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Why Your Company Needs An Account Payable Risk And Control Matrix
Like every other aspect of running a business, the accounts payable system is subject to some degree of risk associated with it. Indeed, business-to-business (B2B) transactions that are deceitful or...

5 Key Roles of Enterprise Content Management to Companies
In today's fast-paced business world, the amount of digital content being created and consumed by companies is increasing at an exponential rate. With such a massive volume of content to manage,...

How To Turn Supplier Management Into A Competitive Advantage
Wondering how you can get the most out of your supplier management? Then keep reading this post as we discuss supplier management and how to get the most out of it. You must partner with a reliable...

Artificial Intelligence In Accounts Payable
Artificial intelligence has hugely impacted accounts payable over recent years. There have been substantial breakthroughs achieved across the finance and procurement processes over the past decade,...

Understanding Dynamic Discounting And Its Benefits
Discounts and merchant incentives have been intrinsic parts of the trade ever since the inception of the market. When the world was using the barter system, the system of credit with associated...

Understanding The Significance Of Vendor Management Systems
If you've ever been in the business of managing vendors, I'm sure you'd agree that there's no such thing as having too many tools at your disposal. In fact, the more resources you have at your...

The Best Digital Transformation Practices In 2023
The term 'digital transformation' is pretty much common in business. The phrase "digital transformation" (DT) refers to a comprehensive framework and the corresponding plan created to combine...

New extended support for Template Directives in Oracle APEX
In Oracle APEX 22.2 new support for Template Directives is now available for both Classic and Interactive Reports. Template Directives enable the ability to apply client-side directives to control...

The Ultimate Guide to Building a Good AP Audit Trail
The audit trail is a data collection showing what happened at a specific time. Auditors use it to verify that activities were performed correctly and, if not, why. The audit trail can be used...