Despite the many challenges thrown in the face of the hospitality industry, dozens of growth statistics indicate that the industry is projected to be
A recent Gartner report claims that by 2025, quite 50% of organizations around the world will have a cloud-based procure-to-pay suite. Tools like Bir
E-procurement is more than just a fancy word for digital purchasing. Though the process involves ordering and purchasing goods and services, the solu
In 2022, more than 255 million phishing attacks were reported by businesses—a 61% increase from 2021. However, as hacker skills become more sophistic
It’s no secret that e-commerce has experienced a rapid surge over recent years, reaching a nearly 50% user penetration rate for digital commerce in 2
From remote workplaces to the metaverse, the world of business is becoming more and more virtualized. Digital business models are taking over, and co
As the year comes to a close, 2022 could be argued as one of the most difficult years for business sectors. But for the hospitality industry, hotel o
Everywhere we turn, the impact of digital transformation is tangible and undeniable. Digital innovation has forever altered how we live, work, and co
Over the last decade, the hospitality industry has embraced the concept of sustainable procurement. Within many hotels and Casinos, the primary purch
According to recent industry data, nearly 2% of a company’s invoices are duplicated, charged for the incorrect amount, or contain some form of error.
When most people hear the term “inventory management,” they are likely to think of warehouses that ship products to consumers or manufacturing facili
With statistics showing that only 29.1% of invoices are paid on time in the post-pandemic United States, the already-fraught world of invoices just g
