As competition is increasing in most business sectors, organizational leaders are looking for their departments to start playing a more strategic role in both controlling costs and driving growth. Of course, AP departments are no exception—but the fact is that […]
We are living in the age of technology, but unfortunately, many accounts payable departments are stuck in the past. Even though technology is advancing more every day, some departments are still utilizing low-level processes, or even entirely paper processes. These […]
Over the last two years, the workforce has seen burnout across departments become more and more of a reality. The accounts payable department is no exception. In fact, manual and low-level accounts payable departments face an even higher risk of […]
In any organization, the products and people are essential to its success. What is necessary to keep the organization alive, however, is the consistent movement of money. If transactions are slow to process and even more sluggish to activate, you’re […]
Online portals are an essential and innovative component to utilize when automating your accounts payable department. It’s also important to know what an AP automation online portal will offer, and why they’re important. When looking at different AP automation online […]
When choosing the right accounts payable automation solution, it’s highly important to consider one that offers the convenience of a user dashboard. AP automation dashboards give important insights on a large variety of essential company metrics. Typically, these dashboards are […]
When deciding whether to automate your accounts payable department, it’s important to have an idea of what that automation will look like for your department. Unfortunately, there are often misconceptions about what “fully automating” an AP department actually means. Many […]
iPayables understands that not all of your vendors will be willing to change their current process just because you adopted a highly proficient accounts payable automation initiative. While submitting invoices electronically through the vendor portal would save those suppliers time […]
An accounts payable department that relies heavily on paper often faces difficulty maintaining organization and keeping track of invoices. Lack of invoice visibility can cause turmoil during audit times, or if a supplier calls and has a dispute about an […]
