June 22nd, 2021 by Taylor Bucher
Business disruption prompting business innovation
We’ve all heard the phrase, “Necessity is the mother of innovation”. And if 2020 has taught us anything, it’s that this is absolutely true. In the wake of the mass business disruption our...
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Tags: accounts payable (AP), cost reduction
Posted in: Automation, Business Technology
May 11th, 2021 by Jody Derr
Recently I was asked by a customer what they can do right now as they wait to kick off an automation project. It forced me to think about examples of challenges that clients have faced and how they took those challenges head on as they prepared...
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Tags: accounts payable (AP), data analysis, digital workflows
Posted in: Automation
May 6th, 2021 by Taylor Bucher
We’ve all heard the old adage, “Why fix what isn’t broken?” It’s a valid question. I mean, why change things when “business as usual” seems to be working just fine? Well, to put it in Ben Franklin’s words, “When you’re finished changing, you’re...
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Tags: accounts payable (AP), accounts receivable (AR), cost reduction, digital workflows
Posted in: Business Technology
May 4th, 2021 by Brian Erlien
Many companies today are looking for ways to strengthen vendor relationships and improve liquidity and working capital. Here are three areas to focus on and three solutions that can help you do just that.
Vender & Supplier Communication
...
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Tags: accounts payable (AP), accounts receivable (AR), cost reduction, Esker, vendor / partner relationships
Posted in: Automation
April 29th, 2021 by Justin Cunningham
Is your accounts payable (AP) department being tasked to better monitor, track and improve key performance indicators (KPIs)?
Then you’re well aware that it can be a daunting task. Why? There are an infinite number of KPIs that you could...
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Tags: accounts payable (AP), accounts receivable (AR), cost reduction, data analysis
Posted in: Automation
October 14th, 2020 by Esker
In a time like this, maintaining a strong cash flow is of utmost importance for businesses. Unfortunately for many organizations, large amounts of cash are being tied up in inefficient, back-office finance functions, and they’re quickly realizing that...
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Tags: accounts payable (AP), cost reduction, Esker, tips & training
Posted in: Automation