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Procurement
3 reasons you shouldn't use your ERP for procurement to pay
After deciding to transform your purchase-to-pay solution to the cloud, your next question might be “what’s next?” Take a look at what’s expected at each step of your transformation to the cloud with Basware.
The free market has always been that – free. So, what happens when open commerce is threatened by a changing global commerce landscape? Learn how procurement and finance professionals are combatting the threat.
In order to manage and reduce supplier risk, it’s important to adopt an always-on, automated, and systematic approach to monitoring your suppliers. Here’s how Basware’s newest Vendor Manager feature can help.
Basware’s new feature, SmartOrders, simplifies the purchase order process by allowing buyers to send POs via email and suppliers to receive, respond, and flip the PO into an invoice all from an actionable email.
“Visibility” is the million dollar word in the procurement landscape. But not all purchase-to-pay softwares can deliver on their promises. Building awareness of the potential pitfalls is key to your organisation’s success.
Basware’s new Approval Confidence Index scoring makes it easy to choose items for purchase and approve or deny requests. Using transactional data, it scores transactions on a 1-10 scale for quick decision-making.
Not just aligning, but integrating your Finance, Procurement, and Treasury departments can bring cross-departmental efficiencies and open the door to better purchase to pay.
Procurement professionals should look to an Asset Management tool as a way to achieve their cost savings goals and get more spend under management.