Inaccurate Vendor Data Can Make Critical Corporate Initiatives Seem Foggy. From procure-to-pay, supplier diversity and tax compliance to strategic sourcing and social responsibility, vendor data touches multiple processes and can have a dramatic impact on priorities throughout an organization. Without current, accurate vendor data, a long list of corporate initiatives can be rendered unmanageable or even impossible to execute....
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Six Reasons Why You Need AP Help Desk Solution The Performance of your Accounts Payable department has a profound and direct impact on the status of your company’s profitability and finances. To maximize efficiency in Accounts Payable, you need to have seamless communication with all of your suppliers and internal stakeholders. Depending on the size of your enterprise there may be a tens-of-thousands of transactions requiring payments...
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Supplier Adoption – Maximize the ROI of Your eInvoicing Supplier Adoption complications are very typical business scenarios for most on-demand functional system. For months, your company has recognized the need for a new invoicing system....
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Your Supplier Database contains the data that is the foundation of most of your day-to-day purchasing decisions. Regular scrubbing is not only a best practice, but it is a necessary process if you hope to optimize your core enterprise functions. There’s plenty of room for improvements in this field. Without any exaggeration, we can freely claim that almost each and any supplier database comes with...
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SaaS based Supplier Portal Software Requirements. Almost all the modern businesses around the world pay significant attention to SaaS based supplier portal software solutions. In fact, when used correctly, supplier portal software is capable of delivering enormous productivity. However, if a particular business or an organization intends to utilize such a system, it is compulsory for them to have a good awareness of IT....
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Cloud-Based Vendor Portals pricing models explored. With the development of the modern IT industry, people have a plethora of options when they search for software solutions for their businesses. Unlike a few years ago, you do not need to stick to licensed software; but can think of Software as a Service (AKA SaaS) in the industry....
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ERP upgrades can be an expensive, challenging and inflexible. One System to manage all Enterprise Resource Planning has been an intriguing concept the world over. Just the whisper of ERP upgrades grabs the attention of both IT and finance executives everywhere....
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Good Internal Controls – The Core of Supplier Onboarding. Both in the Accounts Payable and Procurements departments will usually result from good controls throughout the organization....
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Supplier Self Service Portals – 5 Reasons Your Business Should Embrace the Future. Supplier Self Service Portals are quickly becoming a necessary component of business. Nowadays, corporations are under tremendous pressure to increase the amount of supplier and customer service support they deliver without increasing the size of their teams. Though this sounds like a true mission-impossible scenario, there are some new tools that can...
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Successful Supplier Onboarding is an important element in your P2P process automation efforts. Supplier Onboarding providers always speak about using the state-of-the-art supplier onboarding tools to gather information from suppliers, but all of the expensive deployments can be in vain if your vendors fail to jump onboard with the new process....
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