The accounts payable department of a company is essential, and yet often under-appreciated. Without the payables department, the business would never pay off suppliers and would therefore come to a halt. The payables department keeps the company running smooth—but it’s […]
If you’re on the fence about automating your AP department, you may be wondering how much money you’ll actually save. The price tag attached to automation solutions can sometimes seem intimidating—however, when you take into account the vast amount that […]
When organizations are in the market for an AP Automation solution, they rarely think about how the solution they are investigating will also enhance their supplier relationships. This may seem like a selfish way of thinking, but that is not […]
iPayables has been working with suppliers for many years, helping them get set up with automated invoice processing. We have seen firsthand the many benefits that suppliers experience through invoice automation. Some of the greatest benefits from high-level accounts payable […]
Challenged with a broad base of locations and employees, enterprise companies need to reduce cost and delays associated with paper processing while maintaining centralized control. While many are already utilizing EDI for much of the transaction volume, there can still […]
The annual Ardent Partners State of ePayables report has been tracking best-in-class accounts payable performance and comparing it to the general market for years. Not surprisingly, best-in-class continues to improve each year, with cost per invoice decreasing and the amount […]
Many accounts payable departments consider themselves automated due to invoice scanning or an automated workflow. While these, and many other automation features, are great, they are not the highest or most effective form of automation. A self-service supplier portal allows […]
COVID-19 threw a wrench into the world of manufacturing. According to one study, “about 1.4 million U.S. manufacturing jobs were lost during the early days of the pandemic.” While this has greatly set back the industry as a whole, many […]
Customers are becoming increasingly able to order anything online, including food, receive electronic receipts, and have anything and everything delivered directly to their door. They can make online reservations or stand in line at a kiosk to order without ever […]
