Chris Rauen

Chris Rauen

Chris Rauen has been educating procurement and finance professionals on accounts payable automation and procure-to-pay transformation for more than 20 years. His articles have been featured in Treasury & Risk Management, Supply & Demand Chain Executive, Global Treasurer, Forbes ASAP, and more. He holds a B.A. in Economics from the University of California, Santa Barbara and a Professional Designation – Marketing from UCLA. Chris is the proud father of a film school graduate, an avid cyclist, and plays his blues harmonica whenever his Internet connection goes down.

LinkedIn

Articles by Chris Rauen

The Right Time to Fix Accounts Payable

US
Accounts PayableFintalk
When the economy slows, efficiency and cost control gain even more attention. And there’s no better business process to streamline than accounts payable….

What are Real Time Payments? How RTPs Work

US
Digital PaymentPayment TermsPayments
Real time payments (RTP) are payments that are initiated and completed in real-time, nearly instantaneously. RTPs remove the technical bottlenecks that cause payment delays, so you can make faster payments….

How to Implement a Winning Procurement Strategy

US
ProcurementProcurement ManagementProcurement Strategy
A procurement strategy is the blueprint for implementing a procurement process. It considers everything from building a supply chain, the systems for initiating and tracking purchases, managing costs and risks,…

Working Capital Definition: What is Working Capital?

US
Financial AccountingFinancial ManagementFinops
Working capital is the difference between current assets and current liabilities used to fund daily business operations. For a small to mid-size firm, working capital is vital to meeting payroll…

Sourcing vs. Procurement: Why You Need Both

US
Finance Best PracticesGuideProcurement
Sourcing and procurement aren’t separate business practices, where one has more value than the other. They are tightly inter-related business processes for purchasing goods and services. Together, they deliver great value…

What is CFDI? A Look at the e-Invoicing Standard in Mexico and Latin America

US
Financial TechnologyFinopsInvoice Management
CFDI, is an electronic invoice format mandated in Mexico and also used in certain Latin American countries. It serves as a digital tax receipt that provides all the details of…

Invoice Factoring: Is Alternative Financing Right for You?

US
Financial ManagementFinopsInvoice Management
Invoice factoring and other alternative financing options such as PO financing and supply chain finance can help you improve your cash flow and get timely funding for ongoing business operations….