7 Ways Electronic Invoicing Can Slash Your Administration Costs

It seems that everything is going digital these days — including invoicing. What used to be a time-consuming, costly task for businesses of all sizes ...

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3 Options for Secure Procure-to-Pay Solutions

Procure-to-Pay (P2P) automation solutions can provide a cost-effective approach for improving your financial supply chain, reducing paper documents, streamlining P2P processes, and deploying supplier portals ...

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Integrate and Automate for Optimum Cash Flow

Cash flow is the lifeblood of any business, and making it effortless and seamless is easier than ever with advanced technology, EDI integration and hundreds ...

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The ROI for AP Automation

Industry benchmarks reveal that the business case for AP automation is more compelling now than ever before. Companies are now processing a record number of ...

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Direct Commerce Expands its P2P Platform in EMEA

Enhanced EU tax compliance, broader language and support capabilities, expanded global transactions templates. Direct Commerce, Inc. (DCI) announces the completion of new international enhancements to their ...

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Implementing Robotic Process Automation in AP Processes

Robotic Process Automation (RPA) is the newest development in business process automation and is taking the industry by storm - in fact, a study conducted ...

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The Impact of AI on Procurement – a Gartner Report

According to a recent report conducted by Gartner, “Artificial Intelligence (AI) technologies will add significant value if provided with the right platform, so application leaders ...

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Stricter VAT Compliance Drives the Need for P2P Automation

According to a Grant Thornton survey, 45% of CFOs say the #1 challenge to company growth is the increasing costs of compliance. This is becoming ...

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Automation is the Key to Clean, Current Vendor Data

High-quality vendor master data is the key to taking your shared services performance to the next level because it allows your company to capture the full ...

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Looking Forward: P2P Trends in 2017

As 2017 quickly gets underway, now is the time to kick-start new projects and build upon last year’s momentum. As you start this cycle, remember ...

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Six Best Practices to Boost eInvoicing Adoption

While the benefits of switching to eInvoicing are obvious to most business managers, actual execution can be slow and frustrating. Migrating to paperless processes seems efficient for ...

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Technology Is Your New Best Friend

Technology is no longer seen as an end tool; technology is seen as the key to process improvement. When surveyed by a moderator at the ...

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Play the Global Business Services Long Game

Transformation happens over time but companies and people have short attention spans – so how do you tackle that conflict? The answer is to have ...

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Supply Chain Finance and Dynamic Discounting

If you are a Shared Services Manager, you should be looking to optimize your supply chain working capital. The same goes for those in Supply ...

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Data is your Gold Mine

The 11th Annual Finance Transformation Forum in Dallas, Texas in September included two intensive days with over 100 leading transformation executives from companies including Cisco ...

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Doing More with Less

Conference participants at the 11th Annual Finance Transformation Forum in September agreed that cost pressure is increasing while at the same time, business complexity is ...

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Collaboration Between You and Your Suppliers – A CPO’s Perspective

Direct Commerce is a proud sponsor of the upcoming CPO Exchange – October 16-18 in Orlando, Florida – if you are a procurement executive interested ...

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Best Practices for Dynamic Discounting

This past week at IQPC’s Shared Services for Finance and Accounting Conference in Dallas, Direct Commerce’s Vice President of Operations, Leela Gill, and the Accounts ...

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Integrating P2P and Procurement

At the Shared Services Link 2016 GPO Summit in Seattle last month, two representatives from Eli Lilly & Co. – a Direct Commerce client – ...

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Benchmarks to Measure AP Automation Performance

As you deploy new technologies and processes to improve AP automation, what are the essential key performance indicators and metrics to evaluate? More importantly, how ...

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Optimizing Supplier Discounts: Dynamic Discounting (Part 2)

In a recent post (part 1), we showed how optimizing supplier discounting through dynamic discounting can generate high returns on working capital – as much as 1% ...

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Optimizing Supplier Discounts: Dynamic Discounting

While offering discounts to suppliers in exchange for prompt payment is a conventional business practice, payment terms have been traditionally been set in advance. But new ...

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