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ICG in Vendor Management Article

The Institute of Financial Operations (IFO) publication FinancialOps latest edition has a feature article on Vendor Management.  The article comprises interviews and information into how companies view and approach vendor management as well as tools to assist organizations in those activities, such as vendor portals, sourcing portals, vendor on-boarding and maintenance systems and AP/transaction processing automation to name […]

Posted: January 20, 2014 | Permalink

Is Technology Transforming AP?

For those of us who have been involved in AP in one capacity or another for many years, we have seen technology play a big role.  Moving from the old “green screen” financial systems AP had to work in (and believe it or not they are still around) and complicated workflow applications to more user […]

Posted: November 18, 2013 | Permalink

Vendor Management- What is it?

We have encountered a lot of discussion lately about vendor management.  Indeed vendor management has been getting increased exposure among large businesses primarily with companies now setting up Offices of Vendor Management and new roles in the executive suite such as Chief Vendor Management Officer.  The curious thing is almost everyone has a different view […]

Posted: September 13, 2013 | Permalink

6 Benefits of Electronic Invoicing

Many Businesses STILL Aren’t Doing This . . . Here’s Why They Should! Every year millions of invoices are exchanged between buyers and suppliers in the supply chain.  However, most of these invoices are either in paper or e-mail format, which creates inefficiencies for the buyer’s Accounts Payable (AP) organization, and can thus increase the […]

Posted: July 17, 2013 | Permalink

Consulting an Important Element

ICG Consulting is a leading solution provider to financial back-office operations and has been recognized  for these  world-class solutions.  In fact just recently one of ICG’s premiere clients, Dot Foods received a prestigious award, the 2013 Huntington Bank Innovation Award for Accounts Receivable for a collaborative, supplier portal that ICG developed for Dot Foods.  ICG […]

Posted: June 19, 2013 | Permalink

Dot Food Earns Prestigious Award

Customized Supplier Portal Boosted Productivity 107 Percent SCOTTSDALE, Ariz. (June 6, 2013) — ICG Consulting, a business process solutions leader in streamlining vendor and customer transactions and interactions through the development of full featured and highly configurable business process automation tools, is pleased to announce its back-office processes work with client Dot Foods has resulted in […]

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The Benefits Of Vendor Portals

Ever-Changing Advancements To Streamlining The Vendor Process There’s been perhaps no greater advancements in technology over the past few years than in back-office operations for businesses. The ability to communicate efficiently and seamlessly with customers, vendors and partners with such business processes had enabled companies to streamline operations significantly. And vendor portals, in particular, have […]

Posted: May 16, 2013 | Permalink

Streamlining Vendor On-boarding

Vendor On-boarding can be a very labor and document intensive process. While the process of signing up new vendors to do business with your organization may seem fairly simple and mundane, it actually has many important components any of which could cause your company problems if not done correctly. Is the company in question a “real” […]

Posted: April 8, 2013 | Permalink

ICG at IFO’s 2013 Fusion Conference

ICG Consulting will be participating in the Institute of Financial Operations (IFO) 2013 Fusion Conference at Disney’s Coronado Springs Resort from May 19th – 23rd.   ICG staff, with the help of some of our valued customers, will be facilitating three education sessions during the conference. On Monday may 19th ICG’s Lynn Larry will be moderating a panel […]

Posted: March 28, 2013 | Permalink

Dynamic Discounting- It’s the Suppliers!

As Dynamic Discounting continues to gain in popularity for the cash optimization benefits it delivers, knowing your suppliers is key to launching a successful program. No one who has evaluated the return-on-cash models that surround Dynamic Discounting disputes the enormous potential these programs offer. It almost seems to good to be true. And it may be if […]

Posted: February 12, 2013 | Permalink