Solving Common AP Problems with Electronic Invoicing

Electronic invoicing is one of the best ways an organization can improve the functionality of their accounts payable department. However, many organizations are still using paper systems because they don’t understand how the process of automation can fully benefit their … Read More

How Your Organization Can Benefit from ACH, Virtual Card, and Wire Transfers

In the contemporary business world, credit constraints have pushed businesses into researching on ways to use internal funds efficiently and reduce costs. Among the areas that firms are exploring for cost reduction opportunities are the account payables. Organizations have discovered … Read More

Eliminating Exceptions to Streamline Invoice Processing

For Accounts Payable to truly be automated, streamline invoice processing must be exception-free. Exceptions are leftover problems remaining from previous attempts at accounts payable automation. These invoice failures reflect a lack of integration involving vendor information and the ERP or … Read More

Accounts Payable AI: The New Competitive Advantage

Accounts Payable AI (artificial intelligence) is the latest technological movement in the accounting world. Why? If sorting through databases faster, more sophisticated reporting, and less human error aren’t good enough reasons, then I don’t know what is. Using AI, in … Read More

3 Benefits of Using Scan to E-Invoice Services with AP Automation

There are many benefits for businesses to adopt AP automation solutions, yet sometimes it’s the small benefits that make the difference in their decision to transition to e-invoicing. Ultimately, when day-to-day workflows are noticeably streamlined, this is when owners and … Read More

AP Automation for Health Care: Helping Hospitals Align to the Triple Aim

The ever-increasing healthcare costs, cases of malpractice, and increased inefficiency are among the factors that led to healthcare reform. In 2010, for example, the US allocated the highest amount of money to the healthcare sector in the world. Approximately $3.2 trillion was … Read More

Debunking the Top 5 AP Automation Myths

In this era of digitalization, automation has become an excellent option for AP departments. Automation offers AP departments increased efficiency, cost savings, and greater speed in processing invoices. However, as AP automation grows so does the misconceptions and myths around … Read More

9 Electronic Payment Trends to Expect In 2019

Electronic payment methods are becoming increasingly popular and more widely used around the world. In fact, digital payments are expected to hit 726 billion transactions by 2020. Following are eight of the top electronic payment trends that you can expect to see … 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