Remove expense-reconciliation
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The Month-End Close Process: Everything You Need to Know

Procurify

Month-end close processes vary from organization to organization, but here are some things that should be completed every month-close cycle: Record all revenue and expense transactions and accrued liabilities such as payroll, taxes, and interest expense. Reconcile and record expenses, supplier invoices, and accounts payable.

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Invoice Reconciliation: What Is It and How To Manage It

Planergy

We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with PLANERGY. Invoice Reconciliation: What Is It and How To Manage It. What is Invoice Reconciliation? Why is Invoice Reconciliation Important? More Customers.

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Do you have a Freight Management Strategy or are you Spinning your Wheels?

Supply Chain Game Changer

But I’ve seen instances where Freight is one of the top 5 largest expenses within a company. As mentioned in our blog post Freight and Logistics (Part 1) – Why don’t you have a TMS Solution yet? Most everyone felt they were doing a good job already. Transportation Management System (TMS).

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The Future of Spend Analysis: Trends to Watch Out For

Empowering CPO

In this blog, we will delve into the exciting future of spend analysis and discuss the key trends that forward-thinking organizations should watch out for. These technologies enable organizations to collect, analyze, and visualize spend data instantaneously, eliminating the need for manual data entry and time-consuming reconciliations.

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Business process management (BPM) examples

IBM Supply Chain Blog

Benefits: Streamlined service request handling Centralized knowledge base access Enhanced customer satisfaction and loyalty Financial management BPM is used to streamline financial processes such as budgeting, forecasting, expense management, and financial reporting. This created an expensive problem.