The Health Insurance Portability and Accountability Act (better known as HIPAA) set forth requirements for the secure access, storage, and exchange of health information. These requirements extend beyond just hospitals—take for example, HIPAA compliant accounts payable automation for healthcare. What […]
As technology rapidly improves, consumers are able to order almost anything online—for example, having restaurant food delivered straight to their door. They can make reservations online or order straight from a kiosk, without ever having to talk to a host. […]
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 […]
Most AP departments have heard of “early pay discounts,” but in manual or partially automated departments, lengthy invoice processing times keep them from becoming a reality. However, with the proper enterprise solution, electronic invoices are processed more efficiently and early […]
When it comes to the accounts payable department, one of the most frustrating responsibilities the team faces is dealing with disgruntled suppliers. When things aren’t automated and easy to track, suppliers are constantly calling with inquiries taking time away from […]
With an enterprise-level accounts payable automation solution, automated approvals are a standard feature that should be included within the solution. The ideal automated approval workflow consists of hierarchical routing/business rules, automated escalations, and vacation re-routing. With these features, your accounts […]
Customers are becoming increasingly able to order anything online, including food, receive electronic receipts, and have anything and everything delivered directly to their door. They can make online reservations or stand in line at a kiosk to order without ever […]
COVID-19 has had a devastating effect on America’s economy and social activity – and airlines took one of the hardest hits. This past year has seen a decline of more than 1 billion passengers, or 64.6% of global airline traffic. […]
Making the decision to automate AP processes isn’t easy for many enterprises, although the many benefits of doing so are hard to deny. While AP automation solutions sound great for decision-makers, their implementation and integration with ERP systems and workflows […]
