Electronic Invoicing
With new developments in automation, the fear of machines replacing certain jobs has increased in the modern workplace. With a title like “accounts payable automation,” do people in the AP department need to worry about their positions being replaced if […]
When choosing the right accounts payable automation solution, it’s highly important to consider one that offers the convenience of a user dashboard. AP automation dashboards give important insights on a large variety of essential company metrics. Typically, these dashboards are […]
As AP automation advances, more accounts payable departments have come to realize the benefits of taking advantage of dynamic discounting. This, in turn, has brought many AP departments into a better light within their companies. Typically, an invoice can come […]
When deciding whether to automate your accounts payable department, it’s important to have an idea of what that automation will look like for your department. Unfortunately, there are often misconceptions about what “fully automating” an AP department actually means. Many […]
iPayables understands that not all of your vendors will be willing to change their current process just because you adopted a highly proficient accounts payable automation initiative. While submitting invoices electronically through the vendor portal would save those suppliers time […]
An accounts payable department that relies heavily on paper often faces difficulty maintaining organization and keeping track of invoices. Lack of invoice visibility can cause turmoil during audit times, or if a supplier calls and has a dispute about an […]
There are a number of ways which AP automation can benefit the cash flow of a business. Arguably, the most important is the ability to take advantage of better invoice processing, from capture to approval. This boosts overall transparency, which […]
Since early 2020, life as we know it has changed drastically. The pandemic has caused turbulence not only in people’s day-to-day lives, but in the regular world of business as well. For accounts payable departments specifically, it’s been a huge […]
The accounts payable department of a company is essential, and yet often under-appreciated. Without the payables department, the business would never pay off suppliers and would therefore come to a halt. The payables department keeps the company running smooth—but it’s […]