In a time where many companies are facing the unfortunate reality of “the great resignation,” organizations with accounts payable departments that heavily rely on manual processes are facing huge obstacles. Companies are spending more money just to try to build […]
Managing an accounts payable department can prove to be quite demanding, but with the proper tools, it can be rewarding and profitable. Accounts payable is often looked at as a subordinate department—expected to cut costs while increasing performance, visibility, and […]
When upgrading your accounts payable department with automation, one of the huge benefits is the convenience of having all your invoices stored in one place. In an enterprise business, AP departments typically have a large number of invoices that must […]
Automating accounts payable undoubtedly provides substantial benefits to a company, including reducing costs and improving efficiency. However, before implementing, it’s important to be aware that, like many things in life, there is no such thing as a one-size-fits-all solution. When […]
If you’re exploring the market to find an accounts payable automation solution, you may have noticed that there are many different solutions to choose from. When examining these solutions, it’s important to keep in mind that AP departments look different […]
When it comes to accounts payable automation, some solutions will charge a fee per-user to access invoice information on their online portal. This expense may seem necessary, but what about when people from other departments have invoices that require their […]
It’s no secret that the accounts payable department of any large business has a lot on their plate. Between manually keying in invoices, managing exceptions, and handling supplier inquiries, the average AP staff’s to-do list seems never-ending. What many departments […]
When it comes to the modern perception of accounts payable, many people still imagine a department that relies heavily on paper and manual processes. However, with modern advances in technology, there are many opportunities for accounts payable professionals to have […]
Due to the great resignation, many accounts payable departments are understaffed, and struggling to find new people to properly take on the job. Often times, the staff that already exists are either unable to come into the office or would […]
