Best Practices Archives - Page 38 of 44

The Future of Travel and Expense Management: The Visibility Quotient

By Christopher Dwyer December 24, 2014Best Practices, ProcessNo Comments

Editor’s note: Payables Place is excited to kick off a new series of articles focused on the travel and expense management function that will help enterprises, regardless of size or…

What Does “Big Data” Mean for the CFO?

By Christopher Dwyer December 22, 2014Best PracticesNo Comments

The realm of “visibility” is a complicated one for many enterprises as they attempt to drive a full picture of various aspects of their respective organizations. The pressure of business…

An Early Payment Discount Example to Sink Your Teeth Into

By Andrew Bartolini December 19, 2014Best Practices, TechnologyNo Comments

Enterprises around the world want to maximize working capital for a variety of reasons, not least of which includes freeing up cash from operations in order to hire new employees,…

Where Can Travel and Expense Go? (Part II)

By Christopher Dwyer December 17, 2014Best Practices, TechnologyNo Comments

On Monday, we published the first article in this brief, two part series exploring the value proposition of travel and expense management. Click here to check it out. To recap, we discussed that:…

Where Can Travel and Expense Management Go? (Part I)

By Christopher Dwyer December 15, 2014Best Practices, TechnologyNo Comments

It was sometime in mid-2009 that I first heard the following phrase: “We’re looking at travel and expense as being more strategic here internally.” It was uttered by a CFO at…

An Intro to Marketing and Print Spend Management

By Christopher Dwyer December 10, 2014Best PracticesNo Comments

There are many reasons why “complex spend management” (sometimes called complex category management or services procurement) has been the focus of my professional career and why Payables Place (and sister-site…

Five Important Advantages of Purchasing Cards

By Andrew Bartolini December 8, 2014Best Practices, Solutions, TechnologyNo Comments

Purchasing cards (“p-cards”) have been around long enough to become a ubiquitous facet of a majority of enterprises. Generally strong when it comes to high-volume, low-dollar-value transactions and also utilized…

What is a Purchasing Card?

By Andrew Bartolini December 5, 2014Best Practices, TechnologyNo Comments

No matter the size of the enterprise, the accounts payable team tends to be deluged with paper. Mostly in the form of invoices and/or paper checks sent to suppliers. In…

6 Steps to Effective Supplier Onboarding with Virtual Payment Cards

By Andrew Bartolini December 3, 2014Best Practices, TechnologyNo Comments

Technology implementations are never easy. There could be unforeseen integration issues with back-end systems or perhaps more customization is required than originally thought. In the P2P world, one of the…

Why Haven’t ePayments Completely Replaced Paper Checks?

By Andrew Bartolini December 1, 2014Best Practices, Solutions, TechnologyNo Comments

Electronic payments offer many advantages over paying with paper check. Ardent Partners research has shown that, no matter the payment method (i.e., ACH, wire, card, networks, etc.), ePayments cost up…