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Optimize Approval Processes: 7 Tips to Simplify Your Accounting
Without approval processes, there’s no proper accounting. That is beyond question. At the same time, however, approval processes are also one of the main pain points of any accounting system. This is because errors in the system lead to subsequent errors: invoices are paid too late, dunning costs are incurred and suppliers are left disgruntled.…
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Document storage – the right way when it comes to safekeeping
Whether still on paper or already completely digital: document storage is a must for every company. On the one hand, legal regulations require documents to be stored for specific periods of time. On the other hand, the way in which documents are stored digitally has positive effects on collaboration within the company.
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10 requirements for software for digital business processes
The digitization of business processes often works well in practice – but sometimes not so well. This article provides a comprehensive overview of essential software requirements for managing incoming invoices and contracts, applicable to businesses worldwide.
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Only supplier portals ensure efficient supplier management
Purchasing experts are faced with the challenge of a heavy administrative workload every day. Supplier portals offer a solution here: by simplifying workflows and processes and saving time. Communication and collaboration are also much easier for the company’s purchasing team and external suppliers through this type of portal.