How Recruitment Software Helps Overcome Hiring Challenges
HR departments are facing new challenges in one of their most key tasks – employee recruitment. Finding the right fit is the biggest challenge, as the organizations need candidates who stay with them for a long time and contribute to business growth. To be successful, recruiters need to gather candidate data from various sources, find […]
3 Ways for Effective Supplier Payment Processes
Increasing global suppliers will increase the financial and compliance complexities. The following are a few ways through which you can make supplier payments more effective as you scale accounts payable operations with your growing business. Automate Your AP Workflow Manual processes consume a lot of time and money. For the most part, employees spend time […]
Preventing Business Expense Fraud – Part 2
In continuation to our previous post, this article outlines some more strategies to prevent expense fraud. Let’s take a look at some of the best strategies: Mandating Pre-approval Process Pre-authorization reduces the possibility of expense fraud. Pre-approval system works in conjunction with a corporate card or travel booking solution and helps improve visibility over the […]
Improving Accounts Payable Processes with Automation
Certainly, Accounts Payable (AP) is considered as an important part of any organization. An effective AP department can establish positive vendor relationships, flexible payment terms and effective cashflow. However, there are a few major pain points your AP department is experiencing. Organizations can benefit when you address the key issues: Invoice Review Sending invoices to […]