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A Corcentric Company.

November 26, 2019

November DetermiNews: Monthly Review of S2P & CLM

November DetermiNews: Monthly Review of S2P & CLM

Preparing for Business Growth: A look back at a month of resources.

The end of 2019 is all about gearing up for 2020, so our November (and December) resources are all dedicated to helping you prepare for business growth as you’ll read in this DetermiNews. Process automation across procurement and payables was a focus this month, for the simple reason that it makes a major contribution to efficiency, compliance and bottom-line impact. Not a bad way to start the year. Continue Reading

November 14, 2019

The Accelerating Rise of Cloud Platforms in Procurement

The Accelerating Rise of Cloud Platforms in Procurement

Procurement is going digital at an accelerating rate, and this transformation is critical for every organization – public and private. Not just for staying competitive and relevant, but for increasing the c-suite-level influence that is so crucial to driving enterprise strategy.

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October 17, 2019

3 Things P2P Pros Need to Know About AI

3 Things P2P Pros Need to Know About AI

Eliminating the Fear of AI.

As procurement professionals across the globe embrace the Digital Transformation and all of the changes that come with it, it would be remiss not to mention the hesitancy and scepticism that P2P pros also experience when it comes to certain advanced technologies — in particular, artificial intelligence (AI). An unfounded fear looms over this forward-thinking automation, with workers and industries alike suspecting that AI will eliminate entirely the need for a human workforce. However, a recent webinar sponsored by Corcentric reveals just the opposite. The webinar, 3 Things P2P Pros Need to Know About AI, defines artificial intelligence, breaks down its specific capabilities and uncovers the key benefits it provides to procurement.

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October 10, 2019

Procurement Uses AP Automation to Build a Culture of Collaboration with Suppliers

Procurement Uses AP Automation to Build a Culture of Collaboration with Suppliers

Your business can rise or fall based on the relationships you build with your customers. But are you ignoring the other essential relationships…the ones with your suppliers?

Collaboration has become a key component for success in a business environment that is increasingly global. Collaboration leads to transparency into transactions and trust between stakeholders.

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August 29, 2019

Assessing the True Cost of Tail Spend, Part 2

Assessing the True Cost of Tail Spend, Part 2

Using teams and technology to take culprit spend issues by the tail.

In Part One of this two-part blog series from our colleague Reggie Peterson, Director of Supply Programs at Corcentric, he explored the (considerable) list of challenges facing procurement in regards to controlling the tail-spending mavericks and rogues who cost companies significant amounts of money. In Part Two, he takes a closer look at another component of the problem —being “oversuppliered” — and digs into the measures and strategies available to get more spend under control.

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