Optimize Your Company with These Simple Strategies Procure to Pay (P2P) is an organization’s way of ensuring it remains fully supplied and operational so that it can function. Your business needs every edge it can get to stay competitive. And perhaps one of the most overlooked areas that can grow revenue while enhancing the customer […]
How Any Size Business Should Approach Procure to Pay The more components in the system, the greater the chance for something to go wrong. And as any company grows in size, the need for streamlined procure to payment processes grows with it. Numerous employees, various departments, and a wide range of requirements exponentially increase the […]
How a VAR Supports Business Process Management When a billion-dollar business fails, the reaction is often shocking. More so when you run your own company. After all, if giants like IBM, Kodak, and JCPenny can slip and fall, how can SMEs manage to last the ages? The key is to stay relevant… Change is the […]
How to Reduce Waste and Deliver on Customer Expectations 75 percent of all data loss is from human error. That’s far beyond an “oopsie!” With GDPR in full swing and other countries looking to strengthen how they manage data, companies need better solutions. But this goes beyond data. In 2017, a study found that supply […]
Procure to Pay system handles the order/requisitioning of goods and services, procurement/purchasing of said goods and services, the receipt of, payment for, and eventual accounting reconciliation of the financial transactions involved through that lifecycle.