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There are three new features — Intelligent Collections, Intelligent VendorManagement and Intelligent Planning — which are intended to remove time-wasting steps and friction and improve cashflow for corporate finance teams, the release stated.
The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. Efforts to modernize procurement and accounts payable are also opportunities for data integration with the ERP.
Cost Control and Expense Management Efficient cost control is a part of maintaining healthy profit margins. We'll discuss expense tracking tools, negotiation tactics, vendormanagement, and other strategies to keep your costs under control. Check out , this resource to get a head start on controlling your expenses.
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