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…
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…
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…
E-Invoice: Everything You Need to Know
E-invoice, also known as an electronic invoice, is the exchange of a receipt paper between the vendor and the purchaser…
Procure-To-Pay Procedure: Everything You Need to Know
Businesses employ the procure-to-pay procedure to ensure efficient procurement. It entails connecting accounts payable and purchasing software to manage each…
Hybrent Combines with Serent-Backed Procurement Partners
Creating World-Class E-Procurement Solution for Healthcare Providers Hybrent, an e-procurement solution provider to ambulatory surgery centers, physician offices, and post-acute…
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.…
Why Collaboration Between Procurement and Finance Helps the Company? Everything You Need to Know
The other verticals within the organization do not appreciate the business value created by the procurement team. Developing the financial…
10 Concerns Keeping Procurement Leaders Awake at Night: Everything You Need to Know
Procurement leaders are constantly thinking about what they can improve regarding their procurement process and strategies. Procurement leaders need to…
7 Accounts Payable Metrics That Will Grab Your CEO’s Attention: Everything You Need to Know
Accounts payable are short-term liabilities that must be paid based on the suppliers agreement. Nevertheless, we all know that merchants…