Tag: automated accounts payable

In any organization, accounts payable can be paper heavy. Businesses always have a mass of information that has to be tracked, stored and managed and the processes such as …

Invoice fraud continues to cost millions of dollars for businesses every year. Accounts Payable (AP) automation can help prevent fraud, no matter the source. Businesses without anti fraud controls …

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 …

It’s a known fact that automated solutions give businesses a significant boost – especially for those that hold multiple branches worldwide. Mobile and cloud-based technologies have much to do …

How the accounts payable department improves the business bottom line is a billion dollar question for business owners. Besides audits, fraud prevention, and vendor management, there are certain things …

Profit is the end goal for any company. Businesses try to spend as little as possible while managing operations. As business model splits into various divisions, one should have …

Invoice fraud is the most common type of fraud that takes place in the accounts payable department. The fraud generally happens when vendors issue duplicate invoices and when there …

Unfortunately, one can easily take advantage of accounts payable processes as they get buried in the mass of hundreds to thousands of invoice submissions. All these will make the …

If your accounts payable department is not adding value to your business, it is evident that you need to change the way it works. The fact is that the …

Finance teams are undergoing a rapid change in organizations of all sizes. With technology on the rise, automation takes the job of accounting & administration and finance leaders will …