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In the Paper-To-Digital AP Transformation Race, Are You Winning?
The history of accounts payable (AP) automation began in the 1960s, with electronic data interchange (EDI) and continues today with new innovations like machine learning and artificial intelligence poised to continue transforming AP. Despite constant technological improvements, many companies haven’t […]
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Should I Automate My Business Processes or Outsource Them?
It’s no secret that automating and/or outsourcing business processes can save your company time and money. But automation and outsourcing work differently, though they often do similar things for your company. Which one should you pick? The choice between automation […]
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Satisfy Customers and Suppliers with Improved Accounts Payable Software
Your accounts payable (AP) department deals with a large number of internal and external customers. Within the company, AP works with purchasing and receiving to authenticate invoices and make payments. They also play a huge role in managing cash flow […]
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5 Reasons Why You Should Digitize Documents in 2022
The amount of documentation you have to keep on hand to maintain a good record-keeping system can be daunting. For larger businesses, record keeping often involves off-site storage facilities dedicated to managing documents. For smaller businesses, paper records can quickly […]
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The Pros and Cons of Outsourcing Your Accounts Payable
Each day, the business world gets more competitive. In such an environment, your company needs a way to improve your services and stand out from the competition while also cutting costs. Outsourcing accounts payable is a viable solution for companies […]
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Solving the Payables Paper Problem in 2022
Paper is fast losing its status as a key part of the payables process. From the sudden spread of email years ago to the modern surge of green initiatives, everyone’s been talking about new ways to use less paper and […]
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Don’t Let Internal Software Lag
Customer-facing software gets all the attention. Companies pour seemingly endless time and money into the user experience of their websites and applications. This makes a lot of sense. Companies should be eager to jump on newer trends for consumers. You […]
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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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Are You Facing an Audit? Ease the Pain with a Web-based BPA Solution
The auditors are coming, the auditors are coming! A widespread panic suddenly shoots across the psyche of your entire organization. But guess what? It doesn’t need to. No matter what you do, having auditors come in to ensure your company […]
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4 Reasons You Should Be Using A Digital Document Management Software
In a business environment, paper piles so quickly it can be difficult to keep track of. When it comes to invoicing, payments, and expense management, for example, the amount of paperwork that can accumulate is astounding. For this reason, many […]
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How to Save Money Using Virtual Credit Cards with Your Accounts Payable Automation
Every business is familiar with the need to find ways of saving money. Accounts payable is one of the clearest focuses for that need since this is the department that governs funds leaving the company to cover expenses. One of […]
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5 Tips for Managing Complicated Invoices In Accounts Payable
The faster you can process invoices in accounts payable, the more money you’ll save. This is one of the driving reasons behind AP automation. Speeding up electronic invoice approval software and processing saves money, keeps vendors happy, improves cash flow, […]
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