Travel expenses are a necessary part of doing business. However, they can also be a significant source of fraud and abuse if not managed properly. In fact, the rise in travel expenses could lead to a higher risk of business fraud. This is because travel expense invoices are often harder to manage than other types […]
Managing travel expenses with the right invoice solution to mitigate risk Lire la suite »
Supply chain outsourcing services have become increasingly popular in recent years as companies seek to streamline their operations and reduce costs. By outsourcing various aspects of the supply chain, businesses can benefit from specialised expertise, improved efficiency, and reduced overhead costs. This can include outsourcing tasks such as manufacturing, transportation, warehousing, and logistics to third-party
Do you currently use supply chain outsourcing services? Lire la suite »
Accounts payable is an essential aspect of any business’ financial operations. It refers to the money that a company owes to its suppliers or vendors for goods or services purchased on credit. Managing accounts payable effectively is crucial for maintaining healthy cash flow, as well as building and maintaining good relationships with suppliers. One way
UNFI Canada is a leading distributor of natural and organic foods. The company faced a significant challenge in managing their electronic data interchange (EDI) processes. The company had a large volume of electronic transactions with its suppliers, which were critical to its supply chain operations. However, the manual processing of these transactions was time-consuming and
How UNFI Canada optimised their EDI processes and improved supply chain efficiency Lire la suite »
In today’s fast-paced business environment, companies need to be agile, efficient, and innovative to remain competitive. As a result, many organisations are turning to electronic data interchange (EDI) as a way to streamline their document exchange processes, reduce operational costs, and increase efficiency. Web EDI, a web-based approach to EDI, allows businesses to exchange documents
Panasonic, a leading electronics manufacturer, faced a significant challenge in managing its procurement process. The company had a complex supply chain and relied on a large number of suppliers to provide it with the raw materials and components it needed to manufacture its products. This therefore made it difficult for the company to track its
