QAD Users: Digital Transformation and the Procure to Pay Process

In this new age of Digital Transformation, organizations today understand the importance of a seamless Procure to Pay process. This process governs how an organization fulfills its day to day needs from suppliers, supported by easy-to-use requisition/ordering systems, approval workflows and reimbursement systems. It ‘closes the procurement loop’ as it enhances compliance to procurement contracts…

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Agile BPI / How do you solve business process problems in your organization?

Talk to us…! At ISS Group we recognized the need for Business Process Improvement (BPI) solutions over two decades ago, and today, ISS Group ‘specializes‘ in delivering to the QAD EA community Agile BPI solutions. Over the past few months you may have seen our posts on LinkedIn or performed a search on Google (see below), as we’ve…

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Agile BPI / Does Maverick Spend Undermine your Indirect Spend ? Part II

In Part I of this series, “Does Maverick Spend Undermine your Indirect Spend“, we discussed how being a maverick can sometimes be good in business, but ‘not’ when it comes to procurement. Maverick spending is a major challenge for finance professionals, with recent studies showing that, on average, one-third of all purchases in organizations are…

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Agile BPI / Does Maverick Spend Undermine your Indirect Spend…? Part I

How does a Maverick affect your organizations bottom line?   Being a maverick can sometimes be good in business, but not when it comes to procurement. Maverick spending is a major challenge for finance professionals, with recent studies showing that, on average, one-third of all purchases; specifically Indirect Spend within organizations are made without the…

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Agile BPI / Controlling Maverick Spend through Supplier Compliance

In past blog entries related to Maverick Spend, we’ve really only discussed spend compliance and process compliance from an internal viewpoint, but suppliers (Supplier Compliance) are also part of the equation. When buyers use spend analytics to identify non-compliance, many root causes tie back to suppliers, such as: incorrect catalog/PO pricing relative to contracts incorrect…

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Agile BPI / QAD EA: Unmanaged Spend has created a Crisis

The challenge: Unmanaged Spend The Gartner Group states that ‘Maverick Spend’, or uncontrolled spend…at times referred to as Tail Spend, often falls below the radar of enterprise procurement policies because the transactions that constitute it are relatively small. Yet, cumulatively, these maverick transactions form a substantial sum. In many cases, enterprises are spending more in…

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