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Do You Need To Change The Way You Approach Cash Flow To Avoid Shipwrecking Your Company?
When you’re navigating the stream of cash flowing in and out of your business, it’s easy to run into problems. Cash flow issues plague companies of all sizes and eat away at the bottom line. But they’re not inevitable. And […]
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How To Avoid the Most Common Mistakes That Companies Make When Implementing New e-Procurement Software
Do you want a procurement solution that only half-works? Or that fails entirely after you’ve poured money into it? Of course not! But unfortunately, that’s what a large percentage of companies end up with when they try to implement an […]
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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 Traits That Make Millennials A Perfect Fit For Procurement Automation Software
Experts estimate that millennials will make up half the workforce by the year 2020. This is can be a terrifying prospect for hiring managers, who’ve heard that millennials are entitled, lazy, and refuse to stay in a job for more […]
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How To Combine Purchasing, Invoice, and Payment Automation
You’ve heard about the benefits of AP automation and how it streamlines invoice processing to save time and money. But did you know automation can also help with the processes that come before and after receiving an invoice? Purchasing automation […]
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3 Deadly Purchasing Pitfalls to Avoid
When looking at the procure to pay process of a company, a lot of companies will focus on the payment side of the equation. Accounts payable and cash flow are both definitely important. However, purchasing is a critically relevant department that […]
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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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