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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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How To Expense Data Storage as OpEx
If you’d rather handle digital data storage as an operational expense than as a capital expenditure, it’s time to outsource your data storage. Whether you lease servers or purchase cloud storage, handling data storage as Opex can be a good […]
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5 Reasons Excel Is Terrible For Your Business
Businesses saw Excel as a solution for easy data management back when it first hit the market. Today, it’s still used for tasks such as scheduling, basic accounting, tracking sales, and compiling customer data. But many businesses also use Excel […]
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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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3 Eye-Opening Questions You Need to be Asking About Your Spreadsheets
Studies agree – about 88 percent of Excel spreadsheets contain significant errors. If your company is still using spreadsheets for financial data processing, there’s a very good chance most of your spreadsheets contain errors that are affecting your company. While […]
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Expense Report Audits for Growing Businesses
For small to mid-size businesses, having an entire department, or even a single employee, devoted to travel and expense management might seem unnecessary. When employees are dealing with T&E on top of all their other work, though, it’s easy for […]
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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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Utilizing T&E Technology with Millennial Employees
Aberdeen Group’s report “Young & Talented But Lazy? Not So Fast – Millennials are the Real Deal” predicts that by the year 2025 the millennial generation will comprise nearly 75% of the global workforce. Understanding this generation’s priorities is key […]
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Optimize Workflow With Digital Documents
Optimizing workflow in today’s rapidly evolving business world requires a strategy that takes into account the move towards paperless processing. Even though paper isn’t going away entirely, long-term trends are moving toward replacing manual, paper-based systems with digital and automatic […]
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Making the Move to Modern AP
Modernizing the AP department with automation is widely regarded as a beneficial step, yet switching to automated AP often meets resistance within organizations. If you’re trying to convince your company to get on board with AP automation, there are a […]
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Should I Automate My Business Processes or Outsource Them?
It’s no secret that automating and/or outsourcing business processes can save your company time and money. But which one should you pick? It all depends on exactly what needs to be done and how much of your process you want […]
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Global Trends: Robotic Process Automation
Robotic Process Automation (RPA) is an emerging trend in the global business world. Closely related to Business Process Outsourcing (BPO), RPA refers to the use of computer software or a “robot” to perform business processes. It’s designed to perform tasks […]
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