Procure-to-Pay process: The major impact of indirect purchases

10% savings on indirect purchases can produce up to 50% increase in sales benefits Faced with this observation, indirect purchases which until now having been considered to be the “poor child” of purchasing, are undergoing a real transformation: 76% of the companies questioned have an Indirect Purchasing Department and 57% manage them differently when compared

The Importance of High Capture Rates in AP Automation

What’s the importance of high capture rates in automation? If you cannot achieve the highest possible capture rates you will find that any automation project will struggle to really give the benefits you could have achieved. Ensuring that you catch as much data as possible, with as little human input, allows you to generate far

Confused About Invoice Automation?

Don’t worry, you aren’t alone! Most of the people I have spoken to over the last few years are confused about accounts payable invoice automation. So, are you confused about invoice automation as well? Well I am going to try and help. At ITESOFT invoice automation is when you have digitised and automated the whole

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%

AP Automation: How Much Could You Really Save?

Are you struggling to get your senior management or CFO on board with AP automation? Perhaps this is because you are focusing too much on what the AP automation solution will do, or alleviate, and not enough on how much money will be saved and when. The thing with AP Automation is that the earlier

Robotics and eInvoicing – Latest P2P Survey Results

Business confidence has dipped this year in response to a flat economy and continued uncertainty around Brexit. It seems that few organisations have strong contingency plans in place in case of a hard Brexit and some are concerned about the implications for their supply chain. And while access to cash remains difficult, with some organisations