Invu Blog

Stay up-to-date with the latest news in automated solutions

Digital Mind-set: Hotel bookings and check out

hotel blog

People occasionally say things to me that echo around the digital void between my ears. This morning I checked out of a hotel and as per usual I intercepted the ritual of stapling the credit card slip (my records) to the VAT receipt (for company records). The receptionist told me,…

Read more ...

Who pays the ferryman?

Who pays the ferryman?

Following the Autumn Statement impact on letting fees: Who pays the ferryman? Letting agents may be excused from feeling a bit like the mythical Greek character Charon, the ferryman of Hades who carries the souls of the newly deceased across the rivers Styx and Acheron that divided the world of…

Read more ...

Addressing the Challenge of Financial Process Complacency

shutterstock 181452521

Finance Directors and teams can be blamed for delaying payments but recent research suggests otherwise. The research – conducted by Invu of UK finance workers – suggests late payments are often a result of poor purchasing systems and processes, rather than a cash management decision based on visibility and control….

Read more ...

Late payments endanger innovation and company survival

late payment

Spend control is all important to a company’s bottom line and can be the difference between a profit and a loss but all SME’s know you cannot pay your wages bill with profit. Cash, as they say, is king. The availability of cash in a business is all about working…

Read more ...

The Invu 2015 Journey – What a year

2015

2015 is fast coming to a close and over a cup of tea and minced pie, we decided to take a look back on the year. We personally feel as though the last year has been jam-packed, with one highlight being our Invu User Conference in November. Aside from that,…

Read more ...

Are you experiencing Christmas Chaos? Retailers’ requirement for supply chain management

Xmas blog image

Retailers are still recovering from the biggest Black Friday and Cyber Monday to date in the UK – £3.3bn spent over the weekend – but after witnessing an ‘end of days’ frenzy at many bricks and mortar shops, consumers this year hit the virtual high street and instead opted to…

Read more ...

The Invoice Pantomime: And how to end it

Panto Image

When implementing invoice automation processes at many mid-sized businesses, you can often witness a ‘pantomime’ effect taking place! Invoicing is in a rather muddled state. “Oh no it’s not!” you might shout. “Oh yes it is! is my response. 1# Invisible commitment: A purchase has occurred that the company did…

Read more ...

Three things Housing Associations can do to reduce reliance on paper

Housing blog image

Housing Associations across the UK own around 2.7 million properties according to the Office of National Statistics. That’s a lot of paper! From property and maintenance records to confidential tenant information and supplier Purchase Orders, many housing associations have thousands of documents they have accumulated over the years. However, with…

Read more ...

Research into the UK Purchase Order Process

CEt5J2ZWAAA7D9R

To support the release of our Purchase Order Processing (POP) solution we have researched the UK SME industry to better understand the challenges and pain points facing financial controllers. Performed by independent research house, RedShift Research, our report addresses the fragmented approach UK SMEs have to POP. We set out…

Read more ...

Invu Summer Roadshow – London, Birmingham, Manchester.

Roadshow blog image

As summer approaches we are hitting the road with three customer events in London, Birmingham and Manchester. The Invu Summer Roadshow events are free-to-attend and provide the opportunity for us to update customers on the latest solutions, modules and developments to the Invu technology. The Invu Summer Roadshow begins its…

Read more ...

Hide and Seek: Keeping Track of the Evil Purchase Order

POP Blog image

It is a battle any financial worker will understand – knowing where a Purchase Order is within the Purchase Order Process (POP) and validating all elements required are completed has been giving financial workers a headache for many years. Invu recently commissioned some research into the area of POP, asking…

Read more ...

Purchase Order Processing: A snapshot into our industry survey

Purchasing survey blog image final

The purchase order system is broken. A bold statement perhaps, but one that we agreed summed up the situation in many small to medium-sized businesses (SMBs). However this was merely our interpretation of the market based on our day-to-day experience, we had nothing to support this notion. To investigate our…

Read more ...

Invu exhibiting at the Housing Finance Conference and Exhibition

housing finance warwick

We will be attending the Housing Finance Conference and Exhibition at the University of Warwick tomorrow, Wednesday 18 March. The yearly event is for finance professionals in the social housing sector and sees over 1,000 business minds meet for topical debates, to share best practices and learn about the latest…

Read more ...

eWorld – Crossing the Purchase Order Process Chasm

POP Blog image

The team at Invu recently attended eWorld Procurement & Supply, the Leading Bi-Annual Event for Procurement Innovation, on the 3rd March to discuss the latest trends in the procurement world. Stuart Evans, CTO of Invu, started off the morning with a presentation titled ‘Crossing the Purchase Process Chasm’ where he…

Read more ...