Productivity vs. Productive Effort: What’s the Difference?

I was reading a blog recently about the virtues and vices of productivity tools. The post took on the numerous apps and platforms available to make you more productive. To-do lists, date organizers, daily reminders, for example. It seems custom … Read More

4 Important Accounts Payable Tasks to Automate

The accounts payable department plays a crucial role in your business. It directly impacts cash flow and important relationships with suppliers. Many accounts payable departments are still reviewing invoices manually and cutting paper checks. This is an outdated, labor-intensive process. … Read More

Paperless Solutions to Enhance Your Business

In a recent article in Forbes magazine discussing the state of the “Paperless Office”, it was mentioned that, “we are still stocking our offices with paper and using enough of it to reach halfway to the moon.” It also said … Read More

7 Reasons Why You Should Invest in AP Automation Software

In this era of digitalization, organizations in different industries ranging from healthcare to manufacturing are soliciting for different ways to streamline their operations. Most forward-looking companies are embracing digital methods to increase efficiency and cut costs. Finance professionals such as … Read More

How To Benefit From AP Automation

The world of Accounts Payable is changing drastically. Much of this has to do with AP automation software. A number of financial professionals, including those in Accounts Payable and Accounts Receivable, are still using manual methods. It’s important to learn … Read More

The Importance of Customer Service with AP Automation Solutions

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 … Read More

AP Automation a Digital Transformation

A digital transformation through AP automation is allowing accounts payable department to implement and leverage all the available digital methods and accounts payable processes, allowing these AP departments to successfully accelerate their impact on entire organizations. Electronic Invoicing is the … 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

Easing Month-End with Accounts Payable Automation

Accounting Managers: Can’t Meet Month-End Deadlines? Consider Accounts Payable Automation Only accounting and finance professionals in fast-paced environments understand the rush of trying to get everything entered for month-end closing, while maintaining near-perfect accuracy. Other departments may express frustration directed … Read More

Saving Time and Money with E-Invoicing

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 … Read More

Invoice Management and AP Automation

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, … Read More

Can Dynamic Discounting Improve Cash Flow?

If you’re one of many business owners today who may not know exactly what dynamic discounting is and how it works in communion with accounts payable automation and electronic invoicing, here are a few facts. In a nutshell, it’s a … Read More

Increasing Quality Control in Accounts Payable

In today’s accounts payable department, concise financial reporting is crucial. A poorly reported accounts payable department can result in omitted liabilities, understated expenses, and a shortfall in supplies to the customer. Errors in manual reporting may result in fraudulent activity … Read More

Managing the Risk of Foreign Suppliers

Risk management is a daily struggle for businesses that directly affects accounts payable. For a variety of reasons, many corporations today are choosing to import from foreign suppliers. The advantages of using foreign suppliers are many, but the level of … Read More

Innovative Solutions That Rock The AP World

For several years, the average business organization was focused on the rote day-to-day manual activities of the accounts payable department as a way to define its value. Departments whose manual activities from purchase order matching to invoice payment ran smoothly … Read More