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Home | Private: Blog | 2020 | September

Month: September 2020

“PO”sition Your Business for Success by Optimizing Purchase Order Use

“PO”sition Your Business for Success by Optimizing Purchase Order Use

September 25, 2020

One of the major benefits delivered from a Business Spend Management (BSM) implementation is the ability for the company to move towards pre-approved spend by leveraging purchase orders (POs). (more…)

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Achieving Purchasing Automation Goals with Effective Supplier Enablement

Achieving Purchasing Automation Goals with Effective Supplier Enablement

September 11, 2020

One of the major benefits delivered from a Business Spend Management (BSM) implementation is Accounts Payable (AP) automation. Prior to beginning an implementation, a success criteria should be established (more…)

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Troubled Debt Restructuring from the Lender Perspective

Troubled Debt Restructuring from the Lender Perspective

September 10, 2020

The clock is ticking: Lenders, have your CARES Act or banking Interagency Statement loan modifications become a TDR (Troubled Debt Restructuring)? (more…)

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Scenario Planning, Initiative Assessment, Prioritization, and Execution

Scenario Planning, Initiative Assessment, Prioritization, and Execution

September 8, 2020

The fluidity of COVID-19 impacts and the unknown future of economic recovery (or decline) can lead to a paralysis of planning as companies grapple with alternative scenarios. (more…)

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5 Steps Before Beginning a BSM Implementation

5 Steps Before Beginning a BSM Implementation

September 1, 2020

Organizations that choose to make spend management a priority often seek to achieve their savings and efficiency goals through the implementation of a cloud-based Business Spend Management (BSM) application. (more…)

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