Supplier early payments yield advantages to both suppliers and to accounts payable. Suppliers have their cash flow sooner, and AP often can take advantage of discounts for paying early. For many departments that lack proper automation for their invoice management, […]
This guest blog was written by Kevin Lander. Kevin Lander is a former accountant, accounts receivable manager, and accounts payable manager with RPS/FedEx invoicing. Kevin Lander has over 34 years of transportation industry experience. During my tenure at FedEx, I […]
As technology rapidly improves, consumers are able to order almost anything online—for example, having restaurant food delivered straight to their door. They can make reservations online or order straight from a kiosk, without ever having to talk to a host. […]
When it comes to airline and aerospace industries, one universal fact is that their accounts payable departments are plagued with handling a large number of invoices. Most airline and aerospace companies will handle thousands—if not tens of thousands—of invoices a […]
When upgrading your accounts payable department with automation, one of the huge benefits is the convenience of having all your invoices stored in one place. In an enterprise business, AP departments typically have a large number of invoices that must […]
Automating accounts payable undoubtedly provides substantial benefits to a company, including reducing costs and improving efficiency. However, before implementing, it’s important to be aware that, like many things in life, there is no such thing as a one-size-fits-all solution. When […]
If you’re exploring the market to find an accounts payable automation solution, you may have noticed that there are many different solutions to choose from. When examining these solutions, it’s important to keep in mind that AP departments look different […]
When it comes to accounts payable automation, some solutions will charge a fee per-user to access invoice information on their online portal. This expense may seem necessary, but what about when people from other departments have invoices that require their […]
It’s no secret that the accounts payable department of any large business has a lot on their plate. Between manually keying in invoices, managing exceptions, and handling supplier inquiries, the average AP staff’s to-do list seems never-ending. What many departments […]
