An important part of smooth operating supply chains is onboarding and managing the vendors that are key to your organization’s success. Once onboarded, all key stakeholders from procurement (purchasing), finance (accounts payable), and the vendor must...
Workflow and process automation are an ongoing part of the business in most organizations. Companies are continuously looking for ways to improve internal and external processes to accomplish many goals. Here are some examples of goals that workflow and process...
Importance of Vendor Management Now more than ever, it is critical to manage key vendors by ensuring compliance and supporting vendor health. Maintaining a healthy supply chain is vital where demand exceeds supply in many industries. We have seen an increase in...
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 organization, and can thus increase the Days Sales...
All About Vendor Management Vendor management covers many areas involving 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...
