Ever since the first industrial revolution redefined the concept of manufacturing, technologies have continually reshaped the business landscape. Manufacturing, once meaning “to make by hand,” […]
Understanding Enterprise Risk Management (ERM)
While the pursuit of risky business worked out just fine for Tom Cruise back in the ’80s metroplex, modern businesses know that the secret to […]
A Complete Guide to Business Process Automation: What It Is and Why It Matters
Business process automation refers to the use of technology to execute recurring tasks or processes in a business where manual effort can be minimized or […]
Understanding Blockchain: What It Is and Why It Matters
In our technology-driven society, new ideas constantly emerge, often accompanied by trendy buzzwords and lofty promises. Many of these innovations claim to revolutionize, simplify, and […]
Unlocking the Power of Spend Analysis: How to Use Your Data Wisely
Spend analysis is a critical business process that involves the collection, cleansing, classification, and analysis of expenditure data to reduce procurement costs, improve efficiency, and […]
Understanding AP Automation: A Complete Overview
AP automation, or accounts payable automation, refers to the use of technology to streamline and digitize the accounts payable process within a company. This transformation […]
Starting a Small Business After Service: A Veteran’s Guide
People from all walks of life start new small businesses every day. Veterans of the armed forces are an especially entrepreneurial group, transitioning from military […]
Enhancing Vendor Risk Management: Proven Best Practices
Like most companies, your organization depends on vendors to deliver the goods and services needed for daily operations. These relationships bring value but also introduce […]
Effective Strategies for Vendor Risk Assessment
Vendor risk assessment is a critical process in both vetting new suppliers and the ongoing monitoring of existing ones. It helps organizations identify, analyze, and […]
Enhancing User Engagement Through Adoption Best Practices
New technology implementations such as customer resource management systems, enterprise resource planning platforms, or automation-driven procurement solutions are typically seen as exciting investments. These tools […]