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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
Businesses have been talking about the goal of going totally paperless for a long time, ever since the 1970’s. In spite of numerous technological improvements, the dream seems to have eluded them. Why? What is the hold-up, and what can […]
What are the best tools to improve your business? Depending on what type of business you operate will determine those implements that you will use to make a successful business. For example, if you are a Dentist you will need […]
