i2B Procure to Pay Software
In today’s fast-paced business environment, efficiency and accuracy are paramount. Purchase-to-Pay (P2P) systems like i2B play a crucial role in streamlining procurement, invoicing, and payment processes. However, to maximize their potential, these systems need to be seamlessly integrated with Enterprise Resource Planning (ERP) systems.
Depending on the services needed, many businesses will need to make a decision between paying for Saas based software or investing in an on-premise solution.
Why you should implement best-of-breed rather than relying on your ERP
Keyword: Why you should implement best-of-breed rather than relying on your ERP
Meta: Best-of-breed solutions are designed to help businesses streamline operations, optimise supply chains, and reduce waste, making them a more focused and effective choice than ERP systems.
Procurement Key Performance Indicators (KPIs) are metrics used to measure the performance and effectiveness of an organization’s activities. Metrics can include cost savings, spending, and supplier performance.
Any strike has the potential to cause disruptions and delays in the transportation of goods, and derail production and distribution. This can lead to increased lead times for shipments and difficulties in maintaining adequate service levels.
5 benefits of using Blockchain technologies in your Procure-to-Pay Process By now, most people have heard of cryptocurrency, digital or virtual currencies which include coins like Bitcoin, Ethereum, and smaller Alt-coins. Cryptocurrency fast became an investor favourite (maybe not so much recently!) and has increasingly been adopted in business and the mainstream market. Many of […]
May 2022 Availability of 3rd Party Systems for your supply chain Outsouring your supply chain needs to a 3rd party provider can be a cost effective way of doing business. Featuring smooth integration tools and with many software programs hosted in the cloud, the increased value and reduced cost benefits many businesses. While 3rd […]
April 2022 Why Companies Should use Cloud-Based Supplier Onboarding SaaS Onboarding your suppliers with a defined and streamlined process not only ensures smooth integration with your systems but in this age of data protection legislation it can be essential to keep you in legal compliance when setting up new vendors in ERP or accounting software […]
March 2022 Benefits of using punch-out catalogues Accessing a supplier’s product range using a digital system that integrates with the buyer’s procurement software is made possible using a punch-out catalogue. These hosted catalogues allow suppliers to list their goods in a standardized format so that purchasers can easily browse and search or make price comparisons […]
February 2022 Tracking business components like products, manufacturing costs, or materials can become complex if you are a business that sources different items from multiple suppliers. Along with monitoring orders and delivery schedules there is the matter of managing cost. Frequently, the same item or materials can be sourced from different suppliers so having the […]
