The Sunny Side of Cloud-based AP
Having your “head in the clouds” means different things to different people. If you’re managing the finance department within your organization, having your head in the cloud is the smart way to...
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Paper – The Source of Inefficiencies
Think of how many times you’ve gone through your wallet looking for a receipt, or misplaced a receipt you needed to check against your credit card statement. Now multiply that exponentially, and you...
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Straight Through Processing Streamlines AP
Streamlining AP processes is as easy as 1-, 2-, 3-way matching with Straight Through Processing Automation for matching POs with receipt of goods has been around for a while. The barrier to full AP...
View ArticleExploring the New World of Financial Process Automation
Why are we starting this blog? Because the world is changing, and if you’re like most companies today, a quick response to any situation is expected. But accuracy and efficiency should never be...
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Matrix or Silo: What’s the Best Way to Manage the Purchase to Pay Process?
Success in implementing Procure to Pay depends on breaking down company silos. Last month, a post on purchasinginsight.com discussed the disconnect that occurs between accounts payable and procurement...
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How Mature Is Your AP’s Purchase to Pay Process?
The latest PayStream Advisors benchmarking report on e-invoicing discusses what this process means for Purchase to Pay automation. PayStream Advisors recently released their seventh annual benchmarking...
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Purchase-to-Pay Technology in Retail: Benefits Beyond Automation
As global commerce grew, retailers were among the first adopters of purchase-to-pay technology. We recently published an article discussing the value of e-invoicing and automation in retail. The...
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Finance Breaks Out of Its Traditional Role
Complexity has forced companies to break down silos and expand the functions of finance teams. In today’s fast-moving, increasingly complex business environment, the traditional separation of functions...
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Finance Jobs Are Out There, But Who Will Fill Them?
People need jobs; companies have job openings. So what’s the problem? We keep hearing that there are no jobs. But that’s not really the whole story. The fact is there are jobs out there. There are...
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5 Disruptive Trends that Could Make or Break Your Business
Change is happening at lightning speed, especially for businesses. Here are the five major trends that will make the phrase “business as usual” obsolete. Disruptive innovation…business disruption…you...
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