Posts Tagged ‘EDI’

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 […]

AP Automation Savings: Maximizing Your AP Budget

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 […]

Invoicing: Good, Better, and Best

The great business mogul Henry Ford once said, “The competitor to be feared is one who never worries about you, but goes on making his own business better all the time.” As Mr. Ford stated, we don’t worry so much […]

Centralized Control with Automated Efficiency

Challenged with a broad base of locations and employees, enterprise companies need to reduce cost and delays associated with paper processing while maintaining centralized control. While many are already utilizing EDI for much of the transaction volume, there can still […]

Is Your AP Processing on Auto-Pilot Yet?

Let’s face it, the challenges that often plague AP departments are definitely not new, but as companies are reeling from the effects of the inefficiencies and sky-high costs of manual AP processing on their bottom line, they start to see […]

Smart Technology: 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 smart technology operations that far exceeded the capability of a normal […]

Choosing the Right AP Automation Solution

It’s easy to forget that no digital or electronic application becomes a success on its own; not even AP automation. While all of the promised benefits are perfectly possible, without the right kind of solution and a good working knowledge […]

Six Ways AP Automation can Impact an Organization

Managing an accounts payable department can prove to be quite demanding, but with the right tools it can be rewarding and profitable. Accounts payable is often looked upon as a subordinate department, expected to cut costs while increasing performance, visibility […]

AP Automation Workflow

AP workflow automation can turn Accounts Payable from a back-office burden into a front-office asset. This can take place by streamlining the invoice processing time from 30-to-45 days down to 1-to-5 days in order to capture discounts and reduce costs. […]