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Achieving value addition through eProcurement software

Expense Management, Spend Management /

E-procurement software defines metrics for measuring processing time and costs. Effective process management adds value to businesses. Information flow and supply chain visibility help manage the complexities of a fragmented procurement system. Dynamic supply chains add value to business processes. Real-time visibility is an important factor in achieving supply chain agility. Visibility of end-to-end processes […]

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T & E Management - SutiTravel

Expense Report Software – What It Means for Individual Roles – Part Two

Expense Management, Spend Management /

In the last post, we discussed how expense report software helps traveling users and their managers. In this post, we’ll concentrate on senior management and how software makes their lives easier. One of the biggest concerns that senior management have regarding the expense management process, or other process for that matter, is visibility, or rather,

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Electronic Invoicing: Stay Relevant, Stay Profitable

Expense Management, Spend Management /

Businesses are encouraged to stay small till there is want, not need. But the need of the hour is for businesses to remain relevant. In more generic terms, organizations need to remain profitable. Improving cash flow by expediting payments is one way to increase profits. For organizations, generating and tracking invoices is time-consuming.  In addition,

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Expense Report Software – What It Means for Individual Roles – Part One

Expense Management, Spend Management /

When we talk about expense report software and its benefits, we generally look at what the organization as a whole gains from deploying the software. Improved productivity, streamlined workflows, and ROI on the software come up in the context of the organization. But what do the various individuals involved in the process gain from it?

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CRM Software

Procurement Management Software: Track & Control Indirect Spending

Expense Management, Spend Management /

A firm looks to cut spending. They could start by downsizing. Clearly, manpower could be the first place they’d wish to target. Next in line presumably would be capital costs and infrastructure. This is visible expenditure that can be immediately attended to and reduced. What about costs incurred from all the back-end operations? Not just

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Know Where You’re Going, Before You Get Going

Spend Management /

Surveys can be fun, intriguing, and reflective. More importantly, surveys function as casual self-appraisal tools and also help read the mind of the customer. Quick responses are most definitely achieved when surveys are done online. Online survey software helps businesses evaluate existing practices and subsequently make room for change. Inside the mind of the customer

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CRM Software Helps Map your Consumer Demographic

CRM, Spend Management /

Demographic profiling is an essential exercise that must be done when promoting products and services. Rationalizing segments of the overall population will help businesses narrow down on their target audience. Online CRM software helps filter through different types of demographics related to age, gender, and income levels to give vendors a clear cut picture of

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Expense Management Software

Introducing Lean Management to Traditional Businesses through Automation

Expense Management, Spend Management /

The fundamental aim of automation is to streamline existing business processes by eliminating waste. A considerable portion of managerial duties involve monitoring the cash flow to and from an organization. The traditional expense management route called for investing considerably in manpower and time.  A separate department needed to be set up to maintain the accounts

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E-Signatures and the Law

eSignature Platform, Spend Management /

Electronic signatures are paving the way for secure business transactions. Commercial engagements are proving to be more secure than ever due to the high level of integrity and trust placed on E-signatures. Apart from the fact that transaction times have reduced considerably and mobilization in all matters of deal-making has reached peak speeds, e-signatures are

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