E78 Partners

JUNE 2, 2023

Key Strategies for Effective Spend Management Below are proven strategies for CFOs to enhance spend management, complemented by our firsthand experiences of supporting businesses with these approaches. Before proceeding, we conducted a 6-month historical audit and uncovered $250,000 in billing errors from the supplier.

Auditing 52

Auditing Vendor Management Leverage Leadership 52

PYMNTS

AUGUST 6, 2019

Dubbed Trust Your Supplier, the blockchain network enables businesses to more efficiently validate and onboard their vendors while maintaining a secure audit trail of buyer-supplier interactions down the supply chain, reports in ZDNet said Monday (Aug.

Vendor Management 46

Vendor Management Auditing Risk Management Securities 46

CFO Selections

SEPTEMBER 11, 2023

Typically, these include banks and other capital providers, investment advisors, key software vendors, insurers, benefits and retirement services brokers, HR/payroll service providers, and audit and tax experts. Other than client relationships, these are often among a company’s most important business relationships.

CFO 52

CFO Auditing Investments Banking 52

PYMNTS

MARCH 10, 2020

Supplier management is an increasingly important part of the AP process, though can be more difficult to automate. New automation capabilities from procure-to-pay solution provider Zycus aim to support a streamlined vendor management process, including contract management.

Accounts Payable 57

Accounts Payable Invoicing B2B Vendor Management 57

PYMNTS

JUNE 23, 2016

“The tools they have are to go tear up the floorboards and assess those organizations — to send out a team of people to do security audits, inspections, questionnaires. “Usually, within the banks, it’s the procurement function that’s accountable for managing vendor risk,” Clare explained.

Vendor Management 40

Vendor Management Auditing Securities Banking 40

PYMNTS

JULY 14, 2016

SirionLabs provides multinational companies with a way to manage and analyze supplier contracts and provide auditing and other solutions with the information. “Traditional procurement technology doesn’t cut the ice; managing the vendor after signature is the order of the day.”

Auditing 40

Auditing Accounts Payable B2B Invoicing 40

PYMNTS

NOVEMBER 22, 2016

For B2B buyers, they include the human error of manual data entry, the risk of fraud and a transparent audit trail; for the vendors managing accounts receivable, those challenges include delayed payments or long payment cycles. Sound familiar? Indeed, these are issues facing companies of all sizes across all markets today.

B2B 65

B2B B2C Vendor Management Reconciliations 65