In a recent article in Forbes magazine discussing the state of the “Paperless Office”, it was mentioned that, “we are still stocking our offices with paper and using enough of it to reach halfway to the moon.” It also said … Read More
7 Tips to Keep Control of Company Credit Card Accountability – Pt 2
[Continued from Part 1] 4) Don’t Hesitate to Investigate When it comes to financial accountability, record keeping is paramount. No matter how much you trust your team and how lenient you want to be, having clean financial records shouldn’t hurt … Read More
7 Tips to Keep Control of Company Credit Card Accountability – Pt 1
Company credit cards are an important tool for many departments. From employees that entertain clients to employees that travel, using the company credit card is often the ideal way to manage individual expenses. Sometimes a department has a card, managers … Read More
An AP Managers Best Solution
As AP managers your main role is to manage your Accounts Payable department’s day-to-day operation and make it work seamlessly. This includes the way that every AP clerk is managing his or her specific job and contributing to the overall … Read More
Healthcare Seeking AP Solutions to Implement Document Control
The healthcare sector faces numerous challenges. Ranging from rising costs to healthcare regulatory challenges, and maintaining efficient operations, these challenges can be overwhelming. Healthcare leaders are seeking AP solutions and turning to technologies such AP automation. AP automation has proved … Read More
7 Reasons Why You Should Invest in AP Automation Software
In this era of digitalization, organizations in different industries ranging from healthcare to manufacturing are soliciting for different ways to streamline their operations. Most forward-looking companies are embracing digital methods to increase efficiency and cut costs. Finance professionals such as … Read More
Solving Common AP Problems with Electronic Invoicing
Electronic invoicing is one of the best ways an organization can improve the functionality of their accounts payable department. However, many organizations are still using paper systems because they don’t understand how the process of automation can fully benefit their … Read More
How Your Organization Can Benefit from ACH, Virtual Card, and Wire Transfers
In the contemporary business world, credit constraints have pushed businesses into researching on ways to use internal funds efficiently and reduce costs. Among the areas that firms are exploring for cost reduction opportunities are the account payables. Organizations have discovered … Read More
Electronic Payments: Best Trends and Practices
Customers make payments millions of times daily using their debit cards, electronic payments, checks or other payment methods. Customers have grown comfortable with the use of credit cards as they are very convenient to use and accepted widely as a … 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
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
Why Electronic Payment Options are a Must for B2B
In a world where consumers can purchase goods with a click of a button, it seems silly that many businesses are still using paper checks to make purchases. As businesses explore electronic payment options, they are finding that there are … Read More
Why Paper Checks Are Not the Safest Option for B2B Payments
When was the last time you saw someone pay for their groceries by check? Let’s be honest—many of us will judge a fellow customer for using paper checks in stores. We’ll wonder how they could possibly find it convenient to … Read More
Increasing ROI from AP Automation
As businesses turn towards automation to increase productivity and decrease errors, customers turn to electronic invoicing for vendors, giving them the information needed for making payments early or on time. AP automation has been shown to increase the rate of … Read More