2 Payment Types to Better Connect Your Automation with Your Suppliers

Supplier enablement has always been a great focus for AP departments. So what happens whey you become automated and try to transition your suppliers? There are two types of payment strategies to get suppliers on that could help your business. … Read More

AP Automation: If you Don’t have it, You May be Left in the Dirt.

It’s important to understand some of the latest trends and best practices when it comes to using electronic payments. There are still a large number of businesses paying at least half of their invoices using paper checks. By understanding the … Read More

AP Automation for Health Care: Helping Hospitals Align to the Triple Aim

The ever-increasing healthcare costs, cases of malpractice, and increased inefficiency are among the factors that led to healthcare reform. In 2010, for example, the US allocated the highest amount of money to the healthcare sector in the world. Approximately $3.2 trillion was … Read More

How to Leverage the Benefits of Dynamic Discounting

Saving time, money, and effort are always focuses for businesses. Businesses are taking advantage of these focuses with AP automation technology. Electronic invoicing systems streamline AP processes and expand a business’s financial capabilities including acquiring discounts. Let’s discuss how these … Read More

Debunking the Top 5 AP Automation Myths

In this era of digitalization, automation has become an excellent option for AP departments. Automation offers AP departments increased efficiency, cost savings, and greater speed in processing invoices. However, as AP automation grows so does the misconceptions and myths around … Read More

5 Best Practices in AP Automation

An automated accounts payable system can streamline your company’s accounting process. It can also prevent you from damaging important business relationships with your suppliers due to late payments. There are many benefits to using an accounts payable automated system, especially … Read More

3 Practices to Make Your AP Workflows Reliable Again

Organizations of all types have inefficiencies in their workflows and greater inefficiency is more identifiable then with manual AP workflows. These defects grow exponentially as the business grows larger. This growing complication creates an environment prone to wasteful processes. Automation … Read More

Why Electronic Payment Options are a Must for B2B

In a world where consumers can purchase goods with a click of a button, it seems silly that many businesses are still using paper checks to make purchases. As businesses explore electronic payment options, they are finding that there are … Read More

Top 4 Reasons Why Health Care AP is Going Automated

The contemporary healthcare sector faces numerous challenges ranging from operational inefficiencies to increasing costs. In a bid to improve the sector, an array of improvements geared at offering value to patients, reducing costs, and ensuring financial compliance should be made. … Read More

Make 2019 Your Best Year Yet With Accounts Payable Automation

Your company’s prosperity depends in great part on your cash flow management. Some business owners assume that the only way to manage their accounting services is to hire a costly team of full-time accounting employees. Fortunately, accounts payable automation is a superb … Read More

AP Automation: 2009 to 2019

Looking back over the last decade AP Automation, Dynamic Discounting, and E-invoicing have made great strides. Some people may reflect on the last ten years and think that not much really happened, while others will tell you that a lot … Read More

AP Solutions Cleaning Up the Paper Act

Methods to reduce the cost per transaction and find better AP Solutions is a main focus of AP departments. At the forefront of these solutions are simply just space efficiency . Few people are aware that companies no longer physically … Read More

Dynamic Discounting and the Time Value of Money

In a recent article by CPO Rising, the difference between early payment discounts and the ‘Time Value of Money’ was discussed. So, what do they have in common? Well, for starters, they’re both integral parts of accounts payable automation. What … Read More

Transforming Paper Care into Patient Care

The future of healthcare is impacted heavily by insurance, regulatory compliance and other major factors. Thus, hospitals, clinics, and other patient care networks across the country are looking for means to become more financially stable. As part of this, they … Read More

9 Benefits of AP Automation with ERP Integration

One of the biggest questions CFO’S and AP Managers need to discuss before implementing AP automation into their organization is, “Why should I consider how my ERP system will be impacted when upgrading to an AP automation solution?” Running Large … Read More