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P2P
When AP departments are able to process payments quickly and accurately, they not only keep management and vendors happy, they can also garner valuable discounts from their vendors by paying… Read More
More businesses are focusing on ways to increase their profit margins and net incomes. One strategy for accomplishing these goals may surprise some people: Accounts Payable automation. The
… Read MoreMore businesses are automating their Procure-to-Pay (P2P) processes end-to-end to improve visibility and control over cash flow and to help drive corporate growth than ever before. P2P automation is
… Read More
More global trade and commerce is conducted electronically than ever before. At the center of an increasing number of these transactions lies a business network that facilitates commerce between
By Pam Miller
The concept of the “expenditure cycle” has been discussed and studied for many years in textbooks—even though many of us have never heard the term.
At its most basic level, the… Read More
By Pam Miller, APMD
Things are humming along—invoices are being processed as efficiently as possible when, wham, no vendor in the system! Efficiency vanishes when this exception has to be processed… Read MoreIn partnership with finance, today's procurement function is increasingly moving beyond its traditional role of acquiring goods and services at the lowest possible price and leveraging its expertise
… Read MoreFinance organizations that wish to optimize their procure-to-pay (P2P) processes need to focus on achieving “true straight-through processing (STP).” "STP allows invoices to travel from the
… Read MoreOne of the most powerful ways to boost the bottom line is for finance to create a partnership with supply chain, reveals CFO and the supply chain: Partnering for performance, a global survey of 423
… Read MoreBy Mark Brousseau Adoption of procure-to-pay solutions—technology that automates procurement, contract management, accounts payable and spend analysis—is growing as organizations look for ways to
… Read MoreWhat are you waiting for?
