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ACH: Everything You Need to Know

ACH transactions are online, bank-to-bank funds transfer filtered with the help of an Automated Clearing House (ACH) Network. The ACH network, according to Nacha, the organization in charge of these

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AP Automation: now or never?

Accounts payable (AP) automation refers to software that enables companies by diminishing hand-operated duties and freeing up the funds’ flow. With the help of AP automation, businesses can submit bills,

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Procurement Partners Continues Investment in Executive Team to Capitalize on Growth

Procurement Partners, a leading provider of healthcare spend management and procure-to-pay technologies, announced it has appointed two new executives  – Andrew Conway as Chief Financial …

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Procurement Partners Welcomes Troy Thibodeau as Chief Marketing Officer

Procurement Partners, a leading provider of healthcare spend management and procure-to-pay technologies, is proud to announce it has appointed Harmeet Singh as President and CEO …

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Procurement Partners Names Harmeet Singh President and CEO

Procurement Partners, a leading provider of healthcare spend management and procure-to-pay technologies, is proud to announce it has appointed Harmeet Singh as President and CEO …

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Making a Case for Procurement Automation

The majority of businesses have issues with certain aspects of the procurement process. Supplier management, buy requisitioning, invoice capture and invoice matching are just a …

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Bundled Payments: Everything You Need to Know

Bundled payments are a form of Alternative Payment Models (APM). It refers to the compensation, in which the payment is made for a single episode …

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9 of the Most Important Areas to Track Procurement Metrics: Everything You Need to Know

Procurement metrics are performance measurement tools employed to measure and assess the effectiveness of a company’s procurement administration. These KPIs or metrics assist a company …

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Vendor Relationship Management: Everything You Need to Know

The procurement process, in general, involves two to three different parties. They are the client company, a distributor and a vendor or supplier. However, in …

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Need to Reduct Costs? Smarter Spend Analysis is Key

Every business strives to reduce operating costs across the board while boosting profitability, but it’s not easy. Businesses that do not gather and analyze internal …

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Top Procure-to-Pay Trends You Can’t Ignore

The procure-to-pay process is a series of interconnected and synchronized actions performed to meet a need for products or services in a timely and cost-effective …

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EDI Invoice – Everything You Need to Know

Often referred to as Electronic Data Interchange or EDI, an EDI invoice is a digital version of an invoice or a bill that would otherwise …

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What Does OCR Stand For?: Everything You Need to Know

OCR is an abbreviation for “Optical Character Recognition.” It is a technique that detects text within digital images or digitized documents. Any picture or a …

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ACH: Everything You Need to Know

ACH transactions are online, bank-to-bank funds transfer filtered with the help of an Automated Clearing House (ACH) Network. The ACH network, according to Nacha, the …

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