The Future of Finance: 5 Predictions For Digital Transformation in 2022 And Beyond
The world of finance is constantly growing and evolving, meaning that in order to succeed, organizations must always be on the ball and ready to meet changes head on. See the top five crucial predictions for the future of finance into 2022 and beyond.
Expense Analytics and Reporting, For CFOs, Fraud, SaaS and Cloud for APWorried About Business Fraud? Use This B2B Pandemic Payment Fraud Checklist
Learning that the U.S. suffers the most credit card fraud in the world may not surprise you. But did you know that global payment card fraud losses reached $28.65 billion in 2019? That’s a lot of fraudulent transactions.
Fraud5 Reasons Why Finance & Procurement Work Better Together
Finance and Procurement—departments that used to operate on a mostly independent basis—are rising to the challenge and finding new ways to work together and build back that trust to drive better outcomes.
Expense Policy, For CFOs, PaymentsMeasure What You Manage: How to Make The Case for AP Automation With ROI To Your CEO
Technology plays a key role in almost all business processes, from marketing to payroll and even retirement funding. Accounts-payable (AP) automation is one such valuable tool, but many businesses find themselves wondering if it’s worth the switch.
Accounts Payable, SaaS and Cloud for APA Brave New World: 3 Ways for Finance Teams to Navigate the Post- Pandemic Landscape
“Change is the only constant in life.” These were the wise words of Greek philosopher Heraclitus, and they hit closer to home now than ever before. The COVID-19 pandemic shook up the world and work as we knew it, leaving many organizations scrambling to figure out how to survive and what to do next.
Expense Management, For CFOsUnlock AP Success: 3 Topics Every CFO Should Discuss With Their Controller
A recent study showed that 80% of companies have been negatively impacted by the pandemic, with cash flow being a primary issue. Now more than ever, CFOs must embrace their new role as an architect of business value. Optimizing operational costs is key to that endeavor.
Accounts Payable, For CFOsEfficiency and Intelligence Are AP’s Pandemic Game-Changers
Although the pandemic began over 1.5 years ago, it continues to impact every enterprise function. In fact, 80% of organizations report being negatively impacted by the pandemic, according to an Emburse survey.
Accounts Payable, For CFOs, SaaS and Cloud for AP4 Tips for Month-End & Year-End Closing That Finance Managers Should Know
Anyone working on a finance team knows exactly how stressful accounting periods are. There are a ton of last-minute requests, unexpected bottlenecks, and unpredictable delays that arise from running both accounts payable and receivables while maintaining the highest quality and compliance standards.
Accounts Payable, Expense Management, Expense Policy, Expense Reports, For CFOs, FraudDon’t Moose Around! Be the Best-in-Class Accounts Payable Team in 2022
Have you seen this video of a moose on the loose blocking traffic on a highway? The lesson here is simple: your accounts payable function can’t have bottlenecks. And those bottlenecks will slow down processes and waste company time, money, and opportunities in 2022.
Accounts Payable, Invoice ManagementThe Path to Better Company Spend Management: 4 Spend Data Analytics Trends You Should Know
Since the COVID-19 pandemic arrived, more companies have been forced to rethink the way they budget and spend money. For instance, 49% of businesses reviewed supplier terms and 46% reviewed customer payment terms in 2020 alone.
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Our choice of Chrome River EXPENSE was made in part due to the very user-friendly interface, easy configurability, and the clear commitment to impactful customer service – all aspects in which Chrome River was the clear winner. While Chrome River is not as large as some of the other vendors we considered, we found that to be a benefit and our due diligence showed that it could support us as well as any large players in the space, along with a personalized level of customer care.
We are excited to be able to enforce much more stringent compliance to our expense guidelines and significantly enhance our expense reporting and analytics. By automating these processes, we will be able to free up AP time formerly spent on manual administrative tasks, and enhance the role by being much more strategic.