7 Neglected Accounts Payable Costs
The Accounts Payable (AP) function is often a neglected area of the business and for many organisations there are often a few horrors hidden in the closet. These horrors often stem from the high level of paper...
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7 Neglected Accounts Payable Costs
The Accounts Payable (AP) function is often a neglected area of the business and for many organisations there are often a few horrors hidden in the closet. These horrors often stem from the high level of paper intensive, manually intensive and error-prone processes that AP staff carry out on a daily basis. Quite often, areas of AP processing aren’t even...
Posted by Emma Mitchell - 11 March 2016
Highlights of B4Bv6, the Latest Release of the Payment Management Tool
Back at the end of 2015, Professional Advantage announced the release of B4Bv6, the tool which provides an automated link between the payables module within Infor SunSystems and your bank for Electronic Funds Transfer (EFT) software or internet banking. B4B enables users to review and approve payments in a secure, auditable environment helping fraud...
Posted by Emma Mitchell - 04 March 2016
Put a Spotlight on Supplier Risk Management
In today’s complex world, supplier risk management is just as critical to an organisation's financial health and competitive performance as its efforts to product cost savings.
The negative impact of a single event on an organisation’s financial position or reputation is potentially huge, even devastating. Risk simply cannot be ignored, even while the...
Posted by Simon Dadswell - PROACTIS - 19 February 2016