Category: Spend Management
In most companies, Accounts Payable (AP) and procurement teams work independently from one another for most of their respective tasks. The departments perform their business under different policies and …
Being a business leader, you have to purchase things to run the organization. Many suppliers and providers send invoices when you buy from them. Not handling invoices could lead …
Many companies are seeking to invest in helpdesk software to automate their support processes and enhance overall customers’ experience. A helpdesk solution can have huge benefits for any business …
Many organizations are still processing invoices manually by having their AP personnel key invoices into the accounting software. Manual methods are labor-intensive and error-prone, needing full attention to process …
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 …
It is relatively easy to think of AP as nothing more than the team where money leaves your organization to pay for goods/services. On the surface, this might not …
Procurement plays a crucial role in an organization due to the major influence it has on the overall cost of the business. Most organizations still use spreadsheets to manage …
Today, as more businesses implement work from home policies to protect the health of employees, a few essential changes are needed to be made. A robust travel and expense …
AP automation can enhance processes to improve productivity and save money. But, unfortunately, it’s not as easy as selecting any workflow automation system and utilize it. For the best …
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 …