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The 5 Big Advantages To Faster Invoice Processing
Accounts Payable might not be the most glamorous department in your company. Nevertheless, it’s an essential part of doing business and you ignore it at your peril. In fact, the worst accounts payable issues can actually sink your company if […]
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How Business Process Automation Can Help You Identify Anomalies That Might Be Hurting Your Company
Automating your business processes makes it easy to collect large quantities of accurate data. This data can help you create more accurate budgets, identify spending trends, simplify audits, and much more. Another perk to collecting all this data is that […]
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How To Take Advantage Of The Surprising Benefits That Come From Aligning Procurement and Accounts Payable
Procurement and Accounts Payable should be a match made in heaven. One brings goods and services into your company and the other pays for them. They’re two halves of the same Procure-To-Pay (P2P) process. Working together just makes sense. In […]
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How To Easily Streamline Accounts Payable As Your Company Grows
I think we can all agree that the easier accounts payable is to manage the better. As the department responsible for invoice processing, approvals, and payment it’s easy to see the importance of AP. We can even go so far […]
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Allaying 6 Common Accounts Payable Automation Myths
As companies look for ways to streamline their processes and become leaner and more productive, accounts payable is a common target for improvement. Historically a world of paper invoices and human error, accounts payable is ripe for automation software. However, […]
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Facing Challenges in AP Automation in 2019
It’s no secret that accounts payable automation gives your company a leg up in the modern business world. Automating AP saves money, reduces errors, and gives you increased control over cash-flow. However, fully automating your accounts payable process doesn’t always […]
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Top 5 Reasons to Choose a SaaS Accounts Payable Provider
If you’re reading this article, then you’ve probably decided that you want to implement process improvements in your company’s accounts payable department. And that’s a wise decision. Business process automation and improvement software has the potential to help your business […]
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10 Important Ways That Using Purchase Orders Benefits Your Company
If you’re like most of us, you probably think the last thing your business needs is more paperwork. There’s way too much of that already, right? Not using purchase orders is saving you time, you might argue. Besides that, they […]
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10 Most Costly Procurement Mistakes and How to Avoid Them
Your company’s purchasing ability depends in large part on the effectiveness of your procurement system. When the system is working well, then purchasing goes pretty smoothly. But if you’re working with an inefficient system it’s going to lead to a […]
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Weird Things That Show Up On Expense Reports
If you work in the finance department, chances are you’ve seen some pretty weird things show up on expense reports. From Italian vacations, to pet sitting, to traffic tickets there seems no end to the strange and inappropriate items people […]
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Quick and Painless Ways to Solve 5 Common Purchasing Problems
Is your company struggling with purchasing problems? Dealing with accidental orders, unclear policies, exceeding the budget, inventory issues, and inflexible or unreliable suppliers are not uncommon. But you don’t have to keep putting up with these issues in your company. […]
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How Important Is it To Store Business Data Electronically? Plus The Top 6 Reasons You Need To Digitize Data Storage
Data storage is a key component of a successful business. You need to store all the files you’re currently processing in accounts payable, expense reporting, and other departments somewhere you won’t lose them. Written policies, budgeting records, and other frequently […]
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