Maximum Procure-to-Pay automation: The key to success!

The economic crisis is driving finance departments to seek productivity gains like never before. In today’s context, the Procure-to-Pay process represents one of the main sources for improving efficiency. Digitalising the process allows to reduce costs and processing times by 6 or more, compared to a manual process… But these performances are only provided by the best!

Procure-to-Pay: The 5 Challenges of Digitalisation

Like 60% ¹ of finance decision-makers, you are convinced of the importance of digitising the Procure-to-Pay (P2P) process. Productivity, auditability, traceability, risk management, resilience… the benefits are many. The question is no longer if, but “how”? If you do not want to “just” digitise, but also want to reach the level of the best-in-class, the

How Covid crisis is accelerating digitalisation in Financial Departments

The recent pandemic has changed our habits, forcing us to reinvent our social relations and our professional exchanges. In a matter of months, SARS-CoV-2 will have done more in terms of digital transformation, accelerating digitalisation, than many other corporate projects. When contact becomes a problem, digital becomes the solution. We have witnessed an explosion of

Procure-to-Pay: ITESOFT enhances its Streamline for Invoices solution

Digital invoices, robotisation, AI… are now priority levers for finance departments looking for more performance, agility and perfect control of regulatory compliance risks or fraud. To respond, ITESOFT are delivering a new edition of its Procure-to-Pay solution which capitalises on the publisher’s advances in AI and process robotisation for an even more efficient, adaptable and

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

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