Spend Management Checklist: Six Questions to Consider

Business spend was evolving even before the pandemic, as more and more employees were spending with less and less oversight. Now, as companies find themselves in a constant state of flux and employees vacillate between working from the office and working from work, those changes are becoming even more significant. Digital payment methods can no longer be avoided. The complexity of new payment categories (such as Personal Protective Equipment) must be addressed. And at a time when cashflow, costs, and budget controls are at their most critica ...more

Spend Management Checklist: Six Questions to Consider

Business spend was evolving even before the pandemic, as more and more employees were spending with less and less oversight. Now, as companies find themselves in a constant state of flux and employees vacillate between working from the office and working from work, those changes are becoming even more significant. Digital payment methods can no longer be avoided. The complexity of new payment categories (such as Personal Protective Equipment) must be addressed. And at a time when cashflow, costs, and budget controls are at their most critica ...more

Three Ways to Future-Proof Your Business

When times are uncertain, improve visibility and spend control to give your organization the certainty it needs. While having control over costs, cash flow, and compliance is important for businesses during typical times, it’s even more critical when trying to maintain business continuity during challenging periods. But is the idea of “typical” times, in fact, outdated? In today’s global business world, challenges abound and circumstances can change quickly. Reacting to such challenges, while keeping the business running smoothly, require ...more

The Hidden Potential of VAT Reclaim

Levied by more than 160 countries, Value Added Tax (VAT) is one of the most common forms of taxation in the world. VAT is applied at every step of the manufacturing and supply chain – and collected by businesses on behalf of the government. But in most cases business buyers are also entitled to recover VAT charged by suppliers to avoid accumulation. And this quickly adds up. It’s estimated that the global market potential for VAT reclamation alone is €61.7billion ($74.9billion). In that case, why does 54% of eligible VAT go unclaimed by b ...more

Spend Management Checklist: Six Questions to Consider

Business spend was evolving even before the pandemic, as more and more employees were spending with less and less oversight. Now, as companies find themselves in a constant state of flux and employees vacillate between working from the office and working from work, those changes are becoming even more significant. Digital payment methods can no longer be avoided. The complexity of new payment categories (such as Personal Protective Equipment) must be addressed. And at a time when cashflow, costs, and budget controls are at their most critic ...more