Did you ever wonder why innovative and forward-thinking companies would not select robust accounts payable solution? It seems that there are a few serious misapprehensions around the notion of automation. Such inappropriate and unfortunate AP automation myths have a negative impact on the management, and they avoid automation solutions and their immediate advantages. Here we […]
Key Accounts Payable Automation Myths to Avoid Read More »
The growth in invoicing processes and digital payment has created multiple opportunities for businesses across the world. Effective gains, flexibility, and latest business opportunities have accelerated in the past decade. For this, we must be thankful to the modern age of technological advancements. In spite of the advancement in technology around accounts payable, there is
Drive Away Fraudulent Activities with Accounts Payable Solution Read More »
Today, businesses are simply tired of manual accounts payable processes and they want to do something about it. It is estimated that over the next two years, 85 percent of businesses will plan to minimize the number of paper invoices they get from vendors by 25 percent, per the Institute of Finance Management. A majority
Things You Must Look for in Accounts Payable Automation Solutions Read More »
When your organization is mainly depending on check payments, believe it or not, you are paying more than the original amount. The electronic mode of payments can eliminate the hard costs which involve paperwork, time spent to stuff those payments inside envelopes, postage and more, getting rid of these processes has benefitted the organizations that
Eliminate B2B Check Payments and Switch to an Automated Accounts Payable Software Read More »
Of all the major procedures a company deals on a day-to-day basis, invoice management tops the list. Businesses are still relying on manual processes such as spreadsheets or paper-based processes to manage invoices. The costs and benefits of switching to a cloud-based accounts payable solution are very clear. The following are the five reasons to
Five Compelling Reasons To Automate Your AP Processes Read More »
Are you in the sales field working as a sales representative and find it difficult to meet your everyday sales targets? Feeling pressured to achieve your sales quota on a daily basis? Looking out for a solution to maximize sales and close a higher number of deals more quickly? Then it’s time to adopt a
How CRM Can Make You a Better Sales Person Read More »
Today, most organizations are automating Accounts Payable (AP) processes to streamline their financial operations. I wonder what actually is AP automation – and is it really important for every company. Automating AP processes means approving and paying invoices to reduce paper costs and streamline invoice processes. When companies automate regular processes, they gain efficiencies, reduce
AP Automation to Keep Your Business Spending Under Control Read More »
The modern financial system is the foundation for organizational success. Technologies such as mobile and intelligent dashboards are being slowly integrated with enterprise resource planning (ERP) solutions. Let’s look at current phases for incorporating automated solution in AP systems and predictions about the industry. Standardization Organizations should standardize the processes with a single enterprise resource
Anticipating How AP Automation Looks Like in the Coming Years Read More »
Today, accounts payable is not just responsible for making payments, in fact, they forecast cash flow, streamline payment processes, track supplier payments and manage different payment channels. The larger the company grows, the more responsibilities the accounts payable department has to handle. Automated accounts payable (AP) software will help you better deal with challenges AP
3 Challenges AP Managers Face and How to Overcome Read More »
Managing your Accounts Payable (AP) processes is overwhelming. With so many challenges, it is difficult to handle your AP procedures efficiently. However, most of the AP challenges can be overcome with the help of automation. Let’s take a look at some of the most common AP challenges across any organization: Data Entry Manually entering data
Fix Accounts Payable Challenges with Automation Read More »
