Any organization needs to purchase raw material in the form of goods or services to run their business operations. Generally, there is no shortage of suppliers in the market and organizations look to procure their supplies from the supplier who can offer them the best terms in terms of price

The ‘lean’ approach, through which organizations identify and eliminate those activities that do not add value to the process from their customers’ perspective and hence dubbed ‘waste,’ is getting more and more takers as organizations have realized the benefits it has and the improvement in productivity it can bring. Lean

Expense reporting can involve a lot of fraud caused by employees and it is the duty of the employers to keep an eye on each reimbursement to eliminate fraud which is harmful for an organization. However, it is not always an easy task to eliminate fraud but one can take

Business travel is a necessity for any organization; employees have to travel on different official purposes and they end up creating a large number of expense reports each calendar year. Every business trip has different types of costs involved: meals, rental car, lodging, and miscellaneous expenses. All the receipts supporting

Missing payments from clients is never fun but it somehow seems to find a reason to happen, sometimes because of your own doing. Maybe you didn’t have time to follow up with your client or forgot to send the invoice in time. Or maybe you forgot about the invoice for