It's not only German companies that are affected by the new Supply Chain Act. This is the first one, and further EU directives will follow. What does the Supply Chain Act say, who does it apply to, and what measures are necessary?
With the right strategies and tools, you can get full control over all the steps, accelerate goods procurement, and reduce your costs. Learn exactly how this works in the following article.
eProcurement is the process of purchasing goods and services using digital technology. It includes P2P, supplier management, contract management and more. Let's see how an ECM enhances eProcurement.
Industry 5.0 puts people in the spotlight - for example, advances in automation reduce employee workloads and give them more time for value-added activities. But what does this mean for lines of business and industrial companies?
Master data is at the core of your business. A large part of your entrepreneurial activity is based on it. The digitization of processes is also virtually impossible without well-maintained master data. This makes thorough master data management all the more important. It helps you consolidate your business-critical data in a central database.
A digital invoice workflow is one of the most important milestones on the way to a paperless office. Instead of missed cash discounts, long waiting times during invoice verification or typos during booking, a modern invoice workflow relies on automation and artificial intelligence.
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