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Procure-to-pay automation is a system intended to adjoin the efficiency to the procedures of vendor valuation, assortment, and payment with the assistance of technology. Procure to pay automation seeks to make use of software to get rid of the manual tasks, streamline group effort between the departments, and save the money all the way through...

You can save a lot of money with Accounts Payable solution. Learn how it works, how to select the appropriate platform, and where to locate the hidden savings from manual processing. If your AP team still uses manual processing, you already know how frustrating it is to have to deal with missing invoices, incorrect data...

A company’s success is greatly influenced by procurement. Nearly every aspect of an organization, from manufacturing to customer satisfaction, is affected by managing the flow of materials and services, forecasting costs, and negotiating the best prices. Organizations can document this complicated workflow, from the point of need to the final payment, through the procure-to-pay process....

Artificial Intelligence, one of the Buzzwords in technology, is also getting its hold over domains like Procurement, Finance, etc. The impact, benefits, and adoption of AI in Procurement is not a quick process with instant results; but rather it is a journey towards short-term benefits, medium-term benefits, and long-term benefits. With relation to AI, let’s...

This 2021, Say Hello to E-Invoicing!  As per CBIC, E-Invoicing is made mandatory (from 1 Jan 2021) for B2B transactions for the Business Owners or TaxPayers with an annual turnover of over Rs.100 crore! Heading back to 1 October 2020, the same law has already been issued for businesses with an annual turnover of over...