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This Is The Difference Between A Punch Out Catalog And An Item Catalog (Plus 5 Reasons Why You need Both)
Purchase order and procurement software promise big rewards. It’s supposed to make the entire procurement process easy while also giving you the tools you need to track purchases effectively. Unfortunately, companies find all too often that purchase order systems aren’t […]
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Digitizing Payables for the Post-Pandemic Future
When Covid-19 forced businesses to move their processes online in 2020, the scramble to digitize and automate left many companies with a cobbled-together method for receiving invoices and making payments. Accounts Payable often had to figure out how to work […]
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3 Things You Need to Know About the Ways Accounts Payable Automation Helps Simplify Audits
Audits are something no one looks forward to. We know how valuable audits can be as an internal tool for evaluating business processes, but that doesn’t make them fun. We also know external audits are a possibility that companies would […]
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5 Ways to Tune Your AP Automation for Maximum Workflow Efficiency and Improved Data Quality
The accounts payable department is one of the easiest places to notice if your organization is dealing with inefficient workflows and poor-quality data. A breakdown in workflow and data collection in AP has a direct impact on cash flow, which […]
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How to Optimize AP Visibility Using Automation Software
Though some businesses still process invoices manually, more and more enterprise companies have automated their Accounts Payable departments. That does not, however, always mean that those companies have optimized their AP as well as they could. Clunky, outdated automation can […]
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The Retail Industry’s Guide to Automated Accounts Payable Software Solutions
Optimizing accounts payable is an important step for any business. In the retail industry, it’s vital. If you cannot pay your suppliers promptly, then there’s no guarantee they’ll keep filling your orders. If you’re not tracking payment deadlines closely, then […]
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Leaning into the Strategic Role of Accounts Payable with AP Automation
Historically seen as a back-office function, accounts payable is increasingly recognized as the department that acts as the central hub for controlling spend management. As AP moves into a more visible role at the forefront of managing spend, those working […]
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4 Ways Self-Service Accounts Payable Can Help Your Small Business
When you run a small to medium business (SMB), your accounts payable can quickly turn into a nightmare. Not only do you have to oversee regular overhead costs, like paying the rent and utilities, but you also have to handle […]
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Your Guide To Using Automation to Improve Accounts Payable and Procurement In The Manufacturing Industry
This is the first post in our new Automate Your Industry series. Today, we’re talking about how Accounts Payable and Procurement software can make a difference in your manufacturing company. We’ll have more industries coming in the next few weeks. […]
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5 Critical “Must-Haves” for Your Digital Document Management Partner
Managing massive amounts of paper has been a problem for business owners for years now. Most companies struggle to manage it because they simply can’t create an internal process that allows them to deal with fluctuations in volume as well […]
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Here Are The Ways That Accounts Payable Affects Your Whole Company
It’s easy to think of accounts payable as nothing more than the department where money leaves your company to pay for goods and services. It’s not very glamorous or exciting. On the surface, it might not even seem that important […]
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How to Use Business Process Automation to Handle Large-Scale and Small-Scale Company CapEx and OpEX.
Purchasing is a major part of every business. From replacing paperclips and printer ink to acquiring new property or replacing a roof, your company needs a way to manage expenses both large and small. It’s useful to separate these two […]
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