Expense Management

Getting the Best Out of Reverse Auction

In an earlier post, we told you about reverse auctions and how they help an organization choose their suppliers. In this post, we’ll look at some ways how your organization can get the best out of a reverse auction. Do you need one? Before you follow the general trend and

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Expense Management

How Online Procurement Software Improves Supplier Management

Effective supplier management is one of the bedrocks of an efficient supply chain. Every organization, regardless of the service or product it offers, has to procure raw materials from its suppliers who could number from one to, in the cases of manufacturing or pharmaceutical companies, several hundreds or thousands. Supplier

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Electronic Signature Software
Expense Management

Are You Inspecting Your Employees’ Expense Reports Carefully?

It’s an age-old practice that will never go away. Salespeople have to travel and their company has to reimburse them. This reimbursement is largely based on the expense reports that the employees submit and the receipts they attach to validate their expenses. In some cases, employees may unintentionally send duplicate

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