For businesses handling large volumes of supplier invoices, errors and discrepancies in payments can lead to cash flow problems, disputes, and compliance risks. This is where the two way match process in accounts payable plays a crucial role. By verifying invoices against purchase orders, two way matching helps finance teams eliminate overpayments, prevent fraud, and […]

For businesses handling high volumes of transactions, Days Sales Outstanding (DSO) isn’t just a finance metric—it’s a direct indicator of how efficiently cash moves through your business. A mismanaged DSO can lead to liquidity issues, stalled growth, and reliance on external financing. Many companies focus on chasing overdue invoices, but the real opportunity lies in

E-invoicing rules and regulations are evolving rapidly as governments worldwide push for greater digitalisation, transparency, and compliance in financial transactions. But how prepared are businesses for these changes? Poll results In our most recent LinkedIn poll, we asked our customers if they feel ready to handle current and upcoming e-invoicing mandates and regulations. Do you

In this article, we outline the challenges of using traditional catalogues in your product management and the potential benefits of switching to a digital catalogue. In the world of B2B transactions and procurement, product catalogues play a vital role in helping businesses showcase their offerings to customers. But as companies embrace digital transformation, many are

In this article, we review the purchase order vs. invoice – what the key differences are between the two and why they’re important for your business’ financial operations. When dealing with business transactions, the terms purchase order and invoice are often used interchangeably, but they serve distinct purposes. Understanding the key differences between the two

The results of our poll underscore the diverse advantages of an order management system, from integration with ERP systems to improved customer service and operational efficiency. Each of these benefits addresses specific challenges that modern businesses face in managing orders and fulfilling customer expectations. Whether you’re looking to enhance your customer experience or streamline your