The Digitalisation of the Procure-to-Pay Process: More Than a Financial ROI

According to the Institute of Finance & Management (IOFM), 53% of accounts payable managers believe that a Procure-to-Pay process improvement initiative should be initiated by their financial departments. Faced with an increasingly competitive market, this investment addresses productivity challenges and operational performance, the importance of which continues to grow each year. The digitalisation of processes, in

Understanding the True Cost of Your AP Process (Infographic)

  Understanding the true cost of your AP process is an important step towards gaining any benefit from your department. How can you submit a business plan for your process improvement project before understanding the true cost of your AP process? It is also important to understand how other companies are performing so you can

Lidl SAP ERP Implementation Failure, What Can You Learn?

  My colleague recently wrote a blog about a having digitalisation strategy for the future, and now more than ever this is becoming one of the most important subjects for every company, from the big to the small. Unfortunately, this is a lesson that is often learnt the hard way, especially in Lidl’s case. For

All I Want for Christmas is My Invoices Automated

  As we creep through December and Christmas is sneaking up on us, one thing is becoming apparent: people need time off work. Whether your team have unspent holiday to use before they lose it in 2019, or they have become so busy with seasonal plans that they are suddenly in a rush to take

Streamline for Invoices Now Available Through the Microsoft Store.

  30 years of innovation in the business process automation space have culminated in ITESOFT’s latest accounts payable suite, Streamline for Invoices (SLFI). Now available through AppSource, the Microsoft Store, SLFI represents a new generation of solutions that not only leverage the intrinsic benefits of the Cloud, but also take advantage of using innovative services deployed

What is the Role of Robotic Process Automation (RPA) in Accounts Payable?

  The role of Robotic Process Automation (RPA) in Accounts Payable is, fundamentally, to remove time consuming, repetitive, low-value tasks such as data entry from employees. Freeing accounting clerks time to focus on higher-value tasks. Simply put, if your team are typing data from a document, into any system, this is the task that RPA