Electronic Payments

5 Essential AP Automation Features for Enterprise

Automating accounts payable undoubtedly provides substantial benefits to a company, including reducing costs and improving efficiency. However, before implementing, it’s important to be aware that, like many things in life, there is no such thing as a one-size-fits-all solution. When […]

Why Electronic Payment Options are a Must for B2B

With technology rapidly advancing, many businesses have cut down on—if not completely eliminated—their use of paper checks. As businesses explore electronic invoicing options, they are finding that electronic payments provide benefits to both the supplier and customer. Overall, there are […]

Can Dynamic Discounting for Enterprise Businesses Improve Cash Flow?

Most AP departments have heard of “early pay discounts,” but in manual or partially automated departments, lengthy invoice processing times keep them from becoming a reality. However, with the proper enterprise solution, electronic invoices are processed more efficiently and early […]

Managing AP With the Rise of Remote Work

Due to the great resignation, many accounts payable departments are understaffed, and struggling to find new people to properly take on the job. Often times, the staff that already exists are either unable to come into the office or would […]

5 Ways to Prevent Fraud with AP Automation

As years have gone on, different and more complex forms of accounts payable fraud have emerged. Manual and partially-automated accounts payable departments are the most at-risk of falling victim to these new forms of fraud. In a manual AP department, […]

4 Ways AP Automation Gives Your Department Control

As with most things that are automated by technology, many people worry that it if a machine is “doing all the work,” there won’t be any room for humans to intervene in the case of an error. However, instead of […]

AP Automation: 3 Common Misconceptions

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 […]

AP Automation and Cash Flow Management

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 […]