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Going Green With Paperless Procurement
As society pushes the modern business world toward sustainable practices, the “bottom line” becomes about more than just finances. The green movement encourages companies to take social and environmental factors into consideration in addition to economic concerns. In the long-term, […]
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The Evolution of the Full Stack CFO
Chief Financial Officer has never been an easy job. To be truly successful, they have to be able to look at the company’s past, present, and future at the same time with different goals and strategies. The Full Stack CFO […]
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How To Make The Most of Company Money With AP Automation
Everyone’s looking for a way to save money without compromising on quality. It’s often a challenge, but in the AP Department, you can actually cut costs while also improving your process. By upgrading from a paper-based to an automated electronic […]
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How To Expense Data Storage as OpEx
If you’d rather handle digital data storage as an operational expense than as a capital expenditure, it’s time to outsource your data storage. Whether you lease servers or purchase cloud storage, handling data storage as Opex can be a good […]
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5 Reasons Excel Is Terrible For Your Business
Businesses saw Excel as a solution for easy data management back when it first hit the market. Today, it’s still used for tasks such as scheduling, basic accounting, tracking sales, and compiling customer data. But many businesses also use Excel […]
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Don’t Overlook The Crucial Role AP Plays In Saving Money
Even though the accounts payable (AP) department governs money leaving your company, it’s one of the best places to save money. A smoothly-functioning AP department doesn’t lose money to late fees, has a low processing cost-per-invoice, streamlines your payment information, […]
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How to Leverage Automation to Kickstart Six Sigma Principles in your Business
Evaluating your business for efficacy brings up some important questions about how you can streamline processes. Improving the way your company functions on the back end will lead to greater gains across the board. Six Sigma is a huge part […]
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Five Procure-to-Pay Project Success Tips
Any attempt at process overhaul is full with potential issues and trying to encompass a huge scope of financial functions in a streamlined software platform can be downright overwhelming. It’s well worth the undertaking, as it helps stave off process […]
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3 Eye-Opening Questions You Need to be Asking About Your Spreadsheets
Studies agree – about 88 percent of Excel spreadsheets contain significant errors. If your company is still using spreadsheets for financial data processing, there’s a very good chance most of your spreadsheets contain errors that are affecting your company. While […]
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Expense Report Audits for Growing Businesses
For small to mid-size businesses, having an entire department, or even a single employee, devoted to travel and expense management might seem unnecessary. When employees are dealing with T&E on top of all their other work, though, it’s easy for […]
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How AP Automation Saves Money
Justifying new investments is a valid concern. You don’t want to purchase a new software program only to find it’s less cost-effective than your current solution. For accounts payable software, though, the advantages far outweigh the cost and automation is […]
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Utilizing T&E Technology with Millennial Employees
Aberdeen Group’s report “Young & Talented But Lazy? Not So Fast – Millennials are the Real Deal” predicts that by the year 2025 the millennial generation will comprise nearly 75% of the global workforce. Understanding this generation’s priorities is key […]
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