LogMeIn Case Study
LogMeIn was looking for a new partner to help them seamlessly handle a consistently growing invoice count and integrate with NetSuite. Their current partner had a static solution with no new releases or updates, and the team at LogMeIn wasn’t even sure whom to contact when they had questions or needed support.
The added challenge that Covid-19 brought was the shift many businesses had to make to handling all invoicing electronically. From 2019 to 2020, LogMeIn experienced a 26% increase in the number of invoices they are handling monthly.
The LogMeIn team decided to partner with YayPay by Quadient to manage their credit-to-cash process based on several factors:
YayPay has a commitment to continuous improvement, so there have been frequent updates and releases to add value to the product on a regular basis.
YayPay has a seamless integration with NetSuite, creating a more powerful solution for managing AR.
The YayPay product team was open about sharing the product roadmap and receiving ideas and feedback from LogMeIn about how their needs could be better met.
The user interface and customer portal were far friendlier and easier to use than the Salesforce.com interface they had been working with prior.
Learn more about how YayPay helped LogMeIn streamline their AR workflow, download the case study!
Become A Revenue Hero: Credit 2 Cash
Accounts receivable (AR) is central to your business health, yet still suffers through manual processes, siloed data repositories, and general inefficiency. But you can change that. You can be a Revenue Hero.
In this Credit to Cash primer, see how you can apply data management, automation, and transparency to your process in order to increase cash flow, customer satisfaction, and employee satisfaction. Be the Revenue Hero and make an impact today.
IN THIS EBOOK WE’LL COVER:
- Tips for optimizing your AR processes for greater productivity - and reducing headaches
- How automation drives higher cash flow and maximizes efficiency
- Why a self-service portal is critical to your customer happiness metric
- How to manage collections in a way that improves customer loyalty
- Why predictive analytics is a must-have for better forecasting
- And much more that covers the full credit-to-cash process!
Download the full eBook today!
Preparing Your Business for Global Growth: Streamlining Cross-Border Tax Compliance
As consumers have shifted toward digital engagement with brands and retailers during the COVID-19 pandemic, the opportunity to expand and reach customers globally has never been bigger. But as you build your strategy for international growth, one of the biggest challenges you will face is ensuring compliance with the many tax and regulatory requirements of the countries and regions where you will be doing business.
Depending upon your business model and plans for expansion, there are a variety of tax and compliance requirements that you will have to comply with – from Value Added Tax to trademark tax, import and export taxes, etc. And while Oracle applications offer some capabilities to help address these requirements, without the right strategy and tools, cross-border tax compliance can become very difficult and costly to manage.
In this webcast, learn about best practices and insights that organizations can use to streamline global tax determination and compliance, including:
- The current global tax and regulatory landscape and what you need to know to ensure cross-border tax compliance.
- How to extend the capabilities of your Oracle applications with Vertex tax solutions to reduce manual processes, streamline tax determination and reduce risk.
- Case studies, metrics, and shared learning from peers.
State of Accounts Payable Today
A study of 600 finance workers found that 76% of accounting teams, with automated AP, report increased productivity and less overtime.
Invoice approval delays, document management and late vendor payments surfaced as the main AP challenges. This directly impacted the work-life balance of accountants, forcing many to work an extra 10 hours per week.
Download this research to find out:
- How 76 % of finance professionals have increased productivity and reduced overtime
- How to eliminate late payments for good
- How Beanworks improves approvals, payments and AP data access
- How to prevent vendor fraud and expense abuse that 60 % of businesses experienced this year
The Future of Tax is in the Cloud
The cloud computing market is booming, with Gartner projecting the industry to exceed $331 billion by 2022. That’s no surprise considering the benefits include cutting costs, improving data quality, increasing security, and ensuring reliability.
Check out these stats, based on a survey of IT professionals, to learn why your organization should upgrade its tax applications or migrate them to the cloud.
Companies that migrate their tax applications to the cloud accelerate digital transformation and experience many benefits:
- Improved data management
- Increased process automation
- Faster access to new functionality
- Enhanced security
- Decreased costs
- Easier implementation
Manufacturers and Distributors Modernize Their SAP Solutions to Address Tax and Technology Challenges
The wave of digital transformation that has prompted businesses to migrate some applications to the cloud and re-evaluate process efficiency has officially hit the Manufacturing and Distribution (M&D) industry. In anticipation of the next worldwide crisis, M&Ds can refocus on their core businesses, streamline and automate tax management, and redesign their supply chains to be more flexible, scalable and risk-tolerant.
In this white paper, we share key learnings from IDG’s Research MarketPulse Survey that uncover the challenges IT and finance leaders at M&D organizations are facing today, and the drivers behind their current and future technology plans.
5 Reasons to Automate Sales And Use Tax Compliance
Ensure Peak Performance In The New Business Environment
Monthly sales and use tax compliance can be a massive burden for your finance department. If you’re looking for ways to control costs and make smart investments, automating these processes in-house using tax compliance technology — or outsourcing them — can deliver measurable business benefits like:
- Reducing audit risk
- Boosting staff value and ROI
- Cutting costs
- Improving governance and controls
- Enhancing scalability
State of the Market for Enterprise Cloud Deployment for SAP Users
This special report compiles all the research found when SAPinsider surveyed 116 members of their community. The purpose of the survey was to determine what is critical to their cloud deployment, which cloud providers and deployment models they are using, and what workloads they are running in the cloud. In this special report, learn what drives organizations in their approach to enterprise cloud deployment, discover the top requirements and tools for cloud deployment strategies, and gain your strategy guidance for optimizing cloud deployment processes.
Why Tax and IT Need to Work Together When Migrating to SAP S/4HANA
The collaboration of tax and IT departments can ensure optimization of processes, while the tax customizations are also considered. In this white paper, learn how these teams can work together to enable business growth, improve compliance and efficiency, all while ensuring a smooth rollout for IT.
Reimagining Supply Chains in the Wake of COVID-19 Disruptions with SAP and Mirakl
Consumers worldwide responded to COVID-19 outbreaks by hoarding products, and disregarding brand loyalty, which greatly impacted supply chains. In this e-book, learn how to remedy supply chain disruption by understanding technology choices to better manage supply chain challenges.
Manufacturers and Distributors Modernize Platforms and Solutions to Address Tax and Technology Challenges
The wave of digital transformation that has prompted businesses to migrate some applications to the cloud and re-evaluate process efficiency has officially hit the Manufacturing and Distribution (M&D) industry. Having shifted their sourcing to a handful of large overseas suppliers over the past decade, many companies were unprepared for COVID-19 lockdowns that increased demand for certain materials and introduced new business models and shopping habits as global supply chains were disrupted. In anticipation of the next worldwide crisis, M&Ds can refocus on their core businesses, streamline and automate tax management, and redesign their supply chains to be more flexible, scalable and risk-tolerant.
In this white paper, we will review some highlights from IDG’s Research’s MarketPulse Survey of employees at M&D organizations with revenues of between $250 million and $1 billion. The purpose of the research was to better understand from M&D employees the drivers behind decisions, challenges they are facing today, and any future-state technology plans.
Rethinking Accounts Payable in the Midst of a Pandemic
The pandemic has forced many accounting teams to adjust the way they work as they struggle to keep up with outdated processes.
Download this white paper to learn about the challenges of accounts payable in the time of a pandemic, including:
- Only 54% of finance teams working from home can make all their AP payments
- 85% of employees wish their employer would do more to help them adapt and manage remote work
- AP teams typically spend 60-80% more than they need to on invoice processing costs
Learn best practice advice to overcome these challenges and set your team up for success now and in the future.
Strategies to Avoid the ‘Great Resignation’ in Your AP Team
A study of 31,000 workers found that 41% are considering quitting their job this year. The statistics reflect the workforces’ discomfort and discontent about going back to the office. Experts are calling it, the Great Resignation.
The sentiment is shared across multiple industries including accounting where 82% of respondents reported lower levels of stress when working from home. It’s why an overwhelming majority (93%) of employees in finance want to continue working remotely.
But what can organizations do to retain existing talent and lure the best finance professionals to the company?
Download this white paper to learn:
- Four strategies to attract and retain top talent
- How AP automation can empower remote teams
- Best practices implemented by other finance teams
Stop Fraud Now: How to Protect Your Company with AP Automation
Many companies are under the impression that their manual processes provide strong internal controls. However, scammers have become increasingly sophisticated, making it much more difficult to identify false invoices or fraudulent requests without the aid of technology.
With the risk of internal and external scams heightened due to an abrupt change in working practices, companies need better controls.
AP automation can help mitigate fraud in B2B payments by strengthening approval channels and increasing visibility.
Download this free white paper to learn how to:
- Detect BEC scams and other external fraud threats
- Strengthen internal expense management controls
- Secure cross-border payments and remove inefficiencies
Prepare for Your Microsoft Annual True-Up (and EA Renewal) – 14 Cost Saving Tips
True-Up and Enterprise Agreement (EA) renegotiation can be a tense time. There is a lot of money at stake. Microsoft likely grasps the ins and outs of licensing far better than you do, yet neither side truly knows how many licenses are used, and whether these licenses are the right size.
There is good news, however. Significant cost savings come from identifying unassigned or inactive licenses and reducing these costs through carefully curated license management, license redeployment, re-harvesting, and the re-assignment of inactive licenses. If you do so, you will have far fewer or even no wasted licenses.
One large enterprise, – okay very large – identified $14 million in potential annual savings through the CoreView Microsoft 365 Health Check. That enterprise used CoreView’s deep license analytics to renegotiate its EA deal – much to company executives delight!
