Finance and Accounting

Everyone knows the term "return on investment"—or “ROI”—meaning you get more monetary value out of something than what you put into it. But money is not the only measure of value. As we take stock of our business and personal lives, I think we should re-establish a lesser-recognized concept: return on experience.

Jan 15, 2021 0

Uncover New Opportunities from a Return on Experience

Though terrible, the pandemic has given us much-needed time to pause, reflect, and perhaps make some changes to the way we live our lives. We have a chance to reevaluate what is really important to...

Cloud-based software is enabling accounts payable departments to automate work they’ve previously had to perform manually.

Dec 04, 2020 0

The Future of Payments

What are some of the notable trends driving B2B payments?Paper checks still reign supreme in B2B payments, but COVID has created a compelling event that is pushing companies toward fully automating...

Finance departments use GL codes to track spend.

Nov 25, 2020 0

No, It’s Not Enough to Just Use GL Codes to Classify Your Spend Data—Here’s Why

Finance departments use GL codes to track spend. We’re looking at items like office supplies, marketing or maybe a specific project within the business. However, what finance are looking for...

Cost savings is always measured against a set of expectations, and these expectations are only made possible by quantitative analysis.

Sep 15, 2020 0

The Science Behind Cost Savings

Quantitative and scientific approaches to cost estimation have existed for decades and are increasingly accessible to procurement teams via technologies that automate data analysis. In many...

Sep 01, 2020 0

What Keeps Money Launderers Up at Night?

If you’re laundering money or financing terrorism, what keeps you up at night?Beyond the day-to-day intrigues of a life of crime, you have a money trail to worry about. Sure, you fear the...

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Finance and Accounting