Posts Tagged ‘Centralized Control’
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 […]
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 upgrading your accounts payable department with automation, one of the huge benefits is the convenience of having all your invoices stored in one place. In an enterprise business, AP departments typically have a large number of invoices that must […]
If you’re exploring the market to find an accounts payable automation solution, you may have noticed that there are many different solutions to choose from. When examining these solutions, it’s important to keep in mind that AP departments look different […]
As years have gone on, different and more complex forms of accounts payable fraud have emerged. Manual and partially-automated accounts payable departments are the most at-risk of falling victim to these new forms of fraud. In a manual AP department, […]
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 […]