Posts Tagged ‘E-Invoicing’

Accounts Payable Automation-Surmounting the Supplier Hurdle

High-level accounts payable automation has become well-established across enterprise businesses and is advancing rapidly. However, as with other technologies, even though positive changes are occurring rapidly, they are not necessarily being rapidly accepted. Defining the Problem The most efficient accounts […]

4 Ways AP Automation Gives Your Department Control

As with most things that are automated by technology, many people worry that it if a machine is “doing all the work,” there won’t be any room for humans to intervene in the case of an error. However, instead of […]

Three Important Elements of a Successful AP Department

As competition is increasing in most business sectors, organizational leaders are looking for their departments to start playing a more strategic role in both controlling costs and driving growth. Of course, AP departments are no exception—but the fact is that […]

The Future of AP Automation

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 […]

Increasing Quality Control in Accounts Payable

In today’s accounts payable departments, 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 company. Errors in manual reporting or low-level automation may result […]

Invoice Management: New Opportunities Through AP Automation

Over the last two years, the workforce has seen burnout across departments become more and more of a reality. The accounts payable department is no exception. In fact, manual and low-level accounts payable departments face an even higher risk of […]

Invoice Automation and the Modern CFO

In any organization, the products and people are essential to its success. What is necessary to keep the organization alive, however, is the consistent movement of money. If transactions are slow to process and even more sluggish to activate, you’re […]

Automated PO Matching-How It Works and Why It’s Important

PO matching, or purchase order matching, is the process of matching a customer’s purchase order to a supplier’s invoice to make sure all the information correctly lines up. Not all companies use purchase orders, but they are widely popular amongst […]

Measuring the Effectiveness of Accounts Payable

In any organization, it’s highly important and useful to measure accounts payable for effectiveness. The importance of evaluating effectiveness is obvious; improvements are impossible without regular evaluation of the current process used. However, without proper automation, effectiveness becomes very difficult […]