There are many benefits for businesses to adopt AP automation solutions, yet sometimes it’s the small benefits that make the difference in their decision to transition to e-invoicing. Ultimately, when day-to-day workflows are noticeably streamlined, this is when owners and … Read More
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5 Security Measures that Keep Your Accounts Payable Safe
From the days of paper and pencil to the advent of computers and now the era of automation and machine learning, society is changing rapidly. In the financial world, the automated accounts payable system is the next big thing and … Read More
7 Ways AP Automation Benefits Suppliers
Although AP automation benefits are designed for buyers to implement for their P2P processes, their suppliers will benefit from the upgrade as well. The benefits for suppliers are equally as significant as for buyers, which is good news for each. … Read More
2 Payment Types to Better Connect Your Automation with Your Suppliers
Supplier enablement has always been a great focus for AP departments. So what happens whey you become automated and try to transition your suppliers? There are two types of payment strategies to get suppliers on that could help your business. … Read More
AP Automation: If you Don’t have it, You May be Left in the Dirt.
It’s important to understand some of the latest trends and best practices when it comes to using electronic payments. There are still a large number of businesses paying at least half of their invoices using paper checks. By understanding the … Read More
AP Automation for Health Care: Helping Hospitals Align to the Triple Aim
The ever-increasing healthcare costs, cases of malpractice, and increased inefficiency are among the factors that led to healthcare reform. In 2010, for example, the US allocated the highest amount of money to the healthcare sector in the world. Approximately $3.2 trillion was … Read More
How to Leverage the Benefits of Dynamic Discounting
Saving time, money, and effort are always focuses for businesses. Businesses are taking advantage of these focuses with AP automation technology. Electronic invoicing systems streamline AP processes and expand a business’s financial capabilities including acquiring discounts. Let’s discuss how these … Read More
Debunking the Top 5 AP Automation Myths
In this era of digitalization, automation has become an excellent option for AP departments. Automation offers AP departments increased efficiency, cost savings, and greater speed in processing invoices. However, as AP automation grows so does the misconceptions and myths around … Read More
Electronic Payments for Modern Businesses
As innovative digital technology continues to rapidly progress in the world, modern businesses are being compelled to adapt with online trends to keep up with their customer’s expectations and needs. Significantly, this includes transforming electronic payment methods to streamline workflow … Read More
9 Electronic Payment Trends to Expect In 2019
Electronic payment methods are becoming increasingly popular and more widely used around the world. In fact, digital payments are expected to hit 726 billion transactions by 2020. Following are eight of the top electronic payment trends that you can expect to see … Read More