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Optimizing Indirect Spend Management
Published on March 14, 2017 by Stephanie DulaOrganizations spend billions of dollars on indirect goods and services each year, which includes everything from basic office supplies and utilities to marketing services and airfare and everything in between. Indirect spend (spend on non-inventory goods or any good that …
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Realities in Tracking Procurement KPIs in 2017
Published on February 22, 2017 by Stephanie DulaOur recently released webinar, Growing Pressures & Opportunities in Procurement: Achieving More with Less, revealed a lot about the current state of procurement metrics and processes across industries. According to polls we conducted during this webinar, purchasing decentralization and siloed …
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Blockchain Could Transform Back Office Finance
Published on February 10, 2017 by Stephanie DulaWhen it comes to the global economy and disruptive technologies, the terms ‘blockchain’ and ‘bitcoin’ have been thrown about quite a bit in the past few years. But it can be hard to parse out exactly how these technologies work …
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Making Shared Services a Reality for Accounts Payable
Published on February 2, 2017 by Featured GuestThis post was contributed by Nilay Banker, founder and CEO of Inspyrus.
Savvy organizations are aggressively taking advantage of new technology and processes to dramatically improve Accounts Payable (AP) operations, often in conjunction with moving to a shared services …
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Three Ways to Boost Commercial Card Success
Published on January 23, 2017 by Stephanie DulaWe’ve just released our latest research report, the 2017 Electronic Payments report, and the findings show that many organizations still struggle to capitalize on many of the benefits offered by today’s ePayables tools. Commercial cards, which we use as …
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PayStream’s Top P2P Research and Events of 2016
Published on December 29, 2016 by Stephanie Dula2016 has been quite an exciting year for all of us at PayStream Advisors, and as it draws to a close, we’re revisiting some of the most significant P2P research and events that made it so memorable. At the top …
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Three Ways to Implement Data Capture Technology
Published on December 1, 2016 by Anna BarnettWhile the only true solution to the problems of manual-based invoice processing is found through the elimination of paper, there are a few different ways that companies can accomplish this. We’ve identified three primary methods companies can use to effectively …
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Omnichannel Retailing Demands Supply Chain Transparency
Published on November 23, 2016 by Stephanie DulaBlack Friday and CyberMonday are just right around the corner, but the holiday shopping season is already upon us. Today’s retailers compete in an unprecedented omnichannel environment where consumers demand faster shipping times, price-matching guarantees, larger and more diverse selection, …
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The 2016 Procure-to-Pay Navigator is Released
Published on November 22, 2016 by Stephanie DulaIf you haven’t heard the news, we’ve just announced the release of our 2016 Procure-to-Pay Navigator report. “Procure-to-Pay (P2P)” refers to the entire back-office lifecycle of requisitioning, purchasing, receiving, paying for, and accounting for indirect goods and services. The …
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Chrome River and Amadeus Announce Strategic Partnership
Published on November 17, 2016 by Stephanie DulaLast week, two of our partners and providers of advanced expense management technology, Chrome River and Amadeus, announced a strategic partnership to deliver integrated travel booking and expense solutions. Chrome River customers will now be able to take advantage …
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