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...
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...
For many companies, vendor management is treated as just another back-office function to be administered by procurement and accounts payable. But are those companies putting their organizations at risk, or at the very least missing out on opportunities for more...
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...
Obtaining and sharing critical supplier information between different functional areas can be frustrating for many organizations. Siloed organizational structures, disparate systems that don’t communicate with each other and differing business objectives...
