Business Software + Strategy: Simplified

PayStream Advisors educates and empowers finance and procurement professionals to become agents of change. We provide trusted research, in-depth consulting, and unparalleled educational content to guarantee organizations a competitive advantage.  

 

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Accounts Payable       Procurement       Expense Management

Accounts Payable

"An optimal Procure-to-Pay (P2P) process entails synchronization and transparency between back-office finance departments—particularly, Accounts Payable (AP) and Procurement. Unfortunately, in many organizations finance groups operate independently of each other, often reporting poor communication, limited visibility, and strained relationships between teams. Another difficultly that arises from a lack of integration is the inability to accurately measure …"


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Building Stronger Integration Between Procurement and Accounts Payable
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Accounts Payable Automation for Long-Term Care Providers
Hospital chains and medical facility groups (e.g., skilled nursing facilities) face a number of distinct challenges when it comes to Accounts Payable (AP) and payment processes, making management of these processes relatively more complicated than for other types of organizations. Fortunately, there...

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Published April 30, 2018

"If you’re a growing organization trying to stay competitive in today’s market despite shrinking profit margins, you’re likely looking for ways to cut costs in your back office. Many companies try to accomplish this by automating their financial departments, such as with an accounts payable (AP) automation solution. The question is, when you’re operating under …"


On-Demand Webinar:
Where to Begin with Accounts Payables Automation
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Payables Automation for Healthcare
The healthcare industry is changing in many ways, and in order for healthcare organizations to operate successfully in an ever-evolving space, their finance processes must be streamlined, efficient, and capable of keeping pace with changing market conditions. Accounts Payable (AP) departments are ex...

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Published March 27, 2018
working capital tools
Purchase Order Management for Accounts Payables
Exploring Purchase Order (PO) Automation Software for Organizations With Informal Procurement Processes...

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Published March 15, 2018

"In today’s business environment, cash is king. While many companies may be profitable, their success and financial stability are more likely to be judged by their ability to generate operating cash flow. In tighter lending environments, a company’s best opportunity to increase operating cash flow is through working capital optimization tools, such as supply chain …"


On-Demand Webinar:
Caring for Cash with Supply Chain Financing
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Procurement

Guide to Sourcing Automation
2018 Guide to Sourcing Automation Exploring the Value of Electronic Sourcing (eSourcing) Software for Managing Indirect Procurement Underwritten in part by Sourcing helps procurement teams evaluate and engage high-value suppliers, acquire high quality goods and services at competitive prices, and bu...

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Published April 26, 2018

"Artificial intelligence, machine learning, big data. What are these tools and what do they mean for procurement?  Although things like artificial intelligence (AI) are becoming increasingly relevant to back-office automation software, PayStream has found that the average procurement team is often more concerned with controlling spend in their procurement processes than implementing “futuristic” technologies. Fortunately, …"


Live Webinar:
Guide to Big Data Procurement-How to Leverage Modern Technologies to Gain Control Over Indirect Spend
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"Contracts are the lifeblood of many organizations, as much operational and business stability depends on them. However, if contracts are managed on their own, in siloed environments separate from sourcing, procurement, and supplier processes, the valuable data and functional relevance of these documents will be much less effective for ensuring a company’s operational success. Siloed …"


Live Webinar:
From Isolated to Integrated—Removing Silos in Contract Management
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"In today’s business environment, cash is king. While many companies may be profitable, their success and financial stability are more likely to be judged by their ability to generate operating cash flow. In tighter lending environments, a company’s best opportunity to increase operating cash flow is through working capital optimization tools, such as supply chain …"


On-Demand Webinar:
Caring for Cash with Supply Chain Financing
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Benchmarking Procure-to-Pay Transformation
Underwritten in part by Basware Q1 2018 | Featuring insights on… How to Approach Procure-to-Pay (P2P) Automation Based on the Current P2P State Benchmarking Procure-to-Pay Transformation P2P Automation Adoption Trends P2P Current State Benchmarks Strategies for Leveraging P2P Automation Accord...

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Published February 8, 2018

"As companies consider adopting different technologies to improve their back-office efficiency, cost control, and competitive advantage, they will find there are many options and strategies available. However, it is important that these organizations consider more than just which process can be automated—they should evaluate how that automated process can improve their global competitive advantage. One …"


On-Demand Webinar:
The Power of the Business-to-Business Network for P2P Efficiency
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Expense Management

Case Study: Nivo1 | A Real-World Example of an Invoice Management Transformation
This case study offers a real-world example of an invoice management transformation. Features North American insurance company, EMPLOYERS, and Accounts Payable (AP) software provider, Nivo...

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Published April 13, 2018

"Most businesses have customer relationship management (CRM) systems, which contain large volumes of data relating to sales activities and revenue generation. Many businesses also have expense management solutions, which similarly hold large amounts of information regarding employees’ travel and expense (T&E) expenses. Ideally, the combined data stored in these two solutions could reveal a wealth …"


On-Demand Webinar:
Gaining Insight Into the ROI on T&E Spend
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expense management metrics
2017 Travel and Expense Management Report
Underwritten in part by Certify, Chrome River, Coupa, Paramount Workplace, SutiSoft and Traxo Q4 2017 | Featuring insights on: Current Expense Management Trends Among North American Organizations Benefits of Automating Expense Management Processes Features and Functionality of Leading TEM Solutions...

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Published December 22, 2017
Modern Travel Booking
Underwritten in part by Traxo Q4 2017 | Featuring insights on: Modern Travel Booking Management Trends Among North American Organizations Features and Functionality of Online Booking Tools (OBTs) Best Practices for Managing an Automated Travel Booking Program Additional Strategies for Improving Trav...

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Published December 18, 2017

"Automating expense reporting is one of the most important ways to control costs in the back office, and the travel and expense management (TEM) software options that enable companies to do this are plentiful. However, to truly optimize the expense reporting process in accordance with an organization’s unique business environment requires more than a quick …"


On-Demand Webinar:
How to Optimize Expense Management
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5 + 1 Things to Do to Kickstart Shared Services
So, you’re considering implementing a shared services center? By now, you’ve probably recognized the benefits of integrating and consolidating your back-office departments, such as increased visibility into financial processes like procurement and accounting. Or the standardization of processes,...

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Published October 5, 2017

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