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

Achieving The Dream of Going Completely Paperless

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 … Read More

Three Necessary Enterprise Tools

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 … Read More

Financial Adeptness: #1 Objective for AP Departments

In 2008, an economic meltdown occurred all around the world. It has been almost a decade since the onset of this recession and the first attempts to kick start recovery. While the financial markets have now bounced back and enterprises … Read More

Trade Secrets of the Highly Competitive CFO

In the current economy, progress requires finance leaders to become smarter and faster than ever before. So, what’s the first step in becoming a successful architect of a contemporary financial infrastructure for a company? Maintaining a strong grasp on the … Read More

SaaS Solutions: Helping Businesses to Help Themselves

We all know what they say about fishing, give a man a fish and he eats for a day. Teach him how to fish and he eats for a lifetime, while showing the rest of his village how to do … Read More

The Undeniable Benefits of AP Automation

In an increasingly fast paced high tech world, nothing is more important than efficiency. If a business is inefficient, it loses money. If customer or supplier relations is poor, it can lose money. The good news is that AP automation … Read More

AP Automation & Procurement

Successful businesses stay in business by keeping a close watch on their cash flows. One prime way of doing this is by the integration of treasury and accounts payable departments. A savvy organization will forge a working relationship between its … Read More

Survey Results from Accounts Payable Efficiency Study

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 … Read More