Category: Procure to Pay

How to Reduce Procurement Process Inefficiencies

The Future of E-Procurement in Business The procurement process (P2P) plays an increasingly vital role in business. We live in an era of tightening budgets and increasing demands. To survive, companies need to remain competitive while continuously innovating, no matter their size. This means they need any added edge they can get. Fortunately, e-procurement provides […]
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The Top 5 Procurement Software for Your Business

The push to digitize has businesses strategizing how they can further reduce costs while boosting overall efficiency. As a result, there are many incoming procurement trends on the horizon. If you want to give your business the advantage, you don’t need to look further than your procurement process. Procurement is no longer a menial task […]
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Artificial Intelligence’s Impact on Procurement

Enterprise Doubles Down on the Benefits of Artifical Intelligence  Science Daily defines Artificial Intelligence as “a system that perceives its environment and takes actions which maximizes its chances of success.” Essentially, it’s software that can look at vast amounts of data and instantaneously choose the best actions to take. And that is is why over […]
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5 Procurement to Payment Trends on the Horizon

Weak procurement processes are like slow leaks in the haul of a speeding sailboat. While they may not seem troubling at first, they can slow your business down. And in this age of digitization, they can even cost you the race. As competition continues to increase, successful businesses cannot afford to overlook the power workflow […]
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