Vendor Management

In order to launch successful procurement initiatives, stabilize cash flow, and create savings, procurement organizations need to understand every facet of the P2P cycle from sourcing to settlement. Top procurement leaders use procurement analysis as part of a comprehensive strategy. It helps answer questions in a streamlined and automated way, which leads to better management […]

Imagine walking into the office on a Monday morning, and your desk is buried in invoices. You spend the next week manually uploading each one. You barely have time for a coffee break because the piles never actually go away. You keep at it because that’s your job, and that’s how your company manages invoices. […]

If you want to grow your fitness company, you need to have a budget; in order to budget, you need to know what you’re spending.

Ask any modern business decision-makers about the essence of trade accounts payable, and you'll soon realize that it's one of the greatest tasks they face. After all, businesses must pay their debts, and they cannot afford to get this wrong. Managing invoices accurately and promptly is almost an art, and it’s the key to maintaining […]

Procure-to-pay (P2P) is the process an organization uses to source, negotiate, purchase and pay for goods and services. A powerful, effective procure-to-pay (P2P) cycle is critical for your business.  As Forbes Councils Member Peter Nesbitt notes, the way companies spend money has changed dramatically over the past several years. Businesses no longer rely on a […]

Are you paying six figures for your procurement solution system and still using emails and spreadsheets to conduct purchases? You’re not alone. Many businesses invest in a procure-to-pay solution, only to be disappointed when procurement inefficiencies like high spend and time delays remain unresolved. Failure to automate and streamline purchase and supply chain systems affects […]