The benefits of Accounts Payable Automation are numerous with more AP departments making the switch from manual to automated. They are finding that making the change may not be quite as simple as anticipated. Choosing an AP Automation solution and […]
For an organization to become paperless many factors should be taken into consideration. What are some of the factors that should be considered before going paperless? Going paperless saves your company money; you reduce costs, strengthen your disaster recovery planning […]
Even the most efficiently run organizations can find its manpower and budget drained due to their accounts payable or AP department. It’s not that their accountants or admin personnel are the problem, it’s the faulty, error prone, manual invoice processing […]
Dynamic discounting is more than simply another buzz word or social media catch phrase. It is a method that uses the economic realities to increase the cash flow of a business and gaining more control of the purchasing cycle. There […]
Within the world of Accounts Payable, sticking with the familiar can see an organization fall behind and struggle to compete with market rivals. For those enterprises which have been around a long time, it is surprisingly easy to fall into […]
AP workflow automation can turn Accounts Payable from a back-office burden into a front-office asset. This can take place by streamlining the invoice processing time from 30-to-45 days down to 1-to-5 days in order to capture discounts and reduce costs. […]
Then I asked the CFO, who in your company would be interested in electronic invoicing? He said that he was sure that the AP manager was interested and that she would be the one to speak with in his organization. […]
Think about a sports car. Some may argue that a Fiat 500 is a sports car and technically that may be true. Although “sporty” it may be, I think a more accurate example of a true sports car would be […]
AP Automation has revolutionized the purchase-to-pay process for both buyers and suppliers. While many of the world’s largest companies have already made the shift from manual to automatic payments, most mid-sized companies still lag behind in this area, for a […]
