The healthcare industry is changing gradually from volume-based care to value-based care. This change necessitates all healthcare departments to increase their efficiency and cut costs. Among the departments that require significant modifications to reduce costs and improve efficiency is the … Read More
3 Benefits of Remote Management with AP Automation Solutions
One of the last frontiers for cloud and mobile computing technologies to streamline is AP automation. This is changing quickly though, as more and more businesses realize the benefits of adopting invoice automation solutions. One of these benefits is remote management, … Read More
2 Payment Types to Better Connect Your Automation with Your Suppliers
Supplier enablement has always been a great focus for AP departments. So what happens whey you become automated and try to transition your suppliers? There are two types of payment strategies to get suppliers on that could help your business. … Read More
Debunking the Top 5 AP Automation Myths
In this era of digitalization, automation has become an excellent option for AP departments. Automation offers AP departments increased efficiency, cost savings, and greater speed in processing invoices. However, as AP automation grows so does the misconceptions and myths around … Read More
Electronic Payments for Modern Businesses
As innovative digital technology continues to rapidly progress in the world, modern businesses are being compelled to adapt with online trends to keep up with their customer’s expectations and needs. Significantly, this includes transforming electronic payment methods to streamline workflow … Read More
9 Electronic Payment Trends to Expect In 2019
Electronic payment methods are becoming increasingly popular and more widely used around the world. In fact, digital payments are expected to hit 726 billion transactions by 2020. Following are eight of the top electronic payment trends that you can expect to see … Read More
5 Best Practices in AP Automation
An automated accounts payable system can streamline your company’s accounting process. It can also prevent you from damaging important business relationships with your suppliers due to late payments. There are many benefits to using an accounts payable automated system, especially … Read More
Dynamic Discounting and the Time Value of Money
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
The future of healthcare is impacted heavily by insurance, regulatory compliance and other major factors. Thus, 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 should I consider how my ERP system will be impacted when upgrading to an AP automation solution?” Running Large … Read More