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Most CFOs Lack Full Visibility Into Company Spend, Coupa Finds

PYMNTS

CFOs surveyed agreed that technology could help with strategic spend management: 60 percent told researchers that they agreed process or technology improvement was key to improving cost management. 1 threat to CFOs’ abilities to make a positive impact on their companies’ financial positions.

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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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CPOs’ Support For Innovation Surprises The Market

PYMNTS

Externally, Greece’s ongoing troubles, China’s continued performance weakening, dropping oil prices, rising dollar value, a potential Brexit and the Federal Reserve’s anxieties amid slowing job growth are just some of the situations impacting the CPO, from outsourcing to risk mitigation.

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The 9 Logistics Documents to Automate with IDP

Nanonets

This reduces non-compliance risk, mitigates legal complications, and ensures that shipments move seamlessly across borders, contributing to a smoother global logistics operation. Enhanced Cost Management: Automation provides a comprehensive view of freight-related expenses, allowing for better cost management.

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Top 10 OCR for Invoices in 2024

Nanonets

OCR helps automate invoice processing, enabling businesses to track costs, manage budgets, and improve profitability. Utilities : Utility companies receive invoices for energy, water, waste management, and maintenance services.