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
With the future of healthcare being impacted heavily by insurance, regulatory compliance and other major factors, 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 is it so important that you take into consideration how your ERP system will be impacted when you’re upgrading … Read More
Automation Improves the Supplier Chain
Technology is being used every day in most business functions to increase efficiency and decrease errors. When dealing with the supplier chain, it can be highly beneficial for organizations of all sizes to implement automation. With the growth of globalization … Read More
Benefits of Automation for AP Managers
In order to explain just how Accounts Payable Automation benefits AP managers, first we should ask the all-important question that may be on many people’s minds is, “What does an AP Manager do exactly?” Mainly, they manage an Accounts Payable … Read More
Why Paper Checks Are Not the Safest Option for B2B Payments
Why Paper Checks Are Not the Safest Option for B2B Payments (and How Accounts Payable Automation can Streamline Electronic Payments) When was the last time you saw someone pay for their groceries by check? Let’s be honest—many of us will … 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
Top Trends in Electronic Payments
The electronic payments sector is growing day by day. Just as other technologies, these forms of payment including ACH, wire transfers and virtual cards, have too many advantages to ignore. At the same time, paper payments through cash or check … Read More
4 Features for a Successful AP Automation Implementation
When it comes to AP automation, there are several common mistakes that can be made during implementation. These mistakes can delay the overall use of automation and cause significant frustration within your organization. The following 4 features can help turn … Read More
Why Paper Checks Are Not the Safest Option for B2B
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