Posts Tagged ‘Automated Efficiency’
In a modern enterprise business, there isn’t much of a reason that the accounts payable department should be relying on paper at all. Historically, when imagining what typical AP looks like, one might envision paper invoices, paper checks, sticky notes […]
It’s no surprise that automating the invoicing process would make it much easier to manage accounts payable. But just how easy does it become to manage accounts payable when you’re using enterprise-level automation? Some of the benefits include dashboards that […]
In an accounts payable department that relies mostly on paper, pulling information and creating reports can be nothing short of a nightmare. Endless amounts of paper documents to be thumbed through and reviewed, eating up hours of AP’s time. Even […]
When implementing AP automation, many organizations worry about whether their suppliers will be willing to make the switch over to e-invoicing. Luckily, high-level solutions offer invoice digitization as a standard part of their software. With invoice digitization, suppliers can still […]
This guest blog was written by Kevin Lander. Kevin Lander is a former accountant, accounts receivable manager, and accounts payable manager with RPS/FedEx invoicing. Kevin Lander has over 34 years of transportation industry experience. During my tenure at FedEx, I […]
Imagine a well-oiled assembly line—every function is done correctly and as quickly as possible. In today’s world, that assembly line involves humans and machines working in tandem to get the job done. For AP, that means a fully electronic system […]
The Health Insurance Portability and Accountability Act (better known as HIPAA) set forth requirements for the secure access, storage, and exchange of health information. These requirements extend beyond just hospitals—take for example, HIPAA compliant accounts payable automation for healthcare. What […]
As technology rapidly improves, consumers are able to order almost anything online—for example, having restaurant food delivered straight to their door. They can make reservations online or order straight from a kiosk, without ever having to talk to a host. […]
When it comes to airline and aerospace industries, one universal fact is that their accounts payable departments are plagued with handling a large number of invoices. Most airline and aerospace companies will handle thousands—if not tens of thousands—of invoices a […]