By reducing its costs, the organization believes it'll remain on track for its earnings guidance from this quarter, which will see 2023 sales decline by 2% to 5%.
By automating tax compliance, companies can cut costs and processing time, protect themselves against fines and penalties resulting from audits, and create a better customer experience.
In Singapore, the German industrial conglomerate will reportedly spend €200 million to build a facility that will produce factory automation devices to meet rising Asian demands.
As transportation costs continue to rise and supply chains become increasingly complex, the demand for freight audit and payment services will likely grow.
In DispatchTrack's "2023 Supply Chain Perspective" survey, 72% of professionals said they're still experiencing significant supply chain challenges despite claims that the global crisis has improved.
Will the dream of an "end-to-end" supply chain finally come true — and if so, what will make it happen? Sumit Dutta, partner and leader of the Americas supply chain market with EY, has the answer.
The latest news, analysis, trends and solutions regarding supply chain finance and revenue management. New technologies in finance and revenue management are transforming the way companies operate - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using finance and revenue management solutions for supply chain optimization.
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