Automating Vendor Management

Automating Vendor Management

Benefits of Automation Vendor management covers many areas regarding how companies identify, onboard, and transact with vendors and suppliers who supply goods and services to their organization in exchange for payment. The processes involved in managing these...
Vendor Diversity Tracking & Compliance

Vendor Diversity Tracking & Compliance

More and more companies are tracking their diverse vendor population and reporting on purchase percentages and total spend with these diverse vendors. Many companies have redoubled their efforts or started new initiatives to ensure their organizations have diversity...
PO Dispatch & Update: Ensuring On-Time Delivery

PO Dispatch & Update: Ensuring On-Time Delivery

What Is It? PO dispatch and update refers to the processes involved in managing purchase orders (POs) from when they are created to completion, ensuring on-time delivery. This typically includes the following steps: PO Dispatch: Sending the PO: Once a PO is created...
Remote Workforce in the Financial Back Office

Remote Workforce in the Financial Back Office

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...
Invest in Efficiency with Vendor Portals

Invest in Efficiency with Vendor Portals

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...