Procure 2 Pay

P2P Connect > Procure 2 Pay (Page 4)

Integrating with a Supplier Network can be the key to unlocking the highest ROI from your financial automation tools. Nowadays; many organizations are looking for new ways to benefit from their supplier relationship through reduction of costs and prioritizing saving objectives. However, the key to successful improvement of supplier relationships should not be limited to these financial components....

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Vendor Portal Security

As the demand for secure, SaaS-based, Vendor Portals increases so too do the concerns about Vendor Portal SaaS Security. These concerns are not limited to Vendor Portal applications they are more ubiquitous across all on-demand solutions.   One of the major advantages of a SaaS-based Vendor Portal application is that it can be accessed virtually from anyplace at any time, as long as you have Internet connectivity. However,...

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Reverse Factoring Supply Chain Financing

Reverse Factoring is a form of receivable financing in trade finance whereby a buyer arranges for the financing of invoices raised on him by a supplier. Reverse Factoring is very similar to traditional factoring with the noticeable difference of the buyer being the arranger of the facility rather than the supplier as in traditional factoring. This feature does have some impact on risk, pricing, adaptability...

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Ten Tips for Encouraging Supplier Innovation

Ten Tips for Encouraging Supplier Innovations - Nowadays, more and more organizations are reaching to their suppliers to encourage the innovation process in order to improve their own business models, services, and products that they offer the end customers. Here are some invaluable tips to help you maximize the supplier innovation potential for your business. It has become pretty much obvious that innovation is the...

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Basic Tips for Supply Chain Optimization

Basic Tips for Supply Chain Optimization. Keeping a track of your orders from the moment you initially contacted the suppliers through the point of delivery can be quite a challenge for any organization. It comes without saying that creating purchase orders and sharing them with the suppliers from one centralized place directly and efficiency is essential for managing a successful Procure-to-pay operation....

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