Automation is appealing in any industry. In fact, a recent OECD study(1) showed that at least 14 percent of all jobs are currently capable of being automated, with plenty more on the way. One of the nearly universal places to start implanting automation is with procurement management. When considering the inevitable time lost to filing,…
The Supply Channel is an organizations ‘life-blood’, and therefore the nature of Supplier Relationship is a huge determinant of the business’ chances to succeed. The output of the organization is, largely, dependent on the input, which is availed by the supplier. A business establishment ought to, therefore, put a great deal of effort in maintaining…
Sean Brown, IT Manager at Somero Enterprises presents Data-Driven Approval Routing and Workflow Download the session Presentation….click here Learn how Somero Enterprises uses the iApprove® Data-Driven Approval Routing and Workflow solution, which is seamlessly integrated with QAD EA, to manage transactions such as Sales Quotes, Machine Deviations and HR forms. New for 2020…. ISS Group…
It’s that time of year again….! Data-Driven Approval Routing and Workflow for QAD Users Mark your calendars for MWUG’s Spring 2019 Conference, scheduled for September 22-24, 2019, at the beautiful new Renaissance Westerville in Columbus, OH. Case Study session: Presented by Sean Brown, IT Manger at Somero Enterprises, on Tuesday, September 24th, 8:30 AM. Download…
Upgrading procurement departments with innovative cloud solutions is a growing trend among modern enterprises; streamlining the approval process for procurement-related documents is a big reason why. In an effort to explain, let’s examine how dynamic approval routing significantly improves procurement processes. P2P Software Market Growth Gartner shares some interesting details: The procure-to-pay suite market…
Expanding you market reach with Digital Procurement While most modern B2B businesses are focusing on using digital technology to automate production, distribution, and client management processes, their procurement processes often remain stuck in analog mode. The immediate benefits of digitizing P2P processes, or digital procurement, may be harder to quantify than upgrading an assembly line…
Manufacturing companies that operate their Procure-to-Pay (P2P) processes so that Supplier Relationships are collaborative, data-driven, strategic alliances improve client quote generation. They are lean, strong, agile supplier relationships that aren’t siloed to strict, expensive parameters. They develop with trust and time through transformative iterations that eliminate unnecessary processes, so your quotes aren’t ambiguous and give…
Maverick spend doesn’t promote efficient Procure-to-Pay processes or strategic supplier relationships since it takes purchasing outside the realm of your company’s e-procurement system. It doesn’t promote contractual compliance and it undermines trust and transparency. Whether you call it maverick, indirect, rogue or tail spend, “it’s the same challenge and leads to the same results–wasted money…
Manufacturing companies that operate their Procure-to-Pay (P2P) processes so that Supplier Relationships are collaborative, data-driven, strategic alliances improve client quote generation. They are lean, strong, agile supplier relationships that aren’t siloed to strict, expensive parameters. They develop with trust and time through trans-formative iterations that eliminate unnecessary processes so your quotes aren’t ambiguous and give…
Traditional Procure-to-Pay (P2P) architecture based on both paper documents and Enterprise Resource Planning (ERP) systems attempt to streamline workflows by digitizing the procurement process. This often results in unnecessary complexity as fragmented data isn’t efficiently integrated into those company P2P workflows, limiting data analytics and employee confidence in managing exceptions. This isn’t particularly conducive to…
