4 min read
As a business, getting your invoice paid on time is a matter of good courtesy to your buyer. Everyone will agree on that. But in order to pay on time, suppliers need to make it as easy as possible for their buyers. And that...
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3 min read
Despite the fact that indirect spend is usually no more than 20% of corporate spending, the ordering frequency is usually much higher than for direct...
4 min read
The purchase to pay process of corporate organizations consists of several strategic processes (sourcing, contract management) and operational...
2 min read
Many corporate organizations lack sufficient visibility into their expenses. Particularly with goods and services for secondary activities, the...
2 min read
When expenditures are made within a corporate organization without the oversight or control of Purchasing, we speak of maverick buying. This...
3 min read
In corporate organizations, the Procurement and Finance departments have traditionally been separated; regularly they even reside in other offices....
2 min read
Paper invoices may be increasingly rare; electronic invoices, on the other hand, are still not popular. On average, 74% of...
3 min read
In practice, I see very few companies using payment discounts. This is remarkable, because payment discounts allow companies to...
3 min read
Accounts receivable management is an important component in controlling working capital. So wrote a colleague at sister company Diesis recently in a...
2 min read
The maximum legal payment period from big business to small and medium-sized enterprises (SMEs) has been reduced from 60 to 30 days. As of July 1, 2022,...
We are purchase-to-pay partner for organizations, institutions and governments. We feel particularly at home in large and complex administrations, such as the use of multiple ERP systems.
