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4 Common Problems In Accounts Payable
It’s nearly impossible to find a business that hasn’t struggled with getting on top of their IOUs. The problem’s easy to recognize, but hard to deal with. Taking on accounts payable and turning it into an efficient department isn’t an […]
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7 Tips For Preventing Invoice Fraud
The Accounts Payable department is a prime target for fraud. Criminals looking to exploit your business take advantage of AP departments buried in paperwork to submit phony invoices and hope they’ll slip by as legitimate. A single fraudulent invoice might […]
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AP Automation and 2017 Technology Trends
If you look at the technology trends released by publications like Forbes and Boston Business Journal at the beginning of this year, you’ll see ideas related to finance automation topping the lists. Already, it looks like 2017 will be a […]
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4 Tough Problems AP Managers Face (and how to deal with them)
Modern Accounts Payable managers aren’t just responsible for making payments. They’re also in charge of overseeing employees, forecasting cash flow, and finding ways to make Accounts Payable more efficient. Responsibilities include connecting multiple banks, streamlining payment processes for vendors, tracking […]
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3 Steps To Getting Your Boss On-Board With AP Automation
So you’re working in Accounts Payable. You’re surrounded by paperwork, you’re manually entering data, and you’re struggling to keep track of invoice deadlines. You’re sure that implementing an automation system could solve a whole host of problems for your and […]
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New Year’s Resolution: Transform Accounts Payable in 2017
New Year’s resolutions aren’t just for individual people. You can also make resolutions to improve your business process. And there’s no better place to start than in Accounts Payable. AP isn’t the most glamorous department, but it’s absolutely essential to […]
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10 Big Reasons To Automate AP Right Now
You’ve probably been hearing quite a lot about AP automation recently. But perhaps you think all the hype is exaggerating its advantages or that AP automation can’t really be that critical for your company. Think again. Streamlining your AP department […]
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5 Strong Signs You Need To Automate Your Accounts Payable
You’ve probably heard about automatic AP software and how good it is for business. But how do you know when it’s time for your company to make the switch? Here are five signs to look for: 1) You’re Missing Payment […]
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How To Make The Most of Company Money With AP Automation
Everyone’s looking for a way to save money without compromising on quality. It’s often a challenge, but in the AP Department, you can actually cut costs while also improving your process. By upgrading from a paper-based to an automated electronic […]
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Don’t Overlook The Crucial Role AP Plays In Saving Money
Even though the accounts payable (AP) department governs money leaving your company, it’s one of the best places to save money. A smoothly-functioning AP department doesn’t lose money to late fees, has a low processing cost-per-invoice, streamlines your payment information, […]
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How AP Automation Saves Money
Justifying new investments is a valid concern. You don’t want to purchase a new software program only to find it’s less cost-effective than your current solution. For accounts payable software, though, the advantages far outweigh the cost and automation is […]
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Harnessing Metadata in AP Automation
Accounts Payable automation software has been spreading all over the country and helping businesses improve their practices and save money across the board. Combining digitization and data entry is the ideal way to maximize the data available while making your […]
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