Category: Spend Management
As we move closer to the year ending, it’s natural to start considering new objectives for the year ahead. Whether they are business goals or personal, we all struggle …
Enterprises can enhance their productivity and profitability with effective procurement processes. With strategic outsourcing, continuous improvement, and smart spending management, the procurement department can help the procurement process be …
In today’s technologically driven digital world, most enterprises are investing in expense management solutions to automate their business processes and enhance overall productivity. With an average of $1.3 trillion …
Whether a startup or a large enterprise, every penny counts in any kind of business. You must keep track of company expenses in order to control the finances and …
For many employees, corporate travel has become a significant part of life. Today, more than 45% of organizations have a labor force that travels at least one week per …
It’s imperative for enterprises to track all financial data effectively in order to enhance business productivity. But, managing financial transactions with the age-old traditional processes is obscure, slow, and …
According to many accounts payable (AP) managers, AP processing is among the most cumbersome and time-consuming processes in accounting. With more than 45% of B2B payments still being manually …
Today, many aspects can go wrong with a typical company’s audit spending procedures. Auditing supplier invoices manually with employee expense reports are tedious and time-consuming. Several organizations canceled conducting …
The Procure-to-Pay (P2P) process has gained a lot of importance over the past few years. CPOs, as well as CFOs, are continuously searching for new ways to minimize expenses …
Accounts payable tasks can turn out to be time-consuming and ineffective in financial processes without automation. Today, many AP departments still need to key-in invoice data manually. They are …
