5 FAQs in AP, Finance and Shared Services

Even as more and more organisations embrace or mature their shared services model, there are questions that still get asked on a regular basis. Here are 5 FAQs about AP, finance and shared services. What is the difference between centralised finance and shared services? Both centralised finance and shared services take typical ‘back office’ finance

ITESOFT Insight… Accounts Payable Automation FAQs

Accounts Payable Automation FAQs with a difference. Each of these questions have come up in multiple webinars run by us. These are your Accounts Payable automation FAQs, with our honest answers…   FAQ 1: How many languages are supported by the platform? We are able to capture, read and process any incoming document regardless of

ITESOFT Insight… AP Automation FAQs

Another set of AP Automation FAQs with a difference. We felt it was time to highlight a few more of your AP automation FAQs. Again, with our honest answers…   FAQ 1: Do we have to use ITESOFTs analytics? No. This is an optional extra. If your business already owns business intelligence software it rarely

Finance as a Function: Moving From A Reactive To A Proactive Strategy

As we find ourselves working in more agile ways, it becomes necessary to re-examine our finance function as part of the overall need to change the way we work. Traditional financial forecasting, planning and reporting no longer fulfils the needs of the modern workplace. We now need to find ways to proactively manage our financial

What Does Digital Transformation In Shared Services Really Mean?

It may be the hot phrase of 2019 for shared services…but what does digital transformation really mean for shared services? The key word here is transformation. Digital transformation is not the same as more automation. It’s about re-imagining your processes and transforming your operations – putting technology at the core of your service. Uber, for

Environmental Cost Of Paper Based Invoice Processing

We live in a world that is changing. The global focus on reducing our environmental impact is growing. The key question in this blog though is, what is the environmental cost of paper based invoice processing? Most organisations will have an understanding of the cost of processing an invoice once they have received it. Some