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10 Essential Tips For Improving Cash Flow In Your Company
- 5:54 am
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Improving cash flow is a big help no matter what type of business you’re running, how long the company has been around, or what size of company it is. Every business faces the challenge of managing cash flowing in and […]
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Do You Need To Change The Way You Approach Cash Flow To Avoid Shipwrecking Your Company?
- 5:57 am
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When you’re navigating the stream of cash flowing in and out of your business, it’s easy to run into problems. Cash flow issues plague companies of all sizes and eat away at the bottom line. But they’re not inevitable. And […]
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What Does Accounts Payable Workflow Automation Look Like In Practice?
- 4:33 pm
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Are you happy with your accounts payable workflow? If you’re still on a paper system, chances are that you can point out some inefficiencies in the way your organization processes invoices. Your accounting department is doing the best it can, […]
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How To Avoid the Most Common Mistakes That Companies Make When Implementing New e-Procurement Software
- 9:23 am
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Do you want a procurement solution that only half-works? Or that fails entirely after you’ve poured money into it? Of course not! But unfortunately, that’s what a large percentage of companies end up with when they try to implement an […]
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Two Unexpected Ways Autoprocessing In Accounts Payable Saves Your Employees Time
- 5:51 pm
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If you want to speed up your business processes, automation is the way to go. Auto-processing will dramatically increase how quickly your accounts payable department can process invoices, payments, etc. But that’s not the only time-saving benefit. While it’s true […]
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What’s The Difference Between Image Capture and Image Indexing?
- 3:37 pm
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Have you ever been frustrated with your digital image capture? You’ve scanned a paper document into the system, opened it up, and then found out you can’t search for keywords or interact with the data. You thought digitizing your paper […]
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How To Overcome Your Most Common Problems In Paper-Based Accounts Payable Processes
- 10:22 am
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More businesses make the move to electronic invoices and automatic accounts payable every day. There’s a good reason for this. Paper processing is so cumbersome that more than 30% of accounts payable managers can’t even answer how much it costs […]
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Discover 5 Of The Best Tools You Have For Preventing Invoice Fraud With AP Automation
- 1:28 am
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Fraudulent invoices slip through accounts payable far more often than you might think. They’re typically low amounts that don’t need payment approval and show charges for things your company actually buys, such as printer paper or telecommunications services. At first, […]
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How To Pitch Business Process Automation To Your Boss So They Actually Think It’s A Good Idea
- 9:13 am
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So you’re convinced business process automation is the right choice for your company. The problem is your boss isn’t so sure. In fact, automation might not even be on their radar. You know automation can save money, improve efficiency, and […]
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The Power of Using Metrics To Monitor Capital Expenditure Planning
- 9:13 am
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Making decisions about capital expenditures without having a plan is a recipe for disaster. If you’re going to manage capital projects and stay within budget, you need to set goals and take time for planning. That’s something we can all […]
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How Much Do You Need to Worry About AP Fraud? 5 Key Factors To Consider
- 11:30 am
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Fraud isn’t something we like to think about. We’ll put controls in place to prevent it, of course, but unless fraud actually causes a major problem for our companies we’d rather let other people worry about it. But if you’re […]
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5 Painless Steps To Create An Effective Vendor Compliance Policy (And Why You Should Bother)
- 8:36 am
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Maybe you’ve never thought about creating a vendor compliance policy. You place an order, the vendor delivers it. Pretty simple most of the time. You’ve got purchase orders to provide legal documentation if there’s a problem with the order and […]
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