Working capital is one of the best ways to measure both the efficiency and the financial health of your company. It’s a key indicator of the operating liquidity ...

2 MIN READ 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 ...

3 MIN READ Virtually every business that adopts and successfully deploys best-of-breed AP automation technology sees a quick and clear return on investment. By ...

3 MIN READ Corporations have lofty expectations of their shared services teams. Gone are the days of justifying projects based on cost reduction only; today, shared ...

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, ...

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 - ...

Enhanced EU tax compliance, broader language and support capabilities, expanded global transactions templates.

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 ...

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 ...

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

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 ...

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 ...

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 ...

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 ...

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% ...

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