Why Won’t Suppliers Adopt E-Invoicing? The Truth

The truth about electronic invoicing? There is no “one size fits all” answer. An EDI feed is simply unrealistic for many companies. Asking suppliers to change for your benefit… that’s a hard ask. You have to show them a benefit too. According to Billentis, 90% of all invoices globally were still processed manually… Yes, 90%

Why You Should Be Looking to Automate Accounts Payable Now

Have you thought about automating your Accounts Payable process, but keep pushing it further and further down your list of priorities? Let’s talk about why you should be looking to automate your Accounts Payable process today. Now is the best time to be looking to automate. If your company is moving into the start of

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

Risks Associated With Accounts Payable

Have you looked at a couple of key areas where fraud can be a risk, payment processing issues, and how to resolve these problems? It is time to gain from insights into how to avoid some of the associated risks when processing invoices and capitalise on the advantages of financial automation. Two types of fraud

PPN P2P Transformation Summit 2019

PPN P2P Transformation Summit ITESOFT were delighted to have been invited to attend the PPN P2P Transformation Summit 2019 for the fifth year in a row, and I thoroughly enjoyed it! For me, this was my first time at the event, and what an event it was! Taking place at the Hurlingham Club in Fulham

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

Digital Transformation in Shared Services – The Impact on the Workforce

Shared services have changed a lot in the last 10-15 years. The adoption of electronic invoicing, smartphones, cloud-based Software-as-a-Service, RPA and artificial intelligence have kept us in a constant state of evolution. But what impact is this having on the workforce? And what can you do to start preparing for the next 10-15 years? Sharedserviceslink

Want your Invoices Paid within 30 days? Try 1.2

Out of 15,625 reports of UK companies’ payment practices, 5,439 companies reported that they were paying their invoices within 30 days. That means 65% of companies that have reported their payment practices are taking longer than 30 days to pay suppliers upon receipt of an invoice. Why is this? It could be due to a

The Fastest Way to Streamline Your Accounts Payable Process

Much like Joe Wicks’ Lean in 15 recipes and work outs are dedicated to being short and sweet, Cloud technology and Software as a Service (SaaS) allows a quick implementation with immense benefits when used for accounts payable automation. Giving you the fastest way to streamline your accounts payable process. If you’re trying to reach

Is Capture the Key to Automation?

The Importance of High Capture Rates in AP Automation

The Fastest Way to Streamline Your Accounts Payable Process

as-a-Service in Accounts Payable… The Future of Capture