Industry Focus: Finance in the Manufacturing Industry - ProSpend
ProSpend Blog
by
1w ago
In the manufacturing industry, staying competitive means more than just producing quality products. It's also about enhancing every aspect of your operations. In this blog, we highlight the importance of finance in the manufacturing industry and how technology can help the industry streamline financial processes and propel the organisation towards efficiency ..read more
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Do You Need AP Automation Software for a Small Business? - ProSpend
ProSpend Blog
by
2w ago
Adopting accounts payable (AP) automation software for a small business might seem unnecessary or reserved for larger enterprises. However, one may overlook the benefits that automation can offer, even for smaller-scale operations. In this blog, we figure out whether or not your small business really needs AP automation software and what the software can do for you ..read more
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How Travel Manager Can Reign In The Hidden Cost of Travel - ProSpend
ProSpend Blog
by Sharon
2w ago
Despite the increasing popularity of online meetings, for most companies there’s still the need for staff to be hitting the road. For new business, stronger client and supplier relationships and staff professional development. It’s an investment that pays off, but what about the hidden cost of reconciling the travel spend ..read more
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Finance Automation in the Hospitality Industry - ProSpend
ProSpend Blog
by
2w ago
Financial management is the backbone that supports the operations and decisions made in the hospitality industry. Businesses like hotels, restaurants, resorts and travel agencies need to ensure their operations are profitable and sustainable. In this blog, we discuss finance automation in the hospitality industry and how it drives success in this ever-evolving economy ..read more
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Industry Focus: Healthcare Finance Management - ProSpend
ProSpend Blog
by
3w ago
Integrating automation into healthcare’s finance processes is a pivotal step towards transformative efficiency and enhanced patient care. While the concept of automation may cause concerns about job displacement or technological complexity, its potential to streamline processes, reduce errors and alleviate burdens on finance teams in the healthcare industry is undeniable. In this blog, we explore how automation isn't just a tool for simplifying healthcare finance management but also a catalyst for empowering healthcare workers to deliver exceptional medical care ..read more
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Are Finance Jobs at Risk of Automation? - ProSpend
ProSpend Blog
by
1M ago
Are finance jobs at risk of automation? The mention of automation can often spark feelings of apprehension among employees. After all, concerns about job security and the fear of being replaced by machines are understandable. However, what if we told you that instead of being a threat, automation could be the key to unlocking unparalleled success? Let’s explore how automation can reframe your skills, enhance efficiency and contribute to the success of both individuals and organisations ..read more
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Industry Focus: Financial Management in Construction - ProSpend
ProSpend Blog
by
1M ago
Automating financial management in construction offers a wide array of opportunities. Software solutions, in particular, have the potential to streamline operations and propel productivity. As automation continues to evolve, there are new ways to become more efficient in the construction industry ..read more
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Frustrated With Receipts for Travel and Expense Management? - ProSpend
ProSpend Blog
by
1M ago
Are you or your employees tired of drowning in a sea of paper receipts every time you handle travel and expense management for your business? You're not alone. Many companies know that the intricacies of managing corporate travel expenses often pose significant challenges. Manual travel reconciliation, in particular, impedes efficiency, accuracy and overall business growth.  This blog delves into the challenges and risks associated with manual travel reconciliation and explores the one solution that can make travel and expense management more effective — digitisation ..read more
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How to Use a Virtual Card: Steps, Tips and Reminders - ProSpend
ProSpend Blog
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1M ago
Today, in the world of business, virtual cards have emerged as a game-changer, offering convenience, security and control. As businesses continuously navigate the evolving landscape of online transactions, knowing how to use a virtual card has become a crucial skill.  According to Digital Nation Australia, the total volume of virtual card transactions is predicted to hit 175 billion by 2028. This is a noticeable growth from 36 billion in 2023. Let’s discuss the essential steps to unlock the full potential of virtual cards ..read more
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Unlocking Financial Efficiency Through Automation
ProSpend Blog
by
1M ago
As companies strive to stay competitive and navigate through the current economy, the role of finance departments becomes increasingly pivotal. Among the many changes over the years, finance automation emerges as an exceptional way to get the job done, offering a pathway to enhanced productivity, accuracy and financial efficiency ..read more
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