Supplier

[Editor’s Note: Over the next few weeks on Payables Place, we’re publishing some “best of” 2019 articles as we reflect on the year and prepare for the new year ahead.] Cash management is a critically-important piece of the corporate puzzle. For the continued health of the average business, maximizing cash on hand has become a [...]

Cash management is a critically-important piece of the corporate puzzle. For the continued health of the average business, maximizing cash on hand has become a priority, forcing organizations to seek new strategies and solutions that support this need. Supply Chain Finance (“SCF”) is tailor-made to solve this problem, helping to extend days payable outstanding (“DPO”) [...]

Throughout my career, I’ve worked with hundreds of companies looking to automate their Accounts Payable operations. Typically, the organizations are drowning in paper, suffering from manual, time-consuming, costly, error-prone processes with little or no real visibility into outstanding liabilities and limited to no cash management practices in place. When I’ve engaged these organizations they almost [...]

This is really a continuation of the last article which focused on trends & predictions for 2014 around technology in the AP/P2P space. Today, I wanted to continue the discussion by laying out what we have identified to be the hot button issues for AP leaders in 2014. Hot Button Issue #1 – Supplier communication [...]