According to many accounts payable (AP) managers, AP processing is among the most cumbersome and time-consuming processes in accounting. With more than 45% of B2B payments still being manually completed with paper checks, one thing is clear; there is a world of opportunity available to save your time at every stage of the AP process. […]
4 Major Time-Saving Hacks for Accounts Payable Read More »
Earlier, organizations were unsure if automating business processes is worth the time and investment. Today, the reality is that automated processes and workflows have become an essential component in supporting operational efficiency and growth. The benefits of automation include faster delivery, increased productivity, lower costs, improved cash flow, and satisfaction levels. Many organizations can benefit
Making Accounts Payable Processes Efficient & Effective Read More »
Today accounts payable managers are not only responsible for making payments, but they also have to look for ways to make AP more efficient and predict the cash flow of the business. Some of their key responsibilities comprise of streamlining payment processes for suppliers, monitoring incentives, connecting to several banks, and managing various payment channels.
3 Common Problems for AP Managers and How to Handle Them Read More »
