For technology service providers, customer churn is a top challenge as we move towards 2024. According to Gartner, through 2025, technology service providers must adapt to changing buyers and buying conditions driven by transformed organizations and technology buyers within them. Business-driven and line of business (LOB)-resident technology buyers will drive more purchases, hastening moves to…
The ability to collect payments faster is more significant than ever. The economic landscape is increasingly volatile, with fluctuations in market conditions and currency values. This unpredictability makes it crucial for businesses to maintain a steady cash flow to ensure stability and resilience. Secondly, the rapid pace of technological advancements has raised customer expectations. Consumers…
Cost of Maintaining Legacy Systems Many project-driven organizations still maintain legacy software solutions for a variety of reasons, but they are very costly to maintain and support. Many believe that maintaining legacy systems is more expensive than modernizing them. According to the United States Government Accountability Office, ten of the government’s legacy systems cost approximately…
When most people think of automation, they think of greater efficiency — and to be sure, that’s one of the biggest reasons to automate time and resource intensive processes. But these digital tools can offer benefits you might not have considered, especially when you use solutions from Avalara to manage tax and other regulatory obligations.…
In the ever-evolving realm of business, adaptability is the cornerstone of success for finance leaders. As the horizon of 2024 approaches, the call for agility, and efficiency grows stronger. The partnership between Velosio and KwikTag by Paymerang is an exemplary testament to addressing these challenges head-on, particularly in the domain of invoice management. KwikTag by…
If you use Dynamics 365 Business Central, Microsoft is making it much more cost-effective to integrate your ERP functions with your sales and service functions. Dynamics 365 Business Central Premium customers can now attach two Dynamics 365 Customer Engagement modules (Sales Enterprise and Customer Service Enterprise) at a reduced cost. The licensing fee for each…
As plant and flower growers look for ways to survive and thrive in their marketplaces, it’s critical to consider the ways technology can be leveraged—to operate more efficiently and to gain access to information that accelerates decision-making. In this blog, we examine three technology trends currently driving the agribusiness industry and how growers can take…
Time-tracking software is essential for any company that works with contractors, pays employees by the hour, or bills clients for time. It’s a valuable tool for improving admin tasks billing, payroll, and estimating. And — it gives business leaders insights that can be used to increase efficiency, utilization rates, and profits. Since professional services is…
Whether you know anything about ERP implementations or not, chances are, you’ve heard that they’re pretty hard to pull off. Big brands like Hershey, Nike, and National Grid have lost hundreds of millions of dollars because of failed ERP projects, so it’s easy to assume there’s little hope for the rest of us. That said,…
Many AP professionals start their day with an inbox full of invoices to be coded or approval status updates. With the continuation of remote/hybrid work, they’ve lost even more visibility into where invoices are in the process. In fact, on average, AP team members spend more than 40% of their time looking for invoices that…
