AP workflow automation can turn Accounts Payable from a back-office burden into a front-office asset. This can take place by streamlining the invoice processing time from 30-to-45 days down to 1-to-5 days in order to capture discounts and reduce costs. […]
Think about a sports car. Some may argue that a Fiat 500 is a sports car and technically that may be true. Although “sporty” it may be, I think a more accurate example of a true sports car would be […]
AP Automation and the Healthcare Industry Organizations with large supply chains often find themselves awash in a sea of paper, often drowning potential discounts and making late payments because their accounts payable system hasn’t grown with the business. Healthcare organizations […]
I have noticed that most Accounts Payable groups like to start the year off with ideas and strategies that will help them in the coming year. Each of these departments are in different companies with differing sets of circumstances that […]
For over 12 years I have worked with a plethora of customers, moving them from paper to an electronic invoicing process. Each customer is unique and often have very specific business processes and therefore, iPayables customizes the INVOICEWORKS platform to fulfill a customer’s […]
There are a lot of opinions about what constitutes an electronic invoice, including pontification on this blog about the distinction between “real” electronic invoices versus the pretenders – emailed invoices and imaged paper. But, perhaps because of the advancing years, or maybe just […]
Since the early 1970’s businesses have used their own individual electronic systems to exchange invoice and purchase order information. These transactions have generally been in an ELECTRONIC DATA INTERCHANGE, or EDI, format. THE US TRANSPORTATION DATA COORDINATING COMMITTEE AND EDI In […]
American Airlines had done a great deal of work to reduce paper in their Accounts Payable department. In fact, 83% of invoices were delivered electronically via EDI. But the last 17% proved too difficult to convert to EDI. Among the […]
American Eagle Airlines operates their Accounts Payable department separately from their sister company American Airlines. In fact, while American Airlines had converted 83% of paper invoices to EDI, American Eagle’s internal processes had made EDI more difficult and American Eagle […]
