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eRFP: What it is and How it Works

ProcurePort

But what is eRFP and how exactly does it work? The post eRFP: What it is and How it Works appeared first on ProcurePort Blog. Procurement officers are embracing this change because automation is allowing them to be more efficient. An example of software that’s eased life for enterprises is eRFP. What Is eRFP?

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An Introduction to Contract Management: How does it Work?

ProcurePort

The post An Introduction to Contract Management: How does it Work? . • You see, according to analysts from PricewaterhouseCoopers, effective contract management can save businesses up to 2% of their annual costs. And without an efficient contract management strategy, companies stand to lose 9.2% of […].

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Automated Invoice Processing Software: How it Works

ProcurePort

The post Automated Invoice Processing Software: How it Works appeared first on ProcurePort Blog. Automated invoice processing often includes the automation of specific invoicing functions. The most automated areas in […].

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How Machine Learning Works, Benefits and its Applications

SCMDOJO

This blog explains in simple words How Machine Learning Works, its Benefits & its Applications in the fields of banking, medical etc. How Machine Learning Works Numerous algorithms are used in machine learning, each with a specific purpose. Here are a few instances from real life: Disease Detection.

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Making A Bigger Impact with Automation

Speaker: Nadia Asoyan, VP of Finance at Trusted Health, and Amer Ali, VP of Finance at Netlify

We’ll also explore how to evaluate accounting software to ensure that your tech stack works for your company’s needs today, and that it will scale into the future. Learn about the automation mindset behind some of the most efficient companies.

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What Is a Purchase Order & How Does It Work?

ProcurePort

The post What Is a Purchase Order & How Does It Work? A purchase order details the products, services, or merchandise the buyer agrees to buy at a certain price. It also details the delivery date and the terms of payment for the buyer. The emergence of purchase order software has […]. appeared first on ProcurePort Blog.

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3-Way Invoice Matching: What It is, How It Works, & Why You Should Use It

ProcurePort

The post 3-Way Invoice Matching: What It is, How It Works, & Why You Should Use It appeared first on ProcurePort Blog. By matching these documents, three-way matching provides an efficient way for businesses to confirm and verify payment details before issuing payments to vendors and suppliers.

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Best Practices for a Marketing Database Cleanse

How to assess the current health of your database while working with a B2B contact data provider. As frustrating as contact and account data management is, this is still your database – a massive asset to your organization, even if it is rife with holes and inaccurate information. What’s involved in their maturity process?

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Virtual Cards — Everything You Need to Know

Speaker: Eoin Hession, Controller at Recharge

Even though virtual cards have been part of the payments system for over ten years, there remains a lack of clarity around how they work and their value to companies large and small. In this webinar, Eoin Hession, Controller at Recharge, talks about how his company uses virtual cards in their operations.

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Best Practices for Accelerating the Sales Process

Think about it: with outbound prospecting, requests from management, scheduled demos, and inbound calls, chaos can quickly work its way into your strategy, deeming a “speed wins” selling mentality downright ineffective. The bottom line is that, in B2B sales, speed is useless without control. What's covered: Targeted prospecting.

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S&OP Reimagined: Overcoming the New Normal with a Revamped S&OP Process

Speaker: Fernando Penteado, CPSM - Supply Chain and Logistics Executive, Global Markets Expert, and International Speaker

How should the S&OP process evolve to face these challenging times? The still-persistent effects of the pandemic have made it clear that the skills and tools that characterize traditional S&OP are not enough to respond to unprecedented interruptions.