Return-On-Investment: AP Solution
determining the return on investment (ROI) of a new AP solution can be complex. In this blog, we’ll explore the steps to effectively calculate the ROI when evaluating a new AP solution.
Read FullPO vs. Non-PO Procurement: Pros and Cons
Procurement processes are the backbone of any organization’s operations, ensuring that goods and services are acquired efficiently and effectively. Two common methods of procurement are Purchase Order (PO) and Non-Purchase Order (Non-PO) systems. Each method has its own set of advantages and disadvantages, which can significantly impact a company’s bottom line and overall efficiency. In this blog, we’ll delve into the pros and cons of both PO and Non-PO procurement to help businesses make informed decisions about which approach best suits their needs.
Read FullAI’s Role in Automating PO Delivery & Updates
Simplifying the procurement process In the fast-paced environment of procurement and sourcing, efficiency is paramount. Every process must be optimized to ensure smooth operations and timely deliveries. Among the many processes involved, purchase order (PO) delivery and updates play a critical role. Traditionally, these tasks have been labor-intensive, prone to errors, and often delayed. However, […]
Read FullWorkflow Options in Back-Office Automation
March 11, 2024
All workflow solutions are not created equal. Rules-based workflows and ad hoc workflows represent two different approaches to managing processes within an organization. Understanding the goals of the business process(es) that will be utilizing a workflow solution is key to making a good decision. In this blog we will address some of the high-level features […]
Read FullChange Management in Automation
A major factor in successful back-office automation initiatives Change management is crucial in the context of back-office automation for several reasons: Overall, effective change management is essential for the successful implementation of back-office automation. Without proper planning and communication for the changes automation will bring (real & perceived), automation projects may stall or even ultimately […]
Read FullIs Your Company Prepared for Economic Growth?
February 26, 2024
Back-office efficiency and flexibility is a lynch pin! The economy appears to be entering a period of substantial economic growth. Stabilizing inflation and lower interest rates are seen as signs of future accelerated growth. In times of economic growth the spotlight often shines on the forefront of businesses – the customer-facing interactions, products, and initiatives. […]
Read FullPurchasing Technology-Based Solutions
Conducting thorough due diligence, and presenting clearly defined business and technical requirements, you can navigate the complex landscape of technology-based solutions with confidence. Remember that the right investment today can empower your business to thrive and succeed in the digital age.
Read FullChoices: Solutions Provider vs. Software Company
Making the right choice for your company, culture and requirements! In the realm of technology-driven business solutions, two entities emerge as key players: the solutions provider and the software company. While both strive to address client needs and drive innovation, they operate with distinctly different approaches and priorities. Understanding the differences between these entities is […]
Read FullStreamlining Vendor Packet Processes
January 23, 2024
Traditionally, constructing and delivering vendor packets involved a manual, time-consuming process. This often included gathering various documents, such as contracts, certificates, and contact information, and then assembling them into a comprehensive packet.
Read FullAutomation in C-Stores & Travel Stops
January 16, 2024
Automating back-office processes can deliver big savings! Back-office automation in convenience stores and travel stops can offer numerous significant benefits including enhancing overall operational efficiency, customer service, and profitability. Here are some key advantages available by automating back-office functions: Implementing back-office automation in convenience stores and travel stops allows businesses to operate more efficiently, reduce […]
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