Accounts Payable

Inbound freight: Often a missed opportunity

Tuesday, November 5, 2024 · Jack Ampuja and Ray Pucci
When it comes to inbound freight management, many companies are missing the mark. They are failing to pay adequate attention to this crucial connection between themselves and their suppliers. By doing so, these companies risk leaving a significant amount of money on the table.

Shining light on procurement’s dark purchases problem

Friday, April 5, 2024 · Brian Straight
Many companies do not have processes in place to control procurement spending, leading to millions in wasted dollars from untracked dark purchases.

Top 10 Signs Your Organization Needs a Talented Chief Procurement Officer

Thursday, August 10, 2023 · Steven Lutzer
A chief procurement officer offers organizations a specialist focused on managing spend, but not all organizations have such a position.

APQC Infographic: Break down procure-to-pay silos

Tuesday, May 17, 2022 · APQC
The infographic presents how the governance and reporting structure for procurement and AP can vary. It also presents how changing process ownership can encourage communication and collaboration.

Using governance to improve procure-to-pay

Monday, May 2, 2022 · SCMR Staff
Adopting a global process owner can lead to improvements.

Save Money While Spending More

Wednesday, May 12, 2021 · Mark Trowbridge
We all want to conserve working capital by extending payments. But here are five ways procurement can save money while paying suppliers.

2021 Rate Outlook: Higher shipping rates dead ahead

Monday, March 1, 2021 · Patrick Burnson
Freight transportation providers responded to COVID-19 pressures heroically, becoming leaner, more collaborative and efficient. Patrick Burnson reports that while this is good news for the nation’s freight network, shippers should expect significantly higher rates across all…

Global Supply Chain Managers to Examine New Transportation Rate Structures Soon

Friday, January 8, 2021 · Patrick Burnson
Navigating the road to post-pandemic normalcy will be a major challenge for all transportation providers

New Study Finds that Cross-Border Payments Practices Complicate Supply Chains

Wednesday, September 19, 2018 · Patrick Burnson
A new independent study carried out by research and analyst firm PayStream Advisors found that the most common practices for managing cross-border payments are neither the most efficient nor the most affordable. Instead, they cost organizations heavily in payment fees, time,…
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