ERP systems play a vital role in the enhancement of a business’s back office functions related to technology, human resources, marketing, manufacturing, finances, and much more. Many companies are realizing that the functionality of these processes can be further enriched by integrating their ERP software with automated (processes and systems largely operated by technology) solutions…
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,…
In today’s hyper-competitive business space, finding ways to cut down on waste while improving throughput is a critical component of remaining competitive. As companies continue to adopt lean principles and agile project management methodologies, the battle against revenue leakage has become a focal point of many companies’ goals in 2020. In this war against waste,…
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…
Procurement Budget: Budgeting, while many times painful, is among the most important aspects of an organization(1). In the past, the procurement department was not included in the budget-making process. It was not represented in organization-wide budget meetings. The role of procurement in budgeting was relegated to direct acquisition. However, currently, things are changing, and procurement…
As the operator or purchasing manager of a business, it is your responsibility to forge solid vendor relationships. Whether you have worked with a supplier for decades or are in the initial stages of building a relationship, there is always room for improvement in the vendor relations arena. Below are five strategies to help you…
Many businesses strive to maintain good relationships with customers, however unfortunately forget their supplier relationships. They neglect suppliers and do not bother to establish good relations with them. Suppliers are a fundamental part of your enterprise that you should not overlook. Developing a great supplier relationship is a crucial part of business survival and success.…
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…
