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How Important Is it To Store Business Data Electronically? Plus The Top 6 Reasons You Need To Digitize Data Storage
Data storage is a key component of a successful business. Accounts payable, expense reporting, and other departments generate a ton of paperwork. How you store all this information from your company’s everyday business processes affects your entire company. As you’re […]
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7 Best Practices That Impact Accounts Payable Automation
All around the world, mistakes happen in accounts payable departments every day. We’re all human; we make mistakes and it’s not the end of the world. But sometimes, errors can be costly. Since the accounts payable department handles money leaving […]
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Here’s What You Should Know About Sustainable Procurement in 2022
Sustainable business practices are a hot trend in today’s world. Social and environmental sustainability are near the top of many companies’ goals, particularly those companies located in nations that have pledged to reduce their carbon footprint and greenhouse gas emissions. […]
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Your Essential Guide To Implementing Paperless Accounts Payable
You’ve probably heard or read about the benefits of having a paperless invoice processing system. But there’s so much paper in the accounts payable (AP) department right now that going paperless can seem like an impossible goal. Paper invoices, paper […]
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The Pros and Cons of Outsourcing Your Accounts Payable
Each day, the business world gets more competitive. In such an environment, your company needs a way to improve your services and stand out from the competition while also cutting costs. Outsourcing accounts payable is a viable solution for companies […]
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Traditional ERP Can’t Solve Everything. Here’s What Else You Need To Make It Work
We often talk about ways that companies still using a manual system can transition to a digital platform. But what if your company automated years ago with traditional Enterprise Resource Planning (ERP) software? Is there any reason for you to […]
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Solving the Payables Paper Problem in 2022
Paper is fast losing its status as a key part of the payables process. From the sudden spread of email years ago to the modern surge of green initiatives, everyone’s been talking about new ways to use less paper and […]
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How To Get Your Accounts Payable Process Ready For 2022
The way companies do business has changed dramatically since the beginning of 2020 two years ago. More employees are working from home, business travel was disrupted, companies in all industries are dealing with supply chain issues, and it looks like […]
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This Is The Difference Between A Punch Out Catalog And An Item Catalog (Plus 5 Reasons Why You need Both)
Purchase order and procurement software promise big rewards. It’s supposed to make the entire procurement process easy while also giving you the tools you need to track purchases effectively. Unfortunately, companies find all too often that purchase order systems aren’t […]
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How Automated Expense Reporting Makes T&E Easier for Everyone in 2022
Even though the pandemic cut down on business travel, it didn’t get rid of the need for employees to submit expense reports. If you’re like many companies, you may have needed to revise your expense policies to cover work-from-home expenses. […]
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How A Strategy from the Automotive Industry Can Help with Supply Chain Issues
Since 2020, businesses in every industry have had to contend with supply chain disruptions. It’s harder and harder to guarantee that your suppliers will be able to fill your orders. And if they can fill orders, there are often delays […]
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Don’t Let Internal Software Lag
Customer-facing software gets all the attention. Companies pour seemingly endless time and money into the user experience of their websites and applications. This makes a lot of sense. Companies should be eager to jump on newer trends for consumers. You […]
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