“PO”sition Your Business for Success by Optimizing Purchase Order Use
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…)
Achieving Purchasing Automation Goals with Effective Supplier Enablement
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…)
Troubled Debt Restructuring from the Lender Perspective
The clock is ticking: Lenders, have your CARES Act or banking Interagency Statement loan modifications become a TDR (Troubled Debt Restructuring)? (more…)
Scenario Planning, Initiative Assessment, Prioritization, and Execution
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…)
5 Steps Before Beginning a BSM Implementation
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…)
