In order to explain just how Accounts Payable Automation benefits AP managers, first we should ask the all-important question that may be on many people’s minds is, “What does an AP Manager do exactly?” Mainly, they manage an Accounts Payable … Read More
Changing of the Guard with AP Automation
One important part of the executive role is to clearly define corporate goals to all personnel and make certain that company priorities are lining up with them. If there is a large disparity between the two, something major is wrong, … 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