Planergy Software

MAY 5, 2022

With an effective and efficient procurement process, you can quickly deliver cannibal cost Improvement while enhancing supply chain agility. In this article, we’ll discuss the various ways strategic procurement can give you an edge over the competition. Risk mitigation is more than risk avoidance.

Strategic Sourcing 59

Strategic Sourcing Sourcing Reduced Costs Supply Chain Management 59

Obobo

MARCH 19, 2023

Procurement professionals need to understand how contract management works in order to maximize their success in the procurement process. In this article, we’ll dive deep into the concept of contract management in procurement. What is Contract Management in Procurement?

Management 40

Management Reduced Costs Risk Management Risk Management 40

Planergy Software

SEPTEMBER 20, 2023

Corporate travel management software streamlines business travel processes by automating tasks such as booking flights, tracking expenses, and providing insights into travel spending patterns. Effective business travel management can lead to cost savings, increased employee satisfaction, and improved productivity.

Management 52

Management Right-Sizing Software Finance 52

Vilmate

APRIL 27, 2022

However, the presentation of automation, artificial intelligence, and machine learning principles has taken a fair share of work off our shoulders. In this article, we’ll discuss why fintech and machine learning join hands so easily, what actually stands behind machine learning in fintech, and which processes it can improve in the industry.

Banking 52

Banking Finance Risk Management Risk Management 52

Planergy Software

AUGUST 25, 2022

How better management in AP can give you better flexibility for cash flow management. AP Automation Digital Transformation Management & Leadership. Improved efficiencies Touchless transactions and the use of blockchain will automate much of the manual processes that create logjams in a business. Written by.

Finance 52

Finance Robotics Process Automation Out-Tasking Banking 52

Magellan Solutions

MAY 19, 2023

Then read along because this article is for you. CHALLENGES BUSINESSES FACE IN MANAGING THEIR PROCESSES Challenges are inevitable when handling business processes. LACK OF ARTIFICIAL INTELLIGENCE (AI) AND AUTOMATION Piled up workloads and time-consuming tasks can be challenging. We have listed below some of the difficulties.

BPO 52

BPO Outsourcing Management Out-Tasking 52

Obobo

MARCH 19, 2023

Through proper contract management, organizations can reduce legal costs, increase their bottom line, ensure compliance with regulations and industry standards, and even strengthen customer relationships. Challenges of Contract Management Have you ever struggled to keep track of contractual agreements and deadlines?

Management 40

Management Collaborations Automation Out-Tasking 40

Planergy Software

SEPTEMBER 8, 2022

Supplier relationship management is crucial for your operations. If suppliers feel like you’re constantly criticizing them or looking for ways to reduce costs, they may be less likely to want to do business with you in the future. This will go a long way with risk management. Collect Performance Data.

Management 52

Management Finance Flexibility Software 52

Frevvo

JANUARY 3, 2022

An effective procurement management system can help you address these challenges. In this article, we’ll take an in-depth look at procurement management, including what it is and why it’s important. We’ll also cover the steps in the procurement process and how you can use frevvo’s automation software to automate them.

Management 52

Management Automation Software Out-Tasking 52

Frevvo

JANUARY 3, 2022

An effective procurement management system can help you address these challenges. In this article, we’ll take an in-depth look at procurement management, including what it is and why it’s important. We’ll also cover the steps in the procurement process and how you can use frevvo’s automation software to automate them.

Management 52

Management Automation Software Out-Tasking 52

Planergy Software

MARCH 24, 2022

Create and Maintain a Supplier Database It’s crucial to own a detailed and current supplier database as this will help in planning, reducing costs, choosing new vendors, and promoting strong supplier relationships. It also involves risk management, supplier relationship management (SRM), and contract management.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Obobo

MARCH 19, 2023

Vendor contracts management is a critical component of any business, no matter its size or industry. In this article, we’ll provide an overview of vendor contract management and how it can benefit your business. Moreover, it’s become increasingly important in a world of global unrestricted trade and economic upheaval.

Management 40

Management Reduced Costs Automation Accounting 40

Planergy Software

FEBRUARY 4, 2022

Final Thoughts No matter what business model you use, you’ll deal with risk management, asset management, and corporate governance. With good ESG practices, you can develop a business strategy that focuses on value creation through reduced costs, boosted productivity, solid asset management, and sustainable investing.

Right-Sizing 52

Right-Sizing Accounting Finance Government 52

Obobo

DECEMBER 17, 2021

Stakeholders are able to estimate whether their cost-reduction and saving tactics are effective once they have this information at their fingertips. To be successful with savings tracking, most businesses have to do four things: Reduce costs Risk management Creation of new services or products to increase turnover Increase cash flow.

Strategic Sourcing 52

Strategic Sourcing Finance Software Out-Tasking 52

Obobo

MARCH 21, 2023

Procurement and Finance teams are no different – they’re passionate about cutting costs and creating value for the company. In this article, we’ll look at what Procurement teams need to understand about savings so that they can identify every possible opportunity for their organization.

Finance 45

Finance Strategic Sourcing Software Reduced Costs 45

Planergy Software

APRIL 19, 2023

Download Free Copy Accounts Payable: What Is It, Definition, Job Description, Process, and Software Written by Keith Murphy 32 min read AP Automation Invoice Processing Process & Procedures Download PDF IN THIS ARTICLE What Is Accounts Payable? This step is easier with electronic invoicing and when AP automation software is in use.

Accounting 52

Accounting Jobbing Software Automation 52

Obobo

MARCH 19, 2023

Managing contracts manually can be overwhelming and can lead to errors. Contract management systems provide an automated platform that enables businesses to store, track, and manage contracts more efficiently. But what exactly is a contract management system? How does a Contract Management System Work?

Management 40

Management Automation Out-Tasking Administrative 40

Planergy Software

MARCH 29, 2022

This step can make or break an organization’s ability to understand its data better and leverage it to maximize profitability, reduce cost, and create value for shareholders. The automated AP system uses various visual formats to provide actionable insights that help business leaders make informed business decisions.

Analytics 52

Analytics Accounting Finance Strategic Sourcing 52

Planergy Software

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. Many readers tell us they would have paid consultants for the advice in these articles.

Manufacturing 52

Manufacturing E-Commerce Human Resources Marketing 52

Obobo

MARCH 19, 2023

A contract management lifecycle (CML) is the framework organizations use to monitor and manage contracts throughout their entire lifespan. In this article, we will discuss what CML is and why it’s important for organizations to have an effective contract management strategy in place.

Management 40

Management Reduced Costs Efficiency Regulations 40

Obobo

MARCH 19, 2023

CLM helps organizations manage contractual relationships throughout their entire life cycle – from generating contracts through execution to post-execution management. CLM software automates contract management processes, making it easier for businesses to keep track of their contractual obligations and deadlines.

Software 40

Software Management Collaborations Automation 40

Planergy Software

DECEMBER 16, 2021

The most effective spend management plans offer real-time analytics and data insights to make it easier for you to make better decisions, so you can reduce costs, but still produce value. How Spend Management Improves Procurement. Using automation can help make this easier because it can help eliminate duplication.

Management 52

Management Inventory Management Supply Chain Management Finance 52

Obobo

MARCH 19, 2023

The power of technology and automated systems have been embraced in almost all business areas, and contract management is no exception. A contract management system is a tool that helps streamline the review, signing, and execution of contracts. How do contract management systems help businesses?

Management 40

Management Automation Regulations Out-Tasking 40

Planergy Software

JUNE 23, 2022

Determine which allocation base to use The overhead percentage rate is calculated by adding all of your indirect costs and then dividing them by a designated measurement such as labor costs, sales totals, or machine hours. Use PLANERGY to manage purchasing and accounts payable. What’s your goal today? Related Posts. 15 min read.

Manufacturing 52

Manufacturing Finance Labor Costs Accounting 52