Automating accounts payable and procure-to-pay (P2P) processes can help cut costs, optimize cash flow and provide real-time visibility into outstanding payables or potential disruptions.
Bobby Holland, vice president and director of freight data solutions with U.S. Bank, reports improved results for the number of freight shipments and amount spent by shippers in the fourth quarter of 2020.
Companies can overcome some of the uncertainty they face in product cost estimation with a practice called “should cost” — and deliver smarter design, strategic sourcing and faster time to market.
Throughout the past few months, it felt like Congress and the IRS were constantly butting heads with one another about whether or not business expenses paid for using Paycheck Protection Program (PPP) loan money could still be considered tax deductible.
COVID-19 has been a significant disrupting factor to the global supply chain. It forced an immediate shift to digital channels, eroded relied-upon logistical strategies, and forced companies to re-think in-person interactions of every kind.
Resulting from late, inaccurate, or unreadable advance ship notices (ASNs), chargebacks are so ingrained into the enterprise that they’re considered an actual line item in budgets.
The ways in which companies choose to pay for new equipment and technology may vary according to business objectives. Here's how financing becomes a strategic tool.
The latest news, analysis, trends and solutions regarding supply chain finance and revenue management. New technologies in finance and revenue management are transforming the way companies operate - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using finance and revenue management solutions for supply chain optimization.
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