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7 Reasons Why Outsourcing Procurement Services is Exactly What Your Business Needs
If you’re in a product-based business, procurement is key to your success. It’d be tough to manufacture all your own parts and materials. In some cases, it might even be impossible. Either way, things run much more smoothly if you […]
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A Closer Look at the Benefits of Payments as a Service Solutions
Digital payments are a big part of the modern business world, especially since the pandemic forced many companies to accelerate their digitization. There’s a demand for faster money transfers, digital payment methods, and payment management systems that employees can use […]
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Here Are 5 Big Advantages to Choosing a BPA Software Suite
Automating your core business processes is one of the best things you can do for your company. With so many benefits from business process automation (BPA), deciding to automate is pretty easy. After making that decision, though, it’s followed by […]
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How To Measure Business Process Automation for Your Company
You’ve no doubt heard there are many benefits to automating your business processes. If you’ve decided to implement business process automation (BPA) in your company, those benefits likely played a role in that decision. When switching to process automation, companies […]
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Here’s How Category Management Solutions Can Improve Procurement In Your Company
The procurement process can get pretty messy, especially as your organization grows. If your company has a lot of orders going through the procurement department, it’s very easy for things to get disorganized. One way to help combat this problem […]
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5 Ways that Business Process Automation Can Support Employee Morale
In recent years, companies are becoming increasingly aware of the important role employee morale plays in a business. According to Forbes and CMS Wire, supporting employee morale boosts company productivity. When employees are satisfied with their jobs and not overworked, […]
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Why You Need User-Friendly T&E Software
In North America, employees and managers miss out on more than $10.7 billion in unclaimed expenses every year. For U.S. employees, the loss averages $390 per employee per year. That’s a lot of money for people to just leave on […]
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Which eProcurement Solution Is Right For My Company?
The majority of CPOs believe having a digital procurement solution is a good idea. Even so, most haven’t implemented eProcurement in their company. If your company is in this situation, you might have put off implementing eProcurement because it seems […]
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What Is The Difference Between Procurement, Purchasing, Sourcing, Purchase Orders, and Requisitions?
As you read about business purchasing and procurement, you’ll start to notice people using several different terms. Words like procurement, purchasing, and sourcing are often used interchangeably. The same goes for the paperwork involved, such as purchase orders and requisitions. […]
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How Is Your Company Doing with 2022’s Top Financial Priorities?
As we entered 2022, things started looking up for the world and for businesses. Yet while businesses started reopening and getting back to normal, they were also still dealing with the effects of the pandemic. Many companies had to move […]
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5 Reasons Why You Should Digitize Documents in 2022
The amount of documentation you have to keep on hand to maintain a good record-keeping system can be daunting. For larger businesses, record keeping often involves off-site storage facilities dedicated to managing documents. For smaller businesses, paper records can quickly […]
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Creating A Purchase Order System For Your Small Business
If you’re running a small business, purchase orders might seem like an unnecessary step that just adds to your paperwork load. Many small businesses don’t even use purchase orders, preferring to rely on invoices from the seller to document orders. […]
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