and profitability in your organization. Here are some ways they can work together: Cost Analysis and Budgeting Procurement and finance teams can collaborate to analyze costs...
