Procure-to-pay (P2P) rarely fails with a bang. Instead, it quietly slips. A plant needs parts to keep the line running, so someone purchases from a familiar supplier and forwards the invoice to AP. A department makes a “quick” purchase on a card because the formal process feels too slow. A budget owner sees the spend…
iMIS + Innovation = The Velosio Way Welcome to another installment of The Velosio Way Newsletter. In this newsletter, we share our wins and successes with you. We also provide updates about our iMIS practice and updates about iMIS. If you have any questions or would like to know more about our solutions, contact us…
Velosio is proud to share that we’ve been ranked #6 on Accounting Today’s 2025 VAR 100 list, moving up from our #7 position in 2024. This recognition reflects the momentum we’ve built over the past year and the trust our clients place in us to guide their business technology strategy. Each year, Accounting Today highlights…
Choosing the right enterprise resource planning (ERP) system isn’t just about ticking boxes on a feature list — it’s about finding a system that fits your business goals, industry, and growth strategy. With so many options on the market, it can be tough to cut through the noise and understand how each platform truly compares.…
QuickBooks has long been a go-to solution for many small businesses. Known for its simplicity and affordability, it offers an accessible way to manage finances and other basic accounting needs. For companies just starting or operating on a smaller scale, QuickBooks often checks all the right boxes. But as businesses grow, so do their needs. …
Background Intellectual Property Owner’s Association, (IPO), is the voice of IP owners. As the premier association for IP professionals, IPO advocates on behalf of its members for effective and affordable IP rights. Members receive networking, professional, and business development opportunities along with continuing legal education and other educational resources. As a worldwide trade association, IPO’s…
Overview Accounts Payable operates in a demanding environment. The volume of AP transactions is substantial, and the payables process can be difficult to complete, as AP interacts with nearly every department in the company as well as with outside vendors. To successfully meet its processing goals, AP must rely on both streamlined processing and sound…
Introduction The mention of purchase orders (PO’s) as part of a company’s internal control toolkit always evokes numerous complaints that using PO’s un-necessarily complicates the purchase and payment cycle. Back in the day when POs were manually processed, not integrated with the ERP or not supported with robust review, approval or workflow functionality, these points…
Background MegaGen America believes in the power of a confident smile. Its mission is to empower smiles worldwide through groundbreaking dental innovations and a passion for patient well-being. It’s a journey where science, technology, and compassion converge to create brighter, healthier smiles for everyone. MegaGen dental implants are available in over 100 countries worldwide and…
Overview Accounts Payable (AP) operates in a demanding environment. The volume of AP transactions is substantial, and the payables processing cycle can be difficult to complete, as AP interacts with nearly every department in the company as well as with outside vendors. To successfully meet its processing goals, AP must rely on both streamlined and…