Effective supplier communications empower an enterprise in increasing visibility, reducing costs, minimizing supplier-related risks and maintaining excellent service deliverability. The key to building relationships with suppliers that are mutually beneficial, strong, and durable is being able to provide them with an experience that is always efficient and personalized. Supplier performance is likely to also improve […]
Category: News Media
Good Practices in Procure to Pay Digital Transformation
Procure to Pay processes hold the potential to restrict and tie-down businesses instead of acting as the wind beneath their wings. While these processes can be leveraged to interact and innovate with suppliers, the associated complexities can drive suppliers away and have a negative effect on the bottom line.
New and Emerging Technologies in the Source to Pay process
According to a report, 56% of Source to Pay tasks are fully or largely automatable. This highlights a great opportunity, as more and more companies are rigorously inspecting the core processes that run their business, seeking areas to add efficiency in the Source to pay process.
Key Lessons from Oil India’s Successful P2P Digital Transformation Journey
Oil India, the premier Indian National Oil Company under the Ministry of Petroleum and Natural Gas, the Government of India recently went live with its automation project for Supplier Collaboration and Accounts Payable Invoice Automation.
Digitalisation of Education enthuses experts
The second paperless budget at a time of India’s recovery from the pandemic is neither too populist nor a big bang. The budget focuses on infrastructure spending, thrust on investments, and Capex outlay. This is great because it could further fuel demand. The additional infusion of funds to CGTMSE and extension of ECLGS to March […]
These 10 inspiring business leaders contribute significantly to India’s growth
Srividya Kannan, Founder, and Director of Avaali Solutions Pvt Ltd is also the founder of Velocious, a digital solutions company enabling enterprises to deliver margin improvements. Srividya is also the Editor of Illuminar, a digital publication. She runs Avaali Academy to focus on building digital skills and Janus, a source to pay user group community. […]
The importance of making a right career decision
Every individual looks forward to achieving a larger purpose and finding meaning in life. For most people, this happens via their work. Work plays a primary role and is a core part of one’s identity. An average person spends about 100,000 hours of work during their lifetime. That’s a significant part (more than one-third) of […]
Digital Centre of Excellence inaugurated
Avaali Solutions inaugurated a Digital Centre of Excellence with KSIT and KSSEM University in Bangalore, as a part of its University Alliances program under Avaali Academy. Through this, Avaali intends to build a skill pool focused on various technologies.
One of Southeast Asia’s largest apparel tech company challenges related to growing data and documentation management with OpenText solutions for SAP
MAS Holdings is recognized today as a fully integrated, sustainable apparel manufacturer, employing over 100,000 people across 16 countries. MAS spans 61 manufacturing plants with established design locations placed in key style centers worldwide. The MAS portfolio has expanded exponentially, filtering into wearable technology, FemTech, start-ups, logistics, and fabric parks worldwide. MAS provides design-to-delivery solutions […]
Here’s why India’s IT sector is facing a talent war
The IT sector in India, often known as the world’s back office, is facing a staffing crisis as the number of skilled people entering the workforce is failing to keep pace with demand. It comes as the country continues to serve global corporates, while at the same time going through its own digital and tech […]