Corcentric blog

An over-reliance on template-driven RFPs and apples-to-apples comparisons can stifle innovation and creativity in procurement, reinforcing the perception of procurement as mere RFP administrators and savings calculators.

In an era where digital transactions are commonplace, bad actors have become increasingly sophisticated, making prevention a relentless battle. Fraud analytics serves as the frontline in this ongoing war against deceitful activities within systems designed for trust.

As the digital landscape expands, the convenience of online transactions is shadowed by the increasing prevalence of payment fraud, paired with the traditional risk of fraudulent paper checks.

Building a house without a plan is chaotic, and the same goes for a company without a purchasing strategy. This essential approach ensures effective resource management, cost optimization, and strengthened supplier relationships.

Every year the cards for purchasing trends are reshuffled, and 2024 is no exception, driven by the rise of new technologies, the growing importance of sustainability criteria, and risk management.

Effective expense management is crucial for businesses to navigate rising costs, tight budgets, and supply chain disruptions in a challenging economic environment.

In today's digital and AI era, businesses use solutions like EEM, S2P, and FM to streamline expense management, automate processes, and enhance visibility.

The delay in e-invoicing reform presents a unique opportunity to analyze, digitize, and optimize your entire Procure-to-Pay (P2P) process. This can lead to significant cost savings and efficiency improvements for your business.

Don't fall victim to fraudulent invoices by avoiding these four real-world scams