Adapting to Automation

Mention the word “robotics” and a picture emerges of a metal-faced automaton with roving antennae and superhuman abilities. The possible dilemma of futuristic robots who take over mankind has been well-dramatized in popular science fiction movies. Yet here we are … Read More

The Past, Present, and Future of AP Automation

It’s a well-known fact that organizations and accounts payable managers believe that one key component to keeping suppliers satisfied is an efficient AP software solution. At the same time, it also delivers cost-effective benefits to the company’s bottom line, while … Read More

Amping up the Use of AP Automation

The need to fully utilize technological advances is the latest elephant in the room for the business sector. No longer are businesses lagging because they haven’t acquired the latest technology. Now they are simply slow in using what is already … Read More

Measuring the Effectiveness of Accounts Payable

Accounts payable is one department in any organization that should be relatively easy to measure for effectiveness. Factors such as rate of invoice turnover, number of invoices correctly processed and others can be expressed numerically with little trouble if the … Read More

The Electronic Payment Alarm

A fire in a building is a very dangerous thing, but building codes and precautions are set up to avoid it and alarms are installed to make everyone aware of its earliest signs. Significant damage can be done in a … Read More

Encouraging Change Through AP Automation

When computer systems were first introduced into the American workplace, it was difficult to foresee how much they would change business practices. Prior to computers, all accounting was laboriously recorded on ledger sheets and paper documents and a significant amount of … Read More

Taking Accounts Payable to the Next Level

Most people these days continue to think that AP departments are meant for just focusing on certain manual activities and data entry. But, that was in the past. Fast forward to current day and well into the future of business … Read More

How E-invoicing Enhances Collaboration

Collaboration between two business partners always begins with the understanding that the combined efforts of two partners together are more potent than those of any single entity standing alone. Collaborative arrangements are possible both inside and outside of an organization, … Read More

CFO’s and The New Accounts Payable Department

The question of whether automation ought to be used in the accounts payable department is no longer a relevant one. So many other business functions are now being automated that accounts payable is quickly following suit. The larger question is … Read More

Three Important Elements of a Successful AP Department

As competition is increasing every day in most business sectors, organizational leaders ask all their departments to start playing a more strategic role in both controlling costs and driving growth. And, of course, AP departments are no exception. But, the … Read More