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Why E-invoicing is in Focus Today & How will it Benefit your Business?

Zycus Cognitive Procurement

Mn by 2027 from US$ 1,241.7 from 2020 to 2027’ according to a report by Industry Today. Better Visibility and Transparency. Electronic invoicing uniquely improves visibility into invoices, purchase orders, supporting documentation, and contracts. Reduced Risk. Increased Accuracy.

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Why Supplier Information Management (SIM) Is Key To Detecting and Preventing Fraud

HICX

According to procurement consultants Comprara, it is estimated that by 2027, more than $348 billion will be lost globally due to fraud. A survey conducted by HICX uncovered that nearly 9 out of 10 organizations are forced to rely on bad supplier data , therefore leaving them susceptible to the risks associated with major fraud.