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Proactis Holdings Plc

Top 6 spend management challenges for organisations in 2019

Following our recent Top 9 challenges facing spend management professionals in 2019 feature we also asked senior Finance and Procurement professionals during Proactis ReThink ‘18 about the challenges their organisations are facing in 2019. Again, we saw synergies between the challenges facing different types of organisations, regardless of their size and the sector that they operate in.

Challenges organisations face:
Removing manual intervention on invoices sent to the organisation
Manual intervention in the invoicing process, and the associated direct and indirect costs of traditional manual processing, are just not necessary anymore. Technology to eliminate the great majority of the paper handling is available, affordable, and easily implemented within the context of existing financial systems. And the benefits go far beyond cost reduction.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.