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Transforming Vendor Finance with Innovative, Dual-Benefit Solutions
Depending on who you ask, the U.S. economy is either already in recession or very likely to go in that direction. In the current business climate, vendors are looking for faster payments so they can make ends meet without waiting […]
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Streamline Procurement with An Innovative New Feature for Processing Purchase Order Acknowledgements
Here at Next Process, we’re always on the lookout to develop new features and make our products more useful to clients who are using our software. Part of this process involves listening to requests and suggestions from current clients, which […]
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Links Between Employee Retention and Business Process Automation
Losing a valued employee is a blow to any business. Nowhere is this truer than in departments like accounts payable and procurement. So many key business processes happen in these finance departments that it can take quite a while to […]
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Why It’s Important to Choose Your NetSuite AP Automation Software Carefully
NetSuite is the #1 Cloud ERP Software available. If you’re among their more than 28,000 customers worldwide then you already know what a wonderful tool it can be. If you’ve been running NetSuite for a while, though, you might have […]
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Mapping Out the Best P2P Solution for Your Company
When was the last time your organization reevaluated the procure-to-pay (P2P) process? If it’s been a few years—or no one’s ever taken a strategic look at the whole process, then mapping out the best P2P solution for your company can […]
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How to Get the Most out of MS Business Central with AP Automation
Coming from one of the most widely used and trusted software suppliers on the planet, Microsoft Dynamics 365 Business Central can be a huge help in managing your essential business processes. With their recent performance improvements, companies of all sizes […]
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Spend Management During a Recession: Planning for the Possible Future
While economists debate the definition of “recession” and go back and forth on whether the U.S. economy is in recession, there’s no denying that rising inflation is taking its toll on individuals and businesses alike. At the end of April, […]
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Using BPA Software to Improve Customer Service in Accounts Payable
Let’s think about the types of customer service you need to do in an accounts payable department. Usually if you’re answering customer service calls and emails, it’s because your vendors and suppliers want to check on the status of a […]
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An Easy Accounts Payable Solutions for Small Businesses
As a small business, how are you managing accounts payable? Early on with a small business, it’s pretty common to use a manual, paper-based process. You simply write a check for invoices when they come in, and you might track […]
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Here’s What Business Process Automation Is and Is Not
It’s impossible to ignore the role of automation in today’s world. Along with the rise of automation comes understandable concerns. For example, many wonder if automated programs can do people’s jobs, will that take away employment opportunities from real people? […]
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How to Reduce Costs with Automatic AP Software
The Accounts Payable (AP) department is often one of the slowest to switch over to automation software or to update older software solutions. Often, there’s a perception that updating the old way of doing things will cost too much money, […]
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Do You Have Succession Plans in the AP Department?
If the head of your accounts payable department moved on to a new position tomorrow, could anyone step in to fill their job? What if a couple of AP employees transferred to another position within your company, retired, or went […]
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