Achieving Compliance Through AP Automation
Automating accounts payable (AP) invoice process will not only provide real time insight into the data but also allow AP staff to quickly review, process, and pay invoices on time. Reducing processing and payment turnaround times to enable companies to take advantage of early payment discounts and streamline the process to get better deals with […]
3 Accounts Payable Software Features Your Business Need
Today, businesses are increasingly turning to automate their Accounts Payable (AP) processes. However, you have to carefully evaluate your business requirements before choosing the right software. Here are three key features you should look for in AP software when purchasing the solution: Invoice Capabilities Getting paid on time is very important. Deploying robust invoice solution […]
3 Ways Expense Report Software Cuts Business Travel Costs
Employee travel and entertainment expenses typically cost 10-12 percent of overall business operating costs. From reducing expense report processing costs to eliminating out-of-policy claims, there are a number of areas where expense report software can help organizations cut costs. In addition, analytical insight and the ability to drill down thousands of individual transactions can help […]
Top Reasons for Considering Expense Report Software
Expense management might not be the hot topic within your company, but having an expense reporting system can save you a lot of time and money. Recent survey from ACFE revealed that businesses lose 5% of its revenue due to fraud every year. Expense fraud mainly happens due to non-compliance with tax regulations. Automating expense […]