Expense Management

Ila Imani

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Top Stories by Ila Imani

With increasing pressure on CFOs to shave off (yet another) 5-10% of spend each year (!), what better way than to look at expense management and procure-to-pay solutions? Expenses have often been the “invisible dragon” in the room – eating away at the profitability of your enterprise. CFOs and CPOs can tame the “beast” with […] The post 10 ways to Reduce Expenses with effective automation of A/P and Procurement appeared first on Expenzing Blog. ... (more)

Why Are CFOs Going Beyond ERPs In Their Quest For Better Financial Controls?

Finance leaders around the world are reimagining their future. They are looking at ways to be true business partners to the CEO. Ways in which Financial insights can shape their organization’s strategy. However, to do all of this, Finance leaders must set their house in order. As long as there is chaos, or inefficiencies, there […] The post Why Are CFOs Going Beyond ERPs In Their Quest For Better Financial Controls? appeared first on Expenzing Blog. ... (more)

Build Strategic Value Into The Long Tail Of Procurement

Procurement has traditionally focused spend management efforts on their firm’s largest suppliers, the vital 20%. These efforts have produced the expected returns but years of cost cutting with large suppliers have squeezed out most of the savings to be gained. Pete Loughlin wrote in Purchasing Insight that ignoring tail spend is potentially leaving huge amounts […] The post Build Strategic Value Into The Long Tail Of Procurement appeared first on Expenzing Blog. ... (more)

Compliances Without Roadblocks?

Do you believe that compliance policies are actually roadblocks to achieving your objective at work? A majority of us will agree to this, at some point when we have faced an issue and confronted the accounts payable team. The common grounds for claims rejection are “not as per company policy”, while the employee’s response is, […] The post Compliances Without Roadblocks? appeared first on Expenzing Blog. ... (more)

The Changing Role of Technology in Finance

Industries are witnessing rapid innovation in technology that are impacting businesses at various levels. From digital payments to online processes every business is moving towards becoming more agile. The roles, duties and expectations from each department is evolving as they adopt to this new order. The Finance and Accounts Payable units led by the CFO […] The post The Changing Role of Technology in Finance appeared first on Expenzing Blog. ... (more)