Eliminating the Paper Trail with Greater Efficiency

It’s hard to believe that a large percent of B2B transactions in the US and the UK are still being done with paper checks and invoices. What’s even harder to imagine is that according to the leading management consulting firm … Read More

How AP Automation Facilitates Business Contracts

Buyers and suppliers negotiate contracts all the time. Sometimes they are in the form of purchase orders that must be accepted when received. At other times there are lengthier general contracts involved that are negotiated before a purchase order is … Read More

Innovation with AP Automation

The very definition of an entrepreneur implies someone who innovates. Innovation is what drives the market; without it, the spirit of competition would drown in a sea of redundancy. Although innovation is often seen as something that comes from the … Read More

Automation and your Companies Future

John Chambers, the outgoing CEO of Cisco, made a shocking statement to an audience of business owners just prior to retiring in 2015. He stated that 40% of their businesses would be functionally dead in 10 years. His statement was … Read More

Evaluating Our Systems and Streamlining with AP Automation

Having a viable Accounts Payable Automation system is like having properly functioning plumbing in your home. Without it, you could be in big trouble. Just like clogs and leaky pipes make for a miserable existence, so can a business that … Read More

Closing The Gap Between Procurement and Accounts Payable

Ideally, all departments in a business should be able to work together collaboratively to accomplish the overall goals of the company. In reality, things often don’t work so smoothly. Purchasing and Accounts Payable are an example of two departments that … Read More

Does Your AP Department Have Terminal Jet Lag?

Technological advances are surging ahead so quickly that many in the business world are experiencing a kind of jet lag. Those who have travelled between time zones know the feeling well. It disrupts your body rhythm, causing you to feel … Read More

Predictive Analytics & AP Automation

In a recent article, the Harvard Business reviewed the differences between forecasting and predictive analytics and, how a company’s analytics are related to its profitability. http://bit.ly/2dJ7wzb So, in answer to the first question, predictive analytics goes way beyond forecasting because … Read More

Adapting to the use of Automation in Business

When the use of artificial intelligence was first introduced, there were many science fiction movies made about the effect it would have on mankind. Computers and robots were often portrayed as sentient beings whose ultimate desire was to take over … Read More

Breaking Through the Glass Ceiling of AP Automation

A dramatic change is occurring in the perception of the worldwide market about the strategic importance of the accounts payable department. Business leaders are beginning to understand its importance in the making of primary monetary decisions. This is a clear … Read More