Keeping Pace with Automation

Life moves quickly these days – a newly-released piece of technology ten years ago was relevant for at least several years while now it can be obsolete in three months. Business is also moving at this frenetic pace, with the … Read More

Can Dynamic Discounting Improve Cash Flow?

If you’re one of many business owners today who may not know exactly what dynamic discounting is and how it works in communion with accounts payable automation and electronic invoicing, here are a few facts. In a nutshell, it’s a … Read More

The Past, Present, and Future of AP Automation

It’s a well-known fact that organizations and accounts payable managers believe that one key component to keeping suppliers satisfied is an efficient AP software solution. At the same time, it also delivers cost-effective benefits to the company’s bottom line, while … Read More

Trends Impacting Accounts Payable

The success of accounts payable automation in the business world is opening doors to greater business efficiency and productivity. CFO’s and Accounts Payable leaders can vthe newest trends in AP automation, which will assure that they retain their uniquely competitive … Read More

Amping up the Use of AP Automation

The need to fully utilize technological advances is the latest elephant in the room for the business sector. No longer are businesses lagging because they haven’t acquired the latest technology. Now they are simply slow in using what is already … Read More

Measuring the Effectiveness of Accounts Payable

Accounts payable is one department in any organization that should be relatively easy to measure for effectiveness. Factors such as rate of invoice turnover, number of invoices correctly processed and others can be expressed numerically with little trouble if the … Read More

Dynamic Discounting: Keeping Suppliers Happy

More and more organizations are coming to the realization that AP Automation is one of the optimal methods for more efficient and profitable finance teams. Those who may be struggling with managing their payment operations especially like how e-invoicing can … Read More

The Electronic Payment Alarm

A fire in a building is a very dangerous thing, but building codes and precautions are set up to avoid it and alarms are installed to make everyone aware of its earliest signs. Significant damage can be done in a … Read More

Encouraging Change Through AP Automation

When computer systems were first introduced into the American workplace, it was difficult to foresee how much they would change business practices. Prior to computers, all accounting was laboriously recorded on ledger sheets and paper documents and a significant amount of … Read More

How E-invoicing Enhances Collaboration

Collaboration between two business partners always begins with the understanding that the combined efforts of two partners together are more potent than those of any single entity standing alone. Collaborative arrangements are possible both inside and outside of an organization, … Read More

The Innovation of Accounts Payable

The innovation of Accounts Payable is what they’re calling it these days. Accounts Payable Departments are no longer being bogged down in endless piles of paperwork. And, that’s because so many companies are finally bringing their AP departments into the … Read More

CFO’s and The New Accounts Payable Department

The question of whether automation ought to be used in the accounts payable department is no longer a relevant one. So many other business functions are now being automated that accounts payable is quickly following suit. The larger question is … Read More

Maximizing Accounts Payable Cash Flow

Payment discounts are easy to find today; even the average consumer knows where to look for them. Most buyers have the common sense not to buy a product until a discount is available. Enterprise Makes the Stakes Much Higher Because … Read More

Increasing Quality Control in Accounts Payable

In today’s accounts payable department, concise financial reporting is crucial. A poorly reported accounts payable department can result in omitted liabilities, understated expenses, and a shortfall in supplies to the customer. Errors in manual reporting may result in fraudulent activity … Read More

How Smart Is Your AP Data?

Many of us in the 1980s were mesmerized by the “Knight Rider” television series that featured the “KITT Car”, an interactive Pontiac Trans Am with a human-sounding voice and operations that far exceeded the capability of a normal automobile. The … Read More