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5 Great Reasons To Outsource Payment Processing
According to the Aberdeen Group, check printing in North America involves $25 billion in processing costs each year. Most companies spend an average of $10 to process every single check that goes out of their office. The obvious solution […]
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New Year’s Resolution: Transform Accounts Payable in 2017
New Year’s resolutions aren’t just for individual people. You can also make resolutions to improve your business process. And there’s no better place to start than in Accounts Payable. AP isn’t the most glamorous department, but it’s absolutely essential to […]
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Don’t Cripple Your Business by Refusing to Centralize Purchasing
Having many people in charge of purchasing often leads to confusion, especially in large businesses. It’s hard to take advantage of bulk ordering discounts or keep track of inventory when different people are in charge of purchasing the same items. […]
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4 Signs It’s Time To Automate Your Business Processes
You’ve probably heard quite a bit about business process automation (BPA) recently. It’s a trending topic in the business world and a highly recommended step for forward-thinking businesses. But is BPA right for you? Perhaps you’re running a small business […]
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Four New Tactics for Supplier Engagement
Keeping suppliers actively engaged and excited to work with you is critical. A recent survey showed that supplier engagement was more important to purchasing executives than any other procurement concern, including cost control. Although most businesses have more control in their […]
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The Evolution of the Full Stack CFO
Chief Financial Officer has never been an easy job. To be truly successful, they have to be able to look at the company’s past, present, and future at the same time with different goals and strategies. The Full Stack CFO […]
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How To Make The Most of Company Money With AP Automation
Everyone’s looking for a way to save money without compromising on quality. It’s often a challenge, but in the AP Department, you can actually cut costs while also improving your process. By upgrading from a paper-based to an automated electronic […]
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5 Reasons Excel Is Terrible For Your Business
Businesses saw Excel as a solution for easy data management back when it first hit the market. Today, it’s still used for tasks such as scheduling, basic accounting, tracking sales, and compiling customer data. But many businesses also use Excel […]
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How to Leverage Automation to Kickstart Six Sigma Principles in your Business
Evaluating your business for efficacy brings up some important questions about how you can streamline processes. Improving the way your company functions on the back end will lead to greater gains across the board. Six Sigma is a huge part […]
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