Posts Tagged ‘Electronic Invoicing’

AP Automation and the CFO

When looking to implement automation for your accounts payable department, one of the most crucial steps is getting your CFO onboard. CFOs are inherently busy individuals, and when considering new business ideas, are mainly concerned about the scope of the […]

The Benefits of Unlimited Users in an AP Automation Portal

When it comes to accounts payable automation, some solutions will charge a fee per-user to access invoice information on their online portal. This expense may seem necessary, but what about when people from other departments have invoices that require their […]

Can Dynamic Discounting for Enterprise Businesses Improve Cash Flow?

Most AP departments have heard of “early pay discounts,” but in manual or partially automated departments, lengthy invoice processing times keep them from becoming a reality. However, with the proper enterprise solution, electronic invoices are processed more efficiently and early […]

Four Wasteful Activities That Are Slowing Down Your AP Department

It’s no secret that the accounts payable department of any large business has a lot on their plate. Between manually keying in invoices, managing exceptions, and handling supplier inquiries, the average AP staff’s to-do list seems never-ending. What many departments […]

Managing AP With the Rise of Remote Work

Due to the great resignation, many accounts payable departments are understaffed, and struggling to find new people to properly take on the job. Often times, the staff that already exists are either unable to come into the office or would […]

Accounts Payable Automation and Supplier Portals

When trying to understand how useful supplier portals can be, start by imagining a world where payments are simple. You make a deal with a supplier. You agree on a price. You pay it, then move on to the next […]

What is Enterprise Level Electronic Invoicing?

If you’re looking into accounts payable automation, you’ve likely heard the term “electronic invoicing” or “e-invoicing”. But what exactly is e-invoicing? Many people incorrectly assume that “e-invoicing” equates to “emailed invoices”—but enterprise level electronic invoicing actually entails receiving the invoice […]

Considering Accounts Payable Automation?

The Basic Framework When you automate your accounts payable department, there are many benefits that come with it, such as improved cash flow, increased customer satisfaction, and higher company profitability. Despite many advances in technology, however, many accounts payable departments […]