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 […]
According to a 2016 fraud study that analyzed 2,410 cases, businesses lost over $6.3 billion dollars to fraud. While fraud schemes are numerous and changing every day, scammers depend on tried and true methods that have worked well for them […]
A few months ago we sent out over 30,000 email surveys to CFO’s, AP managers, controllers and other financial department decision makers asking them about how efficiently their AP department operates and what level of automation they utilize. For your […]
Client: World’s Largest Restaurant Company Company Size: $11.3B in Annual Revenues The world’s largest restaurant company had dramatically reduced expenses and begun to capture discounts when they implemented an electronic invoicing solution from one of iPayables competitors. However, when that […]
Client: Software Developer of Rock Video Games Company Size: 200 Employees A developer of some of the most popular video games ever produced, was faced with the decision to add employees to their payables department, or invest in accounts payable […]
