Are Your Accounts Payable Internal Controls Strong Enough?
Are your company’s accounts payable internal controls strong enough to protect against fraud, errors, and other dangers? Here's how to improve your controls.
Vendor Management: Upfront Verification
Without a doubt, vendor management is no longer an ignored issue. Smart organizations everywhere realize that it is critical that vendors be verified before they… read more
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The Evolution of Modern Accounts Payable
When you look at some of the incredibly advanced systems today powering massive amounts of payables at a high level of accuracy, it’s hard not… read more
Here’s One Thing That Can Make the Audit Process Easier
In Greek mythology, as punishment for tricking Zeus, Sisyphus was forced to roll a massive boulder up a hill for all of eternity. Every time… read more
How to Process Invoices with Supporting Documents via AP Automation
In this post, we’ll break down some common types of supporting invoice documents, best practices for formalizing the process and give advice on how to… read more
Minimize the Too-Much-Data-Entry Headache
This blog highlights 4 steps businesses can take to reduce data-entry related issues and how Accounts Payable Invoice Automation solves for most of them.
Vendor Management File: Best Practices and Validations
Due to the advances, both in technology and unfortunately fraud, there are some new best practices every organization should be using for when it comes… read more
3 Steps to Getting Buy-In For AP Automation at Your Organization
The wonderful world of accounts payable automation… It has more of what you want (accuracy, time savings, departmental efficiency), and less of what you don’t… read more
Cashflow Rules: Why Firms Should Prioritize AP Health
When it comes to business, cash rules everything. Or, in the immortal words of the Wu-Tang Clan: Cash (flow) Rules Everything Around Me. Early 90’s… read more
How Artificial Intelligence (AI) Can Increase Your Operational Efficiency
In 2017, Netflix was facing a possibly fatal issue. They recently raised their prices, which contributed to a marked decline in subscribers. The company was… read more
The Mid-Market Slump: Why So Many Firms Get Stuck
Most firms have a solid plan for their first year or two in business. They spend a great deal of time developing a business plan… read more
The Rise of Strategic Accounts Payable
Where did the AP industry come from and where is it heading? This article looks at the rise of strategic accounts payable automation software to… read more
Internal Controls Best Practices for Mid-Market Firms
There are two truths when it comes to accounts payable: These two truths can exist in contrast, however. For example, if you rush to pay… read more
The AP Efficiency Handbook
When was the last time you took a long look at your company’s AP process? There’s a good chance your business is wasting time and… read more