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To the surprise of absolutely no one, accounts payable (AP) is ranked as the most laborious, tedious, paper-heavy function in finance — even more so than accounts receivable (AR), tax reporting or payroll.1 Yikes. Thankfully, AP doesn’t have to be such a drag anymore thanks to AI-driven AP...
With the coldest and darkest days of 2024-25 still ahead of us, having something to look forward to is imperative for staying centered and in high spirits. Knowing that April is right around the corner is that source of hope and optimism for many people. But this April, there’s more to be excited...
If you have a long driveway full of snow you need to clear, would you rather use a shovel or a large snow blower? I’m guessing you’d opt for the snow blower. Because why do something manually when there’s a tool that does it better and faster? Through the use of eSourcing, there’s now a better way...
In a recent Esker webinar titled "AP & AR Automation Trends: Strategic Insights for Finance Leaders," Forrester analyst Meng Lei, along with Esker Product Managers Catherine Dupuy-Holdich and Maud Berger, explored key trends shaping the future of Accounts Payable and Accounts Receivable...
When a business sells goods or services on credit, it generates an invoice. Until it’s paid by the customer, this invoice is considered accounts receivable (AR) — money the business expects to collect in the future. The central role of AR departments has always been to convert these theoretical...
In today’s competitive world, businesses are constantly seeking new ways to grow faster and smarter. One powerful solution? Building a strong partner program. By creating a network of strategic partners, companies can tap into new revenue streams, offer more services and deliver projects more...
Contract renewals are like brakes — they may not be sexy, but boy, are they important. And just like brakes slow down your car, contract renewal time is a chance to sit down and reexamine your supplier contracts to determine if they’re still meeting your needs. In a nutshell, contract renewal...
Two years after Esker acquired the Market Dojo eSourcing platform, the partnership continues to bring efficiency, cost savings and innovation to the procurement space. But what can you expect going forward — and how can you bring the benefits of automated sourcing and procurement to your...
As we enter Q4 2024, the transformative shift in B2B customer service is in high gear. Long gone are the days when the concerns of customers were solely about quality, price and delivery. Today, the emphasis is all about the “experience” with the expectation that their B2B journey mirrors the...
In the fast-paced world of B2B commerce, maintaining operational efficiency and quality customer service can significantly impact a company's bottom line. In order to identify bottlenecks and make more proactive, data-driven decisions to enhance customer satisfaction and operational agility, it’s...
Recently, a customer asked me what steps they could take while waiting to launch an automation project. This question prompted me to reflect on various challenges that clients have encountered and how they addressed these obstacles while preparing to implement accounts payable (AP) automation. The...
Rules are rules Moving to electronic invoicing is no longer an option for businesses – it’s an obligation. Propelled by the goal of preventing tax evasion, mandatory e-invoicing legislation is on the rise globally, driving the transition from paper to electronic invoicing and archiving. Latin...
Just one bad experience with your Customer Service or Accounts Payable team can be enough to drive your customers to a competitor. In an effort to improve customer experience while boosting efficiency and reducing costs, organizations are embarking on digital transformation journeys. But that’s...
In the fast-paced world of B2B commerce, maintaining operational efficiency and best-in-class customer service can significantly impact a company’s bottom line. This necessity has led businesses to closely monitor their order management processes using Key Performance Indicators (KPIs). Effective...
Business disruption prompting business innovation The saying "Necessity is the mother of innovation" is widely known, and many events leading up to 2024 have proven its truth. Following significant disruptions to businesses worldwide, leaders have observed this phenomenon up close. They are seeing...
Find out why current Esker customers switched from their old automation solutions to Esker Accounts Payable. Automation solutions come in all shapes and sizes, with most offering an array of features that promise to help your business operate more efficiently and reduce the manual workload for...
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