Let’s face it, the challenges that often plague AP departments are definitely not new, but as companies are reeling from the effects of the inefficiencies and sky-high costs of manual AP processing on their bottom line, they start to see […]
There is probably no other area in any organization that can benefit from increased productivity, centralized data, and financial savings than finance and accounting departments. And, nothing can successfully do all of that like cloud-based AP Automation. More and more […]
Many of us in the 1980s were mesmerized by the “Knight Rider” television series that featured the “KITT Car”, an interactive Pontiac Trans Am with a human-sounding voice and smart technology operations that far exceeded the capability of a normal […]
So, what does the future hold for CFOs in this ever-changing digital world? It’s shifting every day and that was quite evident at Harvard University’s CFO of the Future Summit for 2016. One of the main topics at the summit […]
The ability of company leaders to think on their feet when faced with difficult problems is an asset that is highly desirable. Most managers would acknowledge that solving problems quickly and efficiently can save a business considerable money. Not everyone […]
Risk management is a daily struggle for businesses that directly affects accounts payable. For a variety of reasons, many corporations today are choosing to import from foreign suppliers. The advantages of using foreign suppliers are many, but the level of […]
It was George Santayana who coined the phrase, “Those who cannot remember the past are condemned to repeat it.” Inherent within this quote is the idea that mistakes are made by everyone, and it is important to learn from them. […]
It’s hard to believe that a large percent of B2B transactions in the US and the UK are still being done with paper checks and invoices. What’s even harder to imagine is that according to the leading management consulting firm […]
Buyers and suppliers negotiate contracts all the time. Sometimes they are in the form of purchase orders that must be accepted when received. At other times there are lengthier general contracts involved that are negotiated before a purchase order is […]
