Sometimes it seems that fraud in Purchase to Pay must be impossible to prevent. Almost every week at PPN we report on fraudulent activity across finance, procurement, AP and related departments – each one often bearing a very similar traits to the last.
Some organisations get it. They fully recognise the potential e-invoicing has to transform their business. Others, quite simply, don’t. Those in the second camp see e-invoicing only as a potentially faster way of paying suppliers, but with added implementation and process change costs, and anyway they're quite happy the way things are – so push it to one side.
By Guest Contributor, Gerard Chick, Chief Knowledge Officer at Optimum Procurement Group
Businesses still care about managing their spending, but profitability is fast replacing the traditional cost savings focus. In turn this broader, more balanced emphasis on profitability, leaves open the question as to whether supply management concentrates on cost savings or revenue growth.
by guest contributor, Charles Henri Royon, VP EMEA, Tradeshift
Managing supply chains effectively has become increasingly crucial to maintaining brand image and reputation. In the age of mass media, firms can’t afford to turn a blind eye – any irresponsibility or wrong doing in a far flung area of an enterprise’s supply chain will be exposed, and rightfully so.
Avalara helps businesses of all sizes get tax compliance right. In partnership with leading ERP, accounting, eCommerce and other financial management system providers, Avalara delivers cloudbased compliance solutions for various transactional taxes, including sales and use, VAT, GST, excise, communications, lodging, and other indirect tax types. Headquartered in Seattle, Avalara has offices across the U.S. and around the world in Canada, the U.K., Belgium, Brazil, and India.