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5 Questions to Ask Internal Stakeholders Before Changing Your Source-to-Pay Process
Published on June 7, 2017 by Featured GuestThis post was contributed by Deepesh Jethwani, Consultant at GEP
Most of us, by default, are resistant to change once we are used to something. After a certain point, inertia kicks in and we sometimes resist change instead of adopting …
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Key Takeaways from the Latest S2S Research
Published on June 5, 2017 by Anna BarnettVery few companies have a fully automated Source-to-Settle (S2S) solution in place to manage spend holistically. PayStream’s most recent research shows that while many organizations have adopted individual solutions for parts of the spectrum, no vertical or revenue segment has …
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Coupa Announces Launch of Open Buy with Amazon Business
Published on May 22, 2017 by Stephanie DulaSeveral of our team members here at PayStream attended the the annual Coupa Inspire conference in San Francisco last week, where Coupa made several strategic announcements. The company announced its latest product release as well as the launch of Coupa …
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Seven Accounts Payable Metrics to Drive Process Improvement
Published on May 4, 2017 by Anna Barnett“What gets measured gets improved” is an old adage which is still very applicable to any business, or for that matter any task. The accounts payable process has a number of moving parts and people and unless certain metrics are …
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Expense Management Metrics: Cost Per Expense Report
Published on May 1, 2017 by Stephanie DulaToday’s travel and expense reporting and management software market offers affordable, scalable solutions for organizations across industries. Savvy expense and travel managers have utilized them to cut costs and improve visibility into employee spend, an area that has traditionally been …
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A Customer-Centric Mindset: Ivalua NOW Recap
Published on April 19, 2017 by Anna BarnettPayStream Advisors was recently invited to attend Ivalua NOW, a small technology conference held in NYC. The conference was put on by Ivalua, a global Source-to-Settle (S2S) and Procure-to-Pay (P2P) solution provider that has been a PayStream partner …
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What is the Difference Between Procurement and Sourcing?
Published on April 7, 2017 by Stephanie DulaThe terms ‘procurement’ and ‘sourcing’ are often used in close association. This isn’t surprising, since the two functions share a strong interrelationship with an organization’s suppliers. PayStream Advisors’ analysts view sourcing and procurement as separate, albeit related, points along the …
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Key Takeaways from Concur Fusion—A Look at Where the Travel and Expense Management Leader Is Going in 2017
Published on March 27, 2017 by Stephanie DulaLast week, the PSA team attended Concur’s annual conference to see what new innovations they were releasing, and how they are maintaining their position as the TEM market leader. We were able to gain insights through several keynote lectures, break-out …
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Tradeshift Acquires IBX to Enhance Global Source-to-Pay
Published on March 21, 2017 by Stephanie DulaEarlier this month, Tradeshift announced the acquisition of Capgemini’s IBX Business Network. According to the press release, this merger will enable Tradeshift’s business commerce platform to see an increase in transacted value to more than half a trillion dollars over …
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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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