NextProcess

SEPTEMBER 26, 2023

If it’s like 69% of companies surveyed in a 2017 study, then you don’t have total visibility into your supply chain ( GEODIS, cited by Finances Online ). Tracking KPIs like order frequency, invoice and PO accuracy, and cycle time gives you important insight into whether your procurement process is functioning the way you want it to.

Purchase Order 52

Purchase Order Record Keeping Collections Budgeting 52

NextProcess

OCTOBER 8, 2023

As of 2017, only 6% of surveyed companies reported total visibility into their supply chains ( GEODIS, cited by Finances Online ). The software makes it easy to communicate about purchases and ensures everyone has access to the same information related to purchases. This data is easy to access.

Purchase Order 52

Purchase Order Collections Budgeting Invoicing 52

Nanonets

AUGUST 1, 2023

The survey revealed a remarkable increase in the adoption of data analytics, with around half of the respondents in 2017 utilizing analytics in more than 50% of their audits – a substantial rise from the mere 31% reported in 2014. This is where Nanonets helps.

Auditing 40

Auditing Data Entry Purchase Order Computation 40

AvidXchange

JULY 21, 2018

In 2017, 3.3 According to AFP, over the past decade, fraud risk for checks has spiked—rising from 60% in 2013 to 78% in 2017. A streamlined AP automation solution electronically handles everything from invoice extraction, purchase orders, and payments from start to finish without paper. from last year.

AP 40

AP Billing Invoicing General Ledger 40