Viewing Capabilities for Accounts Payable and Vendors

It’s been said that knowledge is power. If so, power starts with unbridled viewing access to information. The same is true with the business world, of course. It takes a lot of time to build trust between companies that want … Read More

Searchable Invoices: Another Key Benefit of AP Automation

When you think of the benefits of electronic invoicing, what comes to mind is the way it speeds up the process of paying and getting paid. Yet an often-overlooked benefit is the way a start-to-finish automation solution makes all that … Read More

See Tracked Changes for Faster Invoice Processing

One of the wonderful things about the computer age is the ability to do business from vast distances instantaneously. This development has, for example, enabled two or more writers to not only work on a document together from opposite sides … Read More

Dynamic Discounting: It’s Time to Start Earning Accolades

It’s tough to work in an office that gets little respect. The triumphs of other departments like Sales or Research and Development get trumpeted throughout the company: their accomplishments are palpable and highly visible, and they even get plaques, trophies, … Read More

Vendor Portal: Teaming Up with Vendors in Real Time

We all like to think we have an excellent relationship with each vendor we work with. We’re happy that they supply what we need, and they’re thrilled to have the business. But as anyone who’s run into glitches in the … Read More

CFO’s AP Solutions: Understanding the Real Cost of Your Accounts Payable Department

While most CFO’s are knowledgeable about the major costs of running an organization, they may not be aware of the day-to-day bills that must be paid. Considering CFO’s AP solutions and the volume of payments that go out regularly, it’s … Read More

3 Focuses to Help Vendors Push E-Payment Adoption for Their Customers in Healthcare Businesses

Healthcare costs in the US are abnormally high and increasing not only in dollar terms but also as a percentage of GDP. All stakeholders in healthcare from the policymakers to economists to healthcare consultants agree that measures should be devised … Read More

4 Important Accounts Payable Tasks to Automate

The accounts payable department plays a crucial role in your business. It directly impacts cash flow and important relationships with suppliers. Many accounts payable departments are still reviewing invoices manually and cutting paper checks. This is an outdated, labor-intensive process. … 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

AP Automation and Vendor Portals

Imagine a world where payments are simple. You make a deal with a vendor. You agree on a price. You pay it then move on to the next transaction, the process is smooth, streamlined, and efficient. Now, think about your … Read More