3 Focuses to Help Vendors Push E-Payment Adoption for Their Customers in Healthcare Businesses

Healthcare costs in the US are abnormally high and increasing not only in dollar terms but also as a percentage of GDP. All stakeholders in healthcare from the policymakers to economists to healthcare consultants agree that measures should be devised … Read More

17 BENEFITS OF PAYABLES AUTOMATION

Accuracy of Data (direct from supplier, no data entry by clerks)– Due to payables automation, the clerk’s duties have become fully automated resulting in more accurate data. With AP automation, the average accounts payable worker becomes far more efficient. Easier … 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

AP Automation: 2009 to 2019

Looking back over the last decade AP Automation, Dynamic Discounting, and E-invoicing have made great strides. Some people may reflect on the last ten years and think that not much really happened, while others will tell you that a lot … Read More

Dynamic Discounting and the Time Value of Money

In a recent article by CPO Rising, the difference between early payment discounts and the ‘Time Value of Money’ was discussed. So, what do they have in common? Well, for starters, they’re both integral parts of accounts payable automation. What … Read More

Transforming Paper Care into Patient Care

The future of healthcare is impacted heavily by insurance, regulatory compliance and other major factors. Thus, hospitals, clinics, and other patient care networks across the country are looking for means to become more financially stable. As part of this, they … Read More

9 Benefits of AP Automation with ERP Integration

One of the biggest questions CFO’S and AP Managers need to discuss before implementing AP automation into their organization is, “Why should I consider how my ERP system will be impacted when upgrading to an AP automation solution?” Running Large … Read More

Automation Improves the Supplier Chain

Technology is being used every day in most business functions to increase efficiency and decrease errors. When dealing with the supplier chain, it can be highly beneficial for organizations of all sizes to implement automation. With the growth of globalization … Read More

Benefits of Automation for AP Managers

In order to explain just how Accounts Payable Automation benefits AP managers, first we should ask the all-important question that may be on many people’s minds is, “What does an AP Manager do exactly?” Mainly, they manage an Accounts Payable … Read More

Why AP Automation Should Matter to CFOs

Accounts payable is all too often overlooked and considered a basic function that doesn’t require a lot of extra thought from an organization’s upper level managers. But CFOs can greatly benefit from choosing an AP automation solution to implement within … Read More

The Importance of Customer Service with AP Automation Solutions

Making the decision to automate AP processes isn’t easy for many enterprises, although the many benefits of doing so are hard to deny. While AP automation solutions sound great for decision-makers, their implementation and integration with ERP systems and workflows … Read More

Electronic Payments And Your Business

In an age of widespread e-commerce, it may come as a surprise to discover businesses frequently pay invoices with paper checks. Even a retail business that does a large proportion of its customer transactions in cash should have every reason to … Read More

The Data-Driven Accounts Payable Department

The advent of technological innovation such as big data and cloud computing have coalesced and chief financial officer’s or CFOs and their teams are finding that these new technological innovations can easily be integrated into the way they do business. … Read More

AP Automation and the CFO

One of the most difficult steps in your much-needed implementation of AP automation for your company could very well be getting your CFO onboard with the idea. Why? Well, CFOs have a number of concerns that need to be addressed … Read More

6 Steps to Transform Accounts Payable

As far back as 1995, there have been studies from experts about the harsh reality of what could be coming for businesses in all sectors who disregarded advancing technology. One such publication was entitled “Disruptive Technologies: Catching the Wave”, posted … Read More