Remove Compliance Remove Cost Management Remove Risk Mitigation
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Procurement Professionals Unhappy With Tech Options

PYMNTS

The procurement department requires a strong technology foundation in order to control costs, manage supplier relations and generally execute the function effectively,” said Paul Mandell, cofounder and CEO of Consero, in a recent interview with SCMR. “To

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The 9 Logistics Documents to Automate with IDP

Nanonets

Fewer errors and improved efficiency can also contribute to overall operational cost reductions. Improved Compliance: IDP ensures that logistics documents, such as customs declarations and bills of lading, adhere to regulatory standards. The BoL, being a legal document, must adhere to specific standards to ensure compliance.

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Top 10 OCR for Invoices in 2024

Nanonets

Healthcare : Healthcare organizations receive invoices for medical supplies, equipment maintenance, facility management and administrative services. OCR for invoices assists in managing these efficiently, ensuring compliance with regulatory requirements and timely payments to vendors.