LemonEdge’s Post

Accuracy, transparency, and client trust - all upheld by performance reporting in outsourced investment operations. Dive into the details in our newest blog: https://lnkd.in/e8ppNiWT #Outsourcing #PerformanceReporting #ClientTrust

It is so important to understand the financial model of the route planning solution vendor and the role that outside funding resources play in the growth, innovation and evolution of the company and its products. Read more 👉 https://zurl.co/N7pQ #financial #vendor

About 40 percent of PE firms are planning to outsource more of their IT, tax, fund accounting and compliance operations in the future, a recent Private Funds CFO survey found, yet the world of outsourcing is undergoing a profound transformation. “As an industry we’ve been fortunate to have third party pressures, from investors and regulators, driving private equity firms to outsource,” our CEO Michael Trinkaus told Rob Kotecki. “But no one can pretend that they’re outsourcing because they’ve got great partners that will help them bring forward the most automated, integrated, technologically advanced operating model. They’re outsourcing because they feel they don’t have a choice.” That is changing fast with co-sourcing, an alternative to outsourcing that is becoming increasingly popular among GPs. Outsourcing is a setup where the GP owns the data and the digital environment and cooperates with fund admins and other third parties on it. It offers numerous benefits including easier integration of tech innovation, new ways of extracting value from the data and the ability to change fund admins without a complex and error-prone data migration effort. “We sit between the software companies and the client and are able to tailor the tech to the unique structures, processes and systems for that specific client. It’s a win for them, and in the long term, that’s a win for us,” Mike added. Read the entire report, including more on the data migration and ownership challenges that traditional outsourcing brings and how co-sourcing may be compared to hiring an individual without having them on payroll, here: https://lnkd.in/gc62mEhX #Outsourcing #PrivateEquity #FundAdministration #FundServices #Fintech 

Successful tail spend management can drastically boost a company's cash flow and result in heightened Return on Investment (ROI). Read our latest article and learn how you can take the next step towards effective tail spend management! https://lnkd.in/dKYwGKAM #b2bpayments #fintech #procurement

In the ever-evolving landscape of finance and procurement, Bedrock stands out as the cornerstone of innovation and efficiency. Why? Because Bedrock Is All About The Groundwork At its core, Bedrock signifies reliability, stability, and the fundamental basis upon which thriving enterprises are built. In the realm of finance and procurement, this translates into a comprehensive suite of services aimed at transforming how businesses operate. Here's why Bedrock is synonymous with solid groundwork: 1. Recovering Lost Revenue: Bedrock understands the nuances of financial intricacies. By meticulously analyzing financial data, they unearth hidden revenue streams, ensuring businesses don't miss out on valuable recoveries from supplier overpayments, ultimately bolstering their bottom line. 2. Simplifying Payments: Complex payment procedures become streamlined with Bedrock. Our innovative tools and services automate the entire payment process, from approval to reconciliation, ensuring accuracy, speed, and reliability in every transaction. 3. Minimizing Risk: Bedrock employs cutting-edge artificial intelligence and machine learning to identify payment errors at the point of issuance. By proactively addressing potential pitfalls, they safeguard businesses against unexpected challenges, ensuring financial stability and peace of mind. 4. Reducing Onboarding Time: Integrating new suppliers seamlessly is a Bedrock speciality. Our streamlined onboarding processes, powered by automation, slash the time it takes to onboard new partners. This not only saves time but also enhances collaboration and accelerates business growth. By handling the essential groundwork that often goes unnoticed, Bedrock empowers finance and procurement teams to focus on strategic decision-making and driving business growth. With Bedrock as their foundation, businesses not only survive but thrive, knowing that their roots are as solid as Bedrock itself. Discover the difference and experience where your success story truly begins. #BedrockInnovates #FinancialFoundations #InnovationUnleashed

The link between spend control management and wider business efficiency may not be instantly apparent to many, but it can help organisations to lower expenses, streamline operations, realise procurement effectiveness, and achieve better overall financial performance. Unlock the secrets to successful cost-control management in our latest blog, which explains the intricacies of spend control, how to improve this process within finance and procurement teams, and how technology can assist this aspiration. #SpendControl #ExpenseManagement #OperationalEfficiency #FinancialPerformance

🚀 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 & 𝗣𝗿𝗼𝗰𝘂𝗿𝗲𝗺𝗲𝗻𝘁 - 𝗗𝗿𝗲𝗮𝗺 𝗧𝗲𝗮𝗺? #finance and #procurement teams have so much value to add independently. However it’s when they’re connected that incredible synergies can be uncovered, driving an exponentially higher amount of value to a business. PayEm connects finance and procurement teams to drive business growth. It unites these teams with one platform, offering compliance, control, efficiency, savings, and accountability. 👀 𝗧𝗮𝗸𝗲 𝗮 𝗹𝗼𝗼𝗸 at this interesting article and learn how PayEm effectively connects finance and procurement https://lnkd.in/eCYdFyYi #procurementtechnology #financeandoperations #supplierrelationshipmanagement #supplierrelationships #riskmitigation #costmanagement #costefficiency

Our Co-founder and CEO Itamar Jobani sat down with ProcureScape to discuss what issues PayEm solving, what makes our product stand out, and how we are overcoming our challenges. Read the full interview below!

In recent years, mid-market companies have expanded globally, creating a demand for innovative solutions in various business segments, especially finance. The currently fragmented accounting systems lead to inefficiencies, manual work, and data reconciliation difficulties. Cash flow forecasting, liquidity management, and currency optimisation across multiple entities and currencies become major headaches without the right treasury solutions. Here is a wide-open opportunity to develop innovative financial solutions specifically designed for the unique needs of mid-market companies with a global footprint. Streamlined financial processes, seamless compliance across borders, and real-time financial insights at their fingertips - the power you can offer these growing businesses. As globalisation accelerates, the demand for these specialised tools will skyrocket. Sharing a comprehensive work authored by my colleagues Florian Reichert , Daniel Philipp Niklas & Alexander Worbs #finance #payments #compliance

In the dynamic world of financial services, The Lead Enquiry is pioneering a transformative approach. This innovative strategy alleviates prominent business challenges, such as operational inefficiencies, escalating costs, and resource constraints. Businesses can also redirect their focus towards core operations, achieving greater efficiency, and ultimately elevating their competitive edge in the market. Discover how this approach is reshaping the industry and mitigating critical challenges financial services firms face. #Finance #TheLeadEnquiry #Outsourcing