Cost reduction is a perennial issue in business, especially for SMEs. Our latest study (available in German) shows a remarkable trend: after years of focusing on the security of supply, SMEs are now focusing on reducing procurement costs. This blog sheds light on why this change in focus is taking place and how companies can effectively reduce their costs.
Onventis Buyer digitalizes procurement and financial processes, improving efficiency and transparency. It streamlines workflows, reduces manual efforts, and allows real-time data access for smarter procurement decisions.
Automate your accounts payable with Onventis Invoice Processing. Using robotic accounting and OCR-as-a-Service, it reduces processing time and increases accuracy by eliminating manual tasks in invoice management.
Onventis Spend Analytics uses AI to provide actionable insights into procurement data. It helps optimize supplier relationships and drive informed decisions that improve efficiency and liquidity.
The Greenhouse Gas Protocol (GHG Protocol) was launched in 1998 by the World Resources Insitute (WRI) and the World Business Council for Sustainable Development (WBCSD).
The skills shortage in the social sector is more than just a challenge for organizations. It is a system-wide problem that has a profound impact on the quality of care and support provided to those in need. These institutions are the pillars of our society, constantly creating added value for residents and those in need of care. This makes it all the more important that social organizations future-proof themselves and tackle the shortage of resources and specialists. A key area in this process is procurement: this essential function in every organization holds great potential for savings in resources, time and costs.
