Payment security is the main concern for every organization, whether they process transactions digitally or manual paper processes. Today, online cyber attacks on businesses are on the rise, and
[ Read More ]Accounts payable departments have to spend many hours on data entry to manually input repetitive, high-volume business transactions such as invoice processing. The rise of automation is helping
[ Read More ]Every year, you look at trends for how to manage business processes better. Accounts payable processes is one key functional area in business that still needs perfection. One technology that is
[ Read More ]When it comes to direct spend, there are so many controls in procurement and accounts payable. The purchase of goods depends on the company, however, to run the day-to-day operations of the
[ Read More ]Technology has revolutionized the way business processes work. A part of it is intelligence capture technology, which is a rule-centric and data-centric approach, wherein invoice settings for all
[ Read More ]There are a number of accounts payable software solutions in the market. Choosing the best software requires you to consider many aspects. Of the many, the following are a few key features you
[ Read More ]Manual invoicing will soon be replaced with cloud-based accounts payable software. Lot of companies believe that automation is a major step towards efficient financial management and slowly
[ Read More ]Managing invoices and other documents is a real challenge for the accounts payable department as there is no specific format for invoices. Hence, capturing and organizing the invoices that roll
[ Read More ]The Accounts Payable (AP) specialists within an organization are responsible for the timely payment of outstanding liabilities to the organization’s suppliers of all kinds. Suppliers deliver
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