On-Demand Webinar Recording Recorded May 8th, 2024 6 Strategies to Detect and Manage Problematic Receipt Submissions As organizations look for ways that they can grow their card programs and improve compliance, receipt validation stands out as a potential roadblock. Despite being a common source of improper commercial card usage, it’s often deprioritized as organizations struggle […]
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In our article “Five Ways Your Company Might Be Overspending,” we introduced our five-part series on identifying and ending overspending. In this article of the series, we examine how a lack of knowledge about duplicate payments—due to a lack of visibility—can cause your company to overspend. How a lack of knowledge can cause overspending Overspending
Duplicate Payments: What You Don’t Know Can Hurt Your Business Read More »
When it comes to the use of purchasing cards, there’s the incorrect, there’s the inappropriate—and then there’s the insane. Uncle Ben’s famous quote “with great power comes great responsibility” applies to more than just fighting the Green Goblin, after all. By issuing your cardholders a P-Card, you’re trusting them not to abuse it. Importantly though,
The Weird, Wild, and Wacky World of P-Card Usage Read More »
Artificial intelligence is not a new development. It has existed in infancy since the 1950s, and as a concept, well before that. Unless you had a career or particular interest in robotics, programming, or automation, its impact on your life was likely minimal, unless you happened to be an hour deep in a sci-fi movie.
How AI Augments Procurement Departments Read More »
Procurement departments are challenged in a myriad of ways. One of the most obvious is the sheer volume of incoming data that they are responsible for. Take university procurement for example (though this certainly applies to procurement departments at large corporations and government administrations as well). A typical mid-sized university may have around 430 cards
Internal vs. External Review of Spend Data: Workload Comparison Read More »
On-Demand Webinar Showing Appreciation for Your Procurement Department In this on-demand, recorded webinar, learn about ways that you can show your procurement staff the appreciation they deserve for the hard (and vital!) work that they do. It’s National Procurement Month after all, and it’s time to recognize our colleagues for their efforts. We’ll also share
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