Last month, on February 5, 2020, Jon Titel and Scott McKeon of iPayables hosted a brief, informative webinar about supplier, or vendor, portals. iPayables patented their original supplier portal 20 years ago and has continued to update it to give … Read More
Automation: What’s in it for an AP Manager?
If you’re an AP manager, you’ve already heard the hue and cry: “Time to automate!” No doubt you’ve been told about the convenience of AP automation compared to paper invoicing systems. You also realize that everything else in business has … Read More
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