May242018

How Lean, Agile Supplier Relationships Improve collaborative Client Quote Generation

Client Quotes, News, Procure to Pay, Supplier Relationship

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…

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Oct92017
P2P Automation

Automation for Every Step of the Procure-to-Pay Process

AP Automation, News, Procure to Pay

Automation for Every Step of the Procure-to-Pay Process Adapting your organization to the modern business climate means automating and integrating your work flow. Automation saves valuable hours of manual work and lowers the cost of production for companies. Integration makes insight-rich information more readily available for making informed business decisions. That’s the accepted theory that’s behind the ongoing mass-migration to cloud-based,…

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Electronic Procurement: The First Step in Digitizing the Procure-to-Pay Process – Part 3

News, Process Digitization

In today’s world, ‘Innovation’ is the key to success…! What does a developer and manufacturer of advanced lithium-ion batteries and energy storage systems for transportation and other commercial and industrial applications, and a manufacturer of catheters and scaffolding material to treat hernias and vaginal prolapses have in common…??? Both knew that it was essential, and no longer…

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Agile BPI / Controlling Maverick Spend through Supplier Compliance

News, Process Digitization, Product News

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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