PYMNTS

MAY 21, 2020

The new reality will be marked by low bookings; tight margins; financial pressures on online travel agents; and the need for cost management. To mitigate this risk, it is very common for travel companies that operate internationally to implement hedging strategies,” he said.

B2B 94

B2B Cross-Border Cross-Border Payments Credit Cards 94

PYMNTS

MAY 8, 2018

CFOs surveyed agreed that technology could help with strategic spend management: 60 percent told researchers that they agreed process or technology improvement was key to improving cost management. 1 threat to CFOs’ abilities to make a positive impact on their companies’ financial positions.

Risk Mitigation 46

Risk Mitigation Mitigation Risk Management Cost Management 46

Nanonets

DECEMBER 10, 2023

This reduces non-compliance risk, mitigates legal complications, and ensures that shipments move seamlessly across borders, contributing to a smoother global logistics operation. This, in turn, mitigates the potential for costly errors and improves the overall reliability of the logistics process.

Automation 52

Automation Compliance SWIFT Process 52

PYMNTS

MARCH 15, 2017

The procurement department requires a strong technology foundation in order to control costs, manage supplier relations and generally execute the function effectively,” said Paul Mandell, cofounder and CEO of Consero, in a recent interview with SCMR. “To

Cybersecurity 42

Cybersecurity Risk Mitigation Regulatory Compliance B2C 42

Nanonets

MARCH 13, 2024

By automating data extraction from invoices, OCR software significantly reduces the burden of manual data entry, mitigating errors and optimizing resource utilization. OCR helps automate invoice processing, enabling businesses to track costs, manage budgets, and improve profitability.

Payment APIs and Integration 52

Payment APIs and Integration Automation Use Case API 52

PYMNTS

MARCH 24, 2016

Externally, Greece’s ongoing troubles, China’s continued performance weakening, dropping oil prices, rising dollar value, a potential Brexit and the Federal Reserve’s anxieties amid slowing job growth are just some of the situations impacting the CPO, from outsourcing to risk mitigation.

Innovation 40

Innovation Risk Mitigation Research Mitigation 40

Nanonets

NOVEMBER 14, 2023

Managing Costs and Risks: Cost management is a key aspect of procurement strategy. It involves negotiating favorable terms with suppliers, seeking cost-saving opportunities, and budget management. Risk Management: The framework should incorporate a comprehensive risk management plan.

Assessments 52

Assessments Risk Risk Management Mitigation 52