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4 Common Supply Chain Pitfalls and How to Prevent Them

The role of the supply chain in an enterprise’s operations are changing. Businesses continue to create value for their customers by providing fast delivery right to their doorsteps and optimizing websites for more convenient mobile experience. While these changes are occurring, several supply chain pitfalls also emerge. This should not be a surprise, considering the number of suppliers involved in a…

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B2B eCommerce Changes Supply Chain Management and Operations

B2B ecommerce is short for business to business electronic commerce. It refers to the selling of products and services between businesses through an online sales portal. Basically, a business makes its client’s business thrive by directing all its resources to make processes simpler and faster – to boost efficiency, productivity, and profitability. It requires a blend of design, user experience,…

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E-invoicing: The Best Way to Succeed in a Competitive Environment

E-invoicing is used by trading partners to present and monitor transactional documents and ensure that the terms of the trading agreement are being met. In this context, trading partners include customers, suppliers and vendors. It provides customers with convenience, accuracy and speed when managing their order-to-cash process so businesses can increase the level of their customers’ satisfaction. If you have…

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6 Qualities You Should Look for in a Cloud-Based ERP Service Provider

Many enterprises today recognize the power of cloud-based ERP. They are no longer concerned about security and reliability of cloud applications because cloud providers have proven that they can deliver well, and perhaps even better than the largest multinational companies. When it comes to ERP, it is not a matter of whether they are willing anymore. It is a matter…

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EDI and Invoice Automation Solutions: Accelerating Payment Cycles

In today’s technology driven world, the expectations of vendors and customers are high. Strategic innovation and optimization of business processes are required to achieve future success. That’s why companies are faced with increasing pressures to accelerate payment cycles with EDI and invoice automation solutions. Most have already introduced ERP systems to automate their repetitive administrative tasks. Eighty percent are yet…

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IoT technology

IoT Technology: The Road of Businesses to Success

The Internet of Things is predicted to become the driver of productivity for the next decade. According to Gartner, 20.8 billion Internet-connected devices will be used by 2020 and over half of new businesses will be incorporating some element of the IoT technology. Since almost everything is online these days, your business will generate more data. You need to analyze…

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supply chain inventory optimization

How Supply Chain Inventory Optimization Minimizes Costs

Many companies struggle with supply chain inventory optimization. They need to overcome distributed data and inventory, navigate complex networks of locations, and manage configurations of thousands of parts. Without the right solution, they will blindly make decisions critical to their business operations. To navigate these obstacles, organizations need to: Integrate inventory management to the planning process. Inventory management is the…

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E-Invoicing: Eliminating Paper in Procurement

Are you looking to improve sustainability in your procurement process? Reducing paper use is the easiest way to do it. It is a win-win situation for companies. Paper invoices do not only destroy trees, but also create problems in organizations by decreasing visibility. As a result, you experience inefficiencies and increased transactions costs. By eliminating paper in your procurement process…

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