Is E-Invoicing the Wave of Future?
Big data is already changing the ways companies engage in sales, marketing and operations. And its impact is not expected to stop there. Tradeshift CEO Christian Lanng predicts big data’s next big move is into the fields of finance and procurement, with a massive shift into the world of e-invoicing.
Expense Management, Invoice Management, SaaS and Cloud for AP3 IT Certainties for CFOs in 2015
Whether you’re a CFO or CEO, IT is likely a foundation of your business. And whether it’s for order management or expense management infrastructure or software, you’ll need a continued focus on IT in 2015. Here are 3 certainties in the IT landscape that you will need to address with your IT department.
Expense Analytics and Reporting, For CFOsWhat Did Marilyn Monroe Wear When Traveling With Her Boss?
Not the same thing you would wear when traveling with your boss—that’s for sure! So, is there actually such a thing as etiquette when traveling with your boss— and guidelines on what to wear? Indeed! One man taking his first ever business trip found out the hard way. Here are some tips to follow that will keep you in the comfort zone and make you shine like the professional that you are when traveling with the Big Kahuna!
Expense Management, For CFOsWhat Do Victoria’s Secret, Big Data and Predictive Analytics Have in Common
2014 was the year that talk of Big Data seemed to be everywhere. From office water coolers to dinner parties, conversation included talk of data, predictive analytics, and the cloud.
For CFOsThe Next Big Thing in Corporate Travel Expense Management – Virtual Card Accounts
Implementing virtual card accounts in your corporate travel process can offer better travel data collection, prevent fraud, and improve your existing expense management processes. In the world of corporate travel and expense management, it’s the next big thing.
Expense ManagementExpense and Invoice Management Ethics 101
There are plenty of news items about corporate fraud involving supplier kickbacks and dishonest expense report schemes. Most of the examples are concerning because of the depravity, but some are rather funny.
Expense Management, For Travel Managers, FraudHow One Employee got Marijuana Expenses Approved and Paid
Pot, weed, mary jane, cannabis, edibles – or as they call it today – “medical marijuana,” doesn’t seem like a likely item to turn into your boss on a expense report, does it? But, that’s exactly what a TV reporter from KPIX, a San Francisco CBS affiliate, did when he submitted $600 worth of expenses for all kinds of “high-quality medical marijuana.” Interesting expenses, right? If you were the reporter’s boss, would you approve these expenses? Well, turns out, the expenses were actually legitimate.
Expense Management18 Days and $36 for an Expense Report? That’s Cray Cray!
We tend to assume that technology will help speed up whatever we’re doing, right? We can share photos with our families and friends in seconds rather than days, shift money from one account to another without stepping inside a bank, and so on. But sometimes the reverse is true of technology—think of how painful it can be to navigate through a complicated voicemail system.
Expense Management, Expense ReportsIs there a Large Enterprise Exodus to the Cloud?
A new report this week indicates that over half (53%) of large enterprises are either already moving Big Data within their organization to the public cloud or are considering a move to the cloud for analytical processing. Further, only 13% of enterprises say they would only use private data centers for processing all analytics. Clearly, there is a concerted push to the shared public cloud.
For CFOs, SaaS and Cloud for APCFO Should Hire Givers, Not Takers
It’s natural for most of us to want to do things better. We want to be better managers, better co-workers, better employees and, in general, better people. Unfortunately, it’s also just as easy for us to get lost in the hassle of daily life and simply waste time. As any executive knows - time is money. The less your department or team procrastinates, the more productive your organization will be and the more it will benefit. Whether it’s making sure each employee enters data accurately into your expense management software or delivers the weekly report your client needs - here are some surefire ways to curb procrastination and increase efficiency.
For CFOs, For Travel ManagersSearch
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Our choice of Chrome River EXPENSE was made in part due to the very user-friendly interface, easy configurability, and the clear commitment to impactful customer service – all aspects in which Chrome River was the clear winner. While Chrome River is not as large as some of the other vendors we considered, we found that to be a benefit and our due diligence showed that it could support us as well as any large players in the space, along with a personalized level of customer care.
We are excited to be able to enforce much more stringent compliance to our expense guidelines and significantly enhance our expense reporting and analytics. By automating these processes, we will be able to free up AP time formerly spent on manual administrative tasks, and enhance the role by being much more strategic.