Your business processes may perform well, however there is always scope for improvement. Strategic decision-making is supported by growing technologies like automation, AI, and data analytics. Many organizations are searching for new ways to streamline competitive benefit and profitability by creating responsive and smarter software environments which primarily focus on
Expense reports include expenditures incurred by a worker on behalf of the organization- whether during the daily course of work or towards corporate travel. Such expenses comprise of business supplies, hotel stays, meals, and travel like local transportation or flights. The traveler should provide proof of their receipt that goes
Due to natural disasters, political issues, or the recent coronavirus pandemic- businesses that run processes that depend mainly on people are at risk of major disruptions. One such process operated in almost all organizations is Accounts Payable. It has been observed that above 65% of organizations have business continuity plans
It has been predicted that companies that fail to streamline vendor data management by the end of 2023 could have wrong information for half of their suppliers. This is significant. Relevant supplier master data is critical for procure-to-pay (P2P) automation, analytics, and accuracy. But connecting data to users and solutions
Corporate travel reimbursements can be frustrating for all involved. Around 38% of employees use their funds for work-related activities, facing financial problems when waiting for payments. Expense reporting has moved from having employees file expenses through the spreadsheet, but automation would eliminate the delays that parties face during the process.
Receiving signatures for contracts can be daunting for any salesperson. Even when customers have approved an agreement, there can still be a long waiting period between the time they say ‘yes’ and the moment they sign the contract. The reason could be that the client misplaced the contract in piles
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