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The Power of Using Metrics To Monitor Capital Expenditure Planning
Making decisions about capital expenditures without having a plan is a recipe for disaster. If you’re going to manage capital projects and stay within budget, you need to set goals and take time for planning. That’s something we can all […]
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5 Painless Steps To Create An Effective Vendor Compliance Policy (And Why You Should Bother)
Maybe you’ve never thought about creating a vendor compliance policy. You place an order, the vendor delivers it. Pretty simple most of the time. You’ve got purchase orders to provide legal documentation if there’s a problem with the order and […]
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4 Reliable Ways To Reduce Small-Business Expenses
Every penny counts when you’re running a small business. Like larger businesses, you want to grow income while keeping costs down. But you need solutions tailored to your business’ size. No matter how small your business is, you can take […]
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Why Would I Automate Accounts Payable If My Current System Works Just Fine?
Here on the NextProcess blog, we spend quite a bit of time talking about how AP automation software can solve big problems in the accounts payable department. But maybe you don’t have huge problems in your AP department. Maybe your […]
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7 Tested Tips For Managing Capital Project Expenses
Large amounts of company money flow through capital project management. From expanding company buildings, to research and development, to machinery purchases, Capital Expenditures (CapEx) account for a large chunk of the annual budget. They’re also notoriously difficult to manage, with […]
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Cut Costs And Save Money By Improving Business Processes
When businesses are looking for ways to save money, the focus is often on cutting back. How can we cut back on supplies used, on employee hours, on how much money we’re spending to run each department? But sometimes, cutting […]
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Learn What Gen Z Employees Can Bring Your Company
It’s hard to believe, but the next generation of workers is already graduating college. While many companies are still figuring out how to best work with Millennials, Generation Z is receiving college degrees and starting their job hunting. Also called […]
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Cloud vs Hardware: How To Store Your Electronic Data
With all the advertising out there pushing companies to take their business processes and data storage onto the cloud, you might think storing your data in-house is quickly becoming obsolete. It’s not so simple as that, though. Depending on your […]
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6 Crucial Questions You Should Ask When Choosing A BPA Software Provider
We know you have many options when looking at business process automation (BPA) software. The more popular BPA systems become, the more companies there are who offer process automation services. So how do you pick which system is right for […]
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3 Ways To Cut Costs With Process Automation
Business process automation is more than a fad. It’s a simple, cost-effective way to optimize your business processes while reducing your spending. It also streamlines things for employees in the automated departments, making automation a win-win for everyone in your […]
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4 Key Areas Where Automation Can Save You Money
Business process automation isn’t just about doing things faster with less employee involvement. It’s also about optimizing your business processes, freeing up employees for more productive tasks, and cutting costs across the board. Here are 4 key areas where automating […]
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5 Great Reasons To Outsource Payment Processing
According to the Aberdeen Group, check printing in North America involves $25 billion in processing costs each year. Most companies spend an average of $10 to process every single check that goes out of their office. The obvious solution […]
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