How many suppliers does your accounts payable (AP) department pay? Have you checked recently how many checks your AP department has written in the past year? Have you ever totaled up how much time and effort goes into this lower-value process each year – or estimated the cost of this effort to your small business? The numbers might surprise you...
A supplier invoice policy is one of those documents that every business should have. An effective policy will greatly reduce the amount of time related to the tasks of approving and processing vendor invoices, addressing exceptions, or storing,...
For many healthcare organizations, managing spend is a distraction, not a differentiator. Hospitals and medical facilities need to prioritize caring for the health of individuals. Tracking spend isn’t at the core of what differentiates...
ThreeBridge is a fast-growing professional services company whose consultants use cutting-edge technology with all of their clients. But for years, they employed a paper-based vendor invoice management system. “It was very cumbersome…and because...
SAP Concur solutions connect the primary pieces of business travel and spend so you can focus on what matters most to your business. Concur Travel, Concur Expense, and Concur Invoice work seamlessly with each other and integrate with the systems...
As you’d expect from the company that provides Concur Invoice, we’ve compiled compelling data on the high costs of paper-based invoicing. On average, it costs $23 to process a paper invoice. Automating the process reduces the cost to $3.41, and...
It’s an interesting time to be in accounts payable. Throughout the last few years, there has been a wave of cloud-based technologies that promise better visibility into spend, greater cost control, and significantly improved operational...