Blog

Discover how automation boosts supply chain visibility, risk management, and transparency in pharma and biotech for stronger, more resilient operations.

In this blog, we delve into the value of AP automation and how two of Basware’s Pharma and Biotech customers took control of their processes and spend by automating their AP operations.

Is now the time for finance departments to finally transform their operations and digitize and automate their accounts payable processes? Yes. And this blog explains just why.

Based on research by Forrester Consulting, we now have the quantified value and return on investment (ROI) of cloud-based P2P solutions such as Basware’s. Read about the savings and gains possible.

The days of the P2P suite are limited. Instead, procurement sourcing should consider vendors with a strong core solution and partner ecosystems allow plugins for specialized microservices vendors.

With Basware’s Spend Plans functionality, organisations can account for recurring spend, eliminate manual handling and improve process efficiencies. Leveraging this feature provides full spend visibility for accurate forecasting and financial planning.

With PEPPOL now expanding into more countries around the world, businesses must consider how it can be used across the purchasing process and throughout the whole procure-to-pay (P2P) process to extract greater benefits.

With the increasing usage of cloud-based operations over on-premise hardware, what’s the most effective way for businesses to upgrade their processes? This blog digs into Forrester’s research on just what firms can do and how cloud benefits organizations’ P2Ps.

Take a look at these eight different processes within accounts payable (AP) that can be automated to drive immense efficiencies across the finance function and the P2P workflow overall.

Take a look at these 3 real examples of ineffective supplier management and the consequences. Also, learn 4 best practices to combat supplier risk.