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 […]
There are a number of ways which AP automation can benefit the cash flow of a business. Arguably, the most important is the ability to take advantage of better invoice processing, from capture to approval. This boosts overall transparency, which […]
Drop a pebble into a pond, or skip a stone across a lake, and watch what happens. The pebble or stone sinks quickly from sight, but ripples spread from the point of impact and keep going after the pebble or […]
Today’s technology is developing and improving rapidly, so it only makes sense that businesses who are seeking to improve would be eager to utilize advancing technology. However, some AP departments are nervous about transitioning to a fully automated process. These […]
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 creating an efficient accounts payable department, deciding which functions to improve first may often prove a difficult task. If there is no approval process for invoices, they won’t be properly received. Implementing an external AP Workflow by itself is […]
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 […]
The evidence in favor of switching to accounts payable automation is pretty overwhelming. As well as being faster and more efficient, automating the process of capturing invoices can save your company money at every stage. But building a business case […]
When an organization has made the decision to automate accounts payable, often the focus is on increased efficiency. AP Automation certainly provides measurable efficiency gains, but what about the soft gains? AP automation is making a difference for a lot […]
