Often accounts payable departments are still doing everything by hand. The accounts receivable may be automated, but not the counterpart in business which may still be using paper rather than electronic invoices. For some, it is just something that hasn’t […]
Perhaps no one ever died from a single paper cut, but that doesn’t mean many people probably feel they are dying from a 1,000 small cuts every day as they go through the tedious, but necessary process of sorting through […]
Life moves quickly these days – a newly-released piece of technology ten years ago was relevant for at least several years while now it can be obsolete in three months. Business is also moving at this frenetic pace, with the […]
Regardless of size or industry, invoice management is a big concern for any organization. Even relatively small operations can have very complex AP processes, particularly if they’re dealing with suppliers that are geographically dispersed. While administrative requirements are usually straightforward, […]
Today’s EIPP (Electronic Invoice Presentment and Payment) solutions take the invoice from submission to the appropriate payment, from ACH with dynamic discounting for discount maximization, to card processing for increased days payables outstanding, to check printing. All of these functions […]
