Global SSCs: Top 5 Considerations for Automation Success

According to a Finance Shared Service Benchmarking Study conducted by ScottMadden and the American Productivity and Quality Center, 75% of participant organizations’ ...

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Direct Commerce and GDPR

The General Data Protection Regulation (GDPR) applies to all organizations that handle data on EU citizens — regardless of where the organizations are based.

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Why Dispute Resolution Is an Easier Road

April 12, 2018 Dispute Resolution

Is your goal to help keep your transactions moving seamlessly? If so, then effective communication with your vendors and suppliers are essential. With dispute resolution ...

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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 can now be fast, ...

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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 ...

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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 of reams ...

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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 invoices - ...

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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.

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Direct Commerce Becomes Oracle Gold Level Partner

January 28, 2018 News, Partnerships

Direct Commerce, a global leading provider of cloud-based SaaS P2P solutions, announced that it has achieved Gold Partner status in Oracle PartnerNetwork (OPN). By ...

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Implementing Robotic Process Automation in AP Processes

December 9, 2017 eInvoicing, Workflow

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

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The Home Depot's Debbie Rich-Walker Named P2P Manager of the Year

November 28, 2017 News

Direct Commerce is proud to announce that Debbie Rich-Walker, from The Home Depot, was named P2P Manager of the Year by IOFM at this month’s Accounts Payable and ...

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The Impact of AI on Procurement - a Gartner Report

October 30, 2017 eInvoicing

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

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Can there be "too much change"?

September 10, 2017 Workflow

Earlier this month, Vice President of Operations, Leela Gill and Chief Technology Officer, Billy Williams hosted a webinar on best practices for change management in P2P ...

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The Shift to Global, Automated Shared Services Operations - a ScottMadden Report

August 10, 2017 Workflow

The results of the benchmarking study conducted by ScottMadden and the American Productivity and Quality Center across seventeen different industry segments indicate ...

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Stricter VAT Compliance Drives the Need for P2P Automation

July 12, 2017 News, Partnerships, eInvoicing

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 more and more ...

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Successful P2P Change Management

Instinctively, every business manager knows what it takes to make change happen. It is obvious that a skilled, motivated team in a department receptive to change using ...

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Automation is the Key to Clean, Current Vendor Data

February 16, 2017 eInvoicing, Vendor Management

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 benefits of ...

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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 to consider these key ...

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Six Best Practices to Boost eInvoicing Adoption

December 14, 2016 eInvoicing, Vendor Management, Workflow

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

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Using Analytics to Add Value

November 12, 2016 Workflow

Data has always been the cornerstone of strategic business decision-making to gain a competitive advantage, but today, due to the enormous surge in data volumes and ...

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Technology Is Your New Best Friend

October 25, 2016 eInvoicing, Workflow

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 Finance Transformation Conference ...

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Play the Global Business Services Long Game

October 17, 2016 eInvoicing, Workflow

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

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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 Chain, Accounts Payable, or ...

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Data is your Gold Mine

October 10, 2016 eInvoicing, Workflow

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

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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 ...

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Driving Value Creation at the Top Line

Today, corporations have lofty expectations of their finance teams. Gone are the days of justifying projects based on cost reduction only; today finance leaders are ...

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

September 9, 2016 News, eInvoicing

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

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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

May 16, 2016 Partnerships, eInvoicing

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

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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 3)

March 15, 2016 Discount Management

Our last post (part 2) in this series on four best practices for optimizing supplier discounts – based on our new white paper –  discussed how the first two of these ...

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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% to 2% ...

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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.

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