Seven Predictions for Finance and Procurement

In a challenging geopolitical landscape, where long held assumptions around the fundamental principles of world economics are being questioned, many organisations are looking to new ways of thinking and technology to protect them against risks and take advantage of any opportunities. This year will see ongoing changes in several different areas: Let’s Get Connected It

Accounts Payable Automation – The First Step to Automating an Organisation

Digitalisation of a business; start simple, start with Accounts Payable automation. When companies decide to embark on projects designed to automate their processes, the advice is often to start with something simple. This has numerous benefits, from ensuring your project generates a return on investment, to establishing how your staff deal with major change. Accounts

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

What Are The Most Likely Industry 4.0 Trends of 2019?

During 2018 the news was awash with stories of Industry 4.0 trends. So what can we expect in 2019? Well, I imagine probably more of the same, if truth be told. IoT, 5G, Digitalisation, Smart & Wearable Tech, RPA and Robotics are all likely to claim vast amounts of column space throughout 2019. IoT The

Automation in Finance: Preparing for the Future of Back Office Functions

Throughout November and December, I published a series of 6 articles looking at preparing for the future of back office functions through automation in finance. Starting with 9 bullet points on how to best prepare for automation in finance, working through understanding your current processes, who to involve and how to involve them, and tips

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 gauge

Digitalisation of invoices: Socometra Engie chooses ITESOFT’s next-generation solution

Socometra Engie, a maintenance and engineering company, has selected Streamline for Invoices from ITESOFT, a global leader in digitalisation and process automation solutions, to transform its supplier invoice process. Digitalise 12,000 supplier invoices per year To support its strategy of digital transformation of accounting processes, Socometra, a subsidiary of Engie Group based in New Caledonia,

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 on

What is Metadata and Why Should You Care?

In the world of digitalisation, the term “Metadata” is used quite often. But what is Metadata? Descriptive strings of data that reference activity or other data Fields of information allowing accurate filtering of data Automated data which cannot be manipulated or changed after creation Why is it of benefit to your organisation? Allows an insight

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