Category: Spend Management
Businesses have followed paper-based methods for a long time while transacting with vendors. But the approach can be full of issues. Multiple AP teams need to wait for invoices …
The procurement role within organizations has been viewed as a critical but static business layer for many years. Explicitly focusing on minimizing vendor expenses and boosting business spending visibility …
Business travel management has become more challenging after the recent pandemic. COVID-19 has significantly changed the corporate travel landscape, bringing in new difficulties and unknowns while the usual demands …
For most organizations, expense management is a complex task, similar to other chores like payroll, benefits, and annual tax submission. The other primary concern is the hidden cost of …
The procurement function has a wealth of data which can be used to enhance the performance of the entire process. Most businesses don’t have the proper tools to capture …
Building a business in the digital era means keeping pace with the latest tech and software solutions. Technology platforms move fast with the emergence of new ones. So, when …
With advancements in technology, operating systems, hardware, and software have all undergone a massive evolution. Most big organizations are optimizing the use of updated tools and techniques in order …
One of the buzzwords in the business sectors, AI, is often used as an umbrella term for unfolding technology stimulating human intelligence. Artificial intelligence is now readily available in …
Organizations are adopting the latest and innovative ways to digitize their procurement processes and unlock new development opportunities. As purchasing transitions to digital, the main focus of organizations shifts …
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 …
