Recently, our office, along with other floors in the same building, was burgled. Luckily for us, it was during the early hours of the morning when no one was in. On our floor alone,...
Category: Accounts Payable
Fraud is a serious risk that companies face in this complex global business environment. A 2008 study has shown, nearly 1/3 of companies had experienced a fraud in relation to payments. Switching to an EFT solution such as B4B, which includes PGP (Pretty Good Privacy) Encryption as an option as appose to relying on cheques and manual payment processes can provide reassurance, better security and complete knowledge of payments being made.
Things are moving swiftly in the payments market. More and more people that I know, no longer carry any cash around with them. Gone are the days of being weighed down by copious amounts...
I had some discussions recently regarding a multinational replacing a pretty, but poorly functioning eProcurement system with iPOS for SunSystems and an old joke popped into my head.
How many psychiatrists does it take to change a light bulb?
Recently Professional Advantage ran a survey of 25,000 iPOS procurement users worldwide. The survey posed the question “If your organisation had an objective to decrease the accounts payable (AP) effort by x days per month, what would you target to achieve this objective?”