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The Exela Blog
Read. Discover. Apply. Repeat
Treasurers are finding the risk and compliance environment of concentrated treasury technologies to be increasingly difficult to navigate. They would prefer banks to provide a more streamlined platform that provides integrated offerings, which would allow them to move to a non-bank infrastructure....
Treasurers are finding the risk and compliance environment of concentrated treasury technologies to be increasingly difficult to navigate. They would prefer banks to provide a more streamlined platform that provides integrated offerings, which would allow them to move to a non-bank infrastructure....
In this new era of the Internet of Things, where devices can automatically collect, aggregate and analyze data to identify predictive user trends, technology gives people the capability to monitor their health in many ways that help them take steps to become healthier. “Smart” technology like the...
The immediate benefits of transitioning to a paperless office are obvious: cost savings from using less paper, reduced storage space designated to maintain physical paper records, and the environmental impact from contributing less waste to landfills or recycling systems. Despite those cost-saving...
Counting and tracking pennies for any opportunity to save money is good business sense. Oftentimes, though, companies—no matter how big or small—overlook a chance to save money in the very system they use to count those pennies: the accounts payableprocess. The missed cost-saving opportunities are...
It is estimated that approximately 95 percent of all businesses experience some level of employee theft. Unfortunately, your organization is far more likely to have a “trusted” employee steal from you than a customer. A business process outsourcing company can offer an additional layer of AP...
Many travelers may not realize it, but the operations at hotels and resorts around the world run at full tilt 24/7. Knowing the front-end faces that greet guests coming onto the property is easy: doormen, valets, front desk, concierge, servers, guides and room service. But the back-end has its own...
Manually intensive accounts payable procedures significantly impact the bottom line, with companies spending huge amounts each year processing invoices, performing purchase order matches, addressing defects and responding to vendor inquiries. An organization can turn to an experienced business...
Suffering is something with which many accounts payable professionals — groaning under the burden of error-prone, manual processes — are all too familiar. Nirvana, in the form of accounts payable outsourcing and AP automation, awaits. The definition of insanity is doing something the same way, over...