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The Best Way To Improve Accounts Payable Key Performance Indicators
If your company is like most, then Accounts Payable could use some improvement. In some companies, it’s one of the hardest departments to optimize. And even when the AP department is running well, there are still at least a few […]
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New Study Shows Accountants Love Automation
In some industries, automation is a scary concept. Employees often worry that they’ll be replaced by robots, automated systems, or artificial intelligence. Because of this fear, companies might hesitate to introduce new automated processes even if they don’t intend to […]
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4 Reliable Ways To Reduce Small-Business Expenses
Every penny counts when you’re running a small business. Like larger businesses, you want to grow income while keeping costs down. But you need solutions tailored to your business’ size. No matter how small your business is, you can take […]
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5 More Questions Your Accounts Payable System Provider Should Be Able To Answer
You have quite a large number of options to choose from when selecting an Accounts Payable system provider. To make sure you’re getting the best fit for your company, there are several questions you’ll need to ask the different software […]
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5 Questions Your AP Provider Should Be Able To Answer
When you’re looking for a software provider to automate your AP system, you want to make sure you’re getting the best fit for your company. With that goal in mind, there are several questions that you’ll want the providers you’re […]
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4 Traits That Make Millennials A Perfect Fit For Procurement Automation Software
Experts estimate that millennials will make up half the workforce by the year 2020. This is can be a terrifying prospect for hiring managers, who’ve heard that millennials are entitled, lazy, and refuse to stay in a job for more […]
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Implementing An Agile Procurement System That Works For You
Being able to react quickly gives companies a decided advantage in today’s fast-paced business world. Agile procurement systems, for example, let your company adapt to changes in supply availability and prices without any wasted time. This saves money and time […]
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7 Reasons Why Automated Expense Reporting Makes Sense
Expense reports are a headache waiting to happen for businesses and employees. About 50% of companies, mostly small businesses, are currently using a manual system like Excel to process expense reports. Problems can arise at all stages of this process […]
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Why Would I Automate Accounts Payable If My Current System Works Just Fine?
Here on the NextProcess blog, we spend quite a bit of time talking about how AP automation software can solve big problems in the accounts payable department. But maybe you don’t have huge problems in your AP department. Maybe your […]
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7 Tested Tips For Managing Capital Project Expenses
Large amounts of company money flow through capital project management. From expanding company buildings, to research and development, to machinery purchases, Capital Expenditures (CapEx) account for a large chunk of the annual budget. They’re also notoriously difficult to manage, with […]
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The Vital Role of Company Culture (and How BPA Software Can Help)
Every company has a culture. It’s the sum of your organization’s goals, values, visions, philosophy and standard processes. Though it may go unnoticed or undefined, company culture is there. And when you’re bringing in new employees, how well they integrate […]
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Discover 10 Great Reasons To Automate Your Expense Reporting Now
Employee travel is often vital to a company’s success. Equally important is having a user-friendly, accurate way to process expense reports. An outdated T&E system is frustrating for employees awaiting reimbursement and for the department processing expense claims. But there’s […]
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