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
With the future of healthcare being impacted heavily by insurance, regulatory compliance and other major factors, 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 is it so important that you take into consideration how your ERP system will be impacted when you’re upgrading … Read More
Automation Improves the Supplier Chain
Technology is being used every day in most business functions to increase efficiency and decrease errors. When dealing with the supplier chain, it can be highly beneficial for organizations of all sizes to implement automation. With the growth of globalization … Read More
Increasing ROI from AP Automation
As businesses turn towards automation to increase productivity and decrease errors, customers turn to electronic invoicing for vendors, giving them the information needed for making payments early or on time. AP automation has been shown to increase the rate of … Read More
Increasing Visibility and Control with AP Automation
In the last few years, Accounts Payable Departments have taken advantage of advances in AP Automation. For some, cloud-based software programs have cut their processing times by more than fifty percent. Despite the advances, many companies still process their invoices … Read More
3 Key Factors Influencing AP Automation Adoption
When technology advances as dynamically as it has over the last decade, businesses and organizations will inevitably find themselves at different levels of technological adaptation. This transitional phase in the era of cloud and mobile computing is even more stark … Read More
Electronic Payments And Your Business
In an age of widespread e-commerce, it may come as a surprise to discover businesses frequently pay invoices with paper checks. Even a retail business that does a large proportion of its customer transactions in cash should have every reason to … Read More
The Data-Driven Accounts Payable Department
The advent of technological innovation such as big data and cloud computing have coalesced and chief financial officer’s or CFOs and their teams are finding that these new technological innovations can easily be integrated into the way they do business. … Read More
AP Automation and the CFO
One of the most difficult steps in your much-needed implementation of AP automation for your company could very well be getting your CFO onboard with the idea. Why? Well, CFOs have a number of concerns that need to be addressed … Read More