Earn Early Payment Discounts from Your Suppliers

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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To Bot or Not to Bot - Is that the only question?

November 28, 2018 Automation, eInvoicing, News, RPA

2 MIN READ

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Supply Chain Finance and Dynamic Discounting

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 ...

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Five Reasons Why SaaS technology is a Great Investment

By Mark Rhyman

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The Digital Workforce Influence on Shared Service Centers

November 7, 2018 Automation, eInvoicing, Workflow

4 MIN READ

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Italy's eInvoicing Mandate: Small Businesses Get Extra Time

October 31, 2018 Global, eInvoicing

2 MIN READ

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Calculating the Full Value of AP Automation - Factors for Consideration

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 ...

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eInvoicing: Top 5 Key Performance Indicators

October 3, 2018 eInvoicing

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?

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3 Keys to Optimizing Shared Services Performance

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 ...

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Protecting Your Data through Automation

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 ...

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Global SSCs: Top 5 Considerations for Automation Success

August 22, 2018 Workflow, eInvoicing, Partnerships, Global

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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Procure to Pay Process: 4 Case Studies

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 ...

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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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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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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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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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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 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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Stricter VAT Compliance Drives the Need for P2P Automation

July 12, 2017 eInvoicing, News, Partnerships

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

September 9, 2016 eInvoicing, News

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 eInvoicing, Partnerships

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 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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