Cash Management

The procure-to-pay (P2P) process is growing in importance within many enterprises as we’ve noted in many articles including here and here. As with any business process, optimization is key to creating value throughout the process. Within P2P, I believe that the main drivers of optimization include: Efficiency – from a cost, productivity, resource allocation and [...]

Optimizing working capital has been discussed a lot recently in the AP and P2P space and has often been promoted or marketed as a benefit to automating the invoice and payment process. Yes, there is truth to that but the execution of it comes down to the capabilities provided by the solution, and the availability [...]

How can AP impact working capital? Well, in many cases, in an effort to improve working capital positions enterprises will decide to withhold payments and aggressively push for extended terms. However, there is a danger that this can become a standard practice which can harm supplier relationships and potentially disrupt the buying organization’s business operations. [...]

Today’s article is a brief snippet of a report that Ardent Partners completed for Concur entitled –The SMB of the Future: Start Fast, Then Accelerate For an entire generation, technology has had an extraordinary impact on the lives of countless millions in the home and office. At home, technology and access to the internet have [...]