Innovation with AP Automation

The very definition of an entrepreneur implies someone who innovates. Innovation is what drives the market; without it, the spirit of competition would drown in a sea of redundancy. Although innovation is often seen as something that comes from the … Read More

Automation and your Companies Future

John Chambers, the outgoing CEO of Cisco, made a shocking statement to an audience of business owners just prior to retiring in 2015. He stated that 40% of their businesses would be functionally dead in 10 years. His statement was … Read More

Evaluating Our Systems and Streamlining with AP Automation

Having a viable Accounts Payable Automation system is like having properly functioning plumbing in your home. Without it, you could be in big trouble. Just like clogs and leaky pipes make for a miserable existence, so can a business that … Read More

Closing The Gap Between Procurement and Accounts Payable

Ideally, all departments in a business should be able to work together collaboratively to accomplish the overall goals of the company. In reality, things often don’t work so smoothly. Purchasing and Accounts Payable are an example of two departments that … Read More

Does Your AP Department Have Terminal Jet Lag?

Technological advances are surging ahead so quickly that many in the business world are experiencing a kind of jet lag. Those who have travelled between time zones know the feeling well. It disrupts your body rhythm, causing you to feel … Read More

Predictive Analytics & AP Automation

In a recent article, the Harvard Business reviewed the differences between forecasting and predictive analytics and, how a company’s analytics are related to its profitability. http://bit.ly/2dJ7wzb So, in answer to the first question, predictive analytics goes way beyond forecasting because … Read More

Adapting to the use of Automation in Business

When the use of artificial intelligence was first introduced, there were many science fiction movies made about the effect it would have on mankind. Computers and robots were often portrayed as sentient beings whose ultimate desire was to take over … Read More

Breaking Through the Glass Ceiling of AP Automation

A dramatic change is occurring in the perception of the worldwide market about the strategic importance of the accounts payable department. Business leaders are beginning to understand its importance in the making of primary monetary decisions. This is a clear … Read More

The Effect of Accounts Payable Automation On Cash Flow

Nearly every manufacturing firm has had the experience of checking an inventory list for a requested item and finding that the supply was listed at zero, only to later discover that there were several of the same items sitting somewhere … Read More

Innovative Solutions That Rock The AP World

For several years, the average business organization was focused on the rote day-to-day manual activities of the accounts payable department as a way to define its value. Departments whose manual activities from purchase order matching to invoice payment ran smoothly … Read More

Overlooking the obvious in AP Communication: Go Mobile

According to some recent industry research, the findings are that mobile technology is definitely under-utilized in the processes of Accounts Payable management and workflow operations. This would appear to be a bit surprising to most AP managers since there are … Read More

Surmounting the Accounts Payable Supplier Hurdle

Accounts payable technology in America has become well-established and is advancing rapidly. However, as with other technologies, even though positive changes are occurring rapidly, they are not necessarily being rapidly accepted. Defining the Problem The most efficient accounts payable process … Read More

Achieving The Dream of Going Completely Paperless

Businesses have been talking about the goal of going totally paperless for a long time, ever since the 1970’s. In spite of numerous technological improvements, the dream seems to have eluded them. Why? What is the hold-up, and what can … Read More

iPayables Scholarship Winner

Congratulations to Christopher Naber student at the University of Cincinnati – Winner of the 2015 iPayables Scholarship. Christopher was awarded $1,000 to use for his education after winning our essay contest with the following entry: The NanoWallet “Hey buddy mind picking up … Read More

The Competitive Edge with AP Automation

Accounts payable automation and a competitive edge are directly related. The link may not seem immediately evident, but according to Mary Driscoll, a senior researcher at APQC in Houston, there is a connection. In her article posted on ww2.cfo.com entitled, … Read More