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 ...

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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 ...

By Mark Rhyman

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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 ...

There are many key performance indicators (KPIs) you can use to evaluate and improve performance, but which ones are the most essential to track – and why?

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 ...

One of the important ways P2P Automation is helping companies stay secure is through encrypted supplier portals. As regional locations and online points of access ...

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

Industry innovators Billy Williams and Bruce Hanavan share their insights with SharedServicesLink CEO Susie West on the success they have had with The Home Depot. Merck ...

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 ...

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

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, ...

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

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.

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 ...

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

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 ...

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 ...

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 ...

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

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 ...

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 ...

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

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 ...

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 ...

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 ...

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 ...

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.