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invoice automation

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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Supply Chain Risks and How to Overcome Them

The changes in business models in the past years have been huge. Start-ups are able to compete with global multi-national companies – thanks to the cloud. However, it is not all good when you abandon the old brick-and-mortar infrastructure. While third party suppliers and service providers allow you to be more innovative and they level the playing field against larger…

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Descartes Acquires Appterra

Strengthens Supply Chain Messaging Capabilities on the Descartes Global Logistics Network™ WATERLOO, Ontario, Oct. 12, 2016 (GLOBE NEWSWIRE) — Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired Appterra, a leading US-based provider of cloud-based business-to-business (“B2B”) supply chain integration solutions. For over eight years, Appterra has helped its customers…

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5 Things to Consider when Using the IoT for Supply Chain

With one device talking to another, the Internet of Things can potentially change the industrial sector. It creates a great opportunity for companies to streamline and get rid of the waste in expensive and inefficient supply chains. It also allows companies to control their external environment and execute decisions. With the IoT, equipment can communicate data such as temperature and operation…

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Supply Chain in the Future: Driving Innovation with Augmented Reality

Small businesses have caught a boost on their sales from Pokémon Go, an augmented reality game launched by Niantic. The game has been bringing in more customers and boosting their sales. It has helped businesses attract more customers and increase their revenue. However, this is only the start of the future of supply chain. The augmented reality trend is set…

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IoT and Its Effect on Small Businesses

The Internet of Things (IoT) is cast to impact our work and lives as the number of connected devices increases. As it expands, its effect on small business becomes more apparent. In the coming years, many business opportunities will be created as we welcome a more connected world. In the next few years, small businesses will be the major adopters…

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