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Here’s How the Food & Beverage Industry Can Use BPA to Improve Purchasing
In the food and beverage industry, a reliable procurement strategy is vital to success. Whether your company is part of food and beverage production or distribution, you’re just one step in the path food and beverages take from raw materials […]
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How To Use Automation Software to Manage Direct and Indirect Procurement More Efficiently
Whatever the industry your company operates within, it relies on procurement to a certain extent. No company is entirely self-sufficient, and purchasing plays a key role in keeping a business running. For some companies, though, procurement is particularly important. It’s […]
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10 Reasons Why Your Company Needs Good Financial Data
Data plays an essential role in business. Gut instinct and guesswork just aren’t going to cut it. Your company needs data when you set budgets, analyze performance, choose investments, and make strategic decisions. Because of how important data is, your […]
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Facilitating Your Spend Management: Automation for Every Industry
Any business, large or small, has to deal with many of the same processes when it comes to spend management. This is also true for all types of businesses. On a broad scale, every industry needs to make purchases and […]
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Integrating Payments With BPA Software in 2024
Some of the biggest trends in accounts payable this year involve how organizations handle payments. Many see 2024 as a year for integrating payments, accounts payable (AP), and procurement to create a seamless procure-to-pay cycle. For others, this is also […]
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Satisfy Customers and Suppliers with Improved Accounts Payable Software
Your accounts payable (AP) department deals with a large number of internal and external customers. Within the company, AP works with purchasing and receiving to authenticate invoices and make payments. They also play a huge role in managing cash flow […]
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Software Makes Managing Purchase Orders Easier for Growing Businesses
When you started your new small business, you probably didn’t invest in Procure to Pay software or automation for purchase orders. After all, how hard is it to just call your supplier or place an order online when you need […]
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Here’s How BPA Software Can Help Your Company Manage All Types of Expenses
Managing expenses is a key aspect of maintaining a company’s financial health. There are several different types of expenses. A few examples include capital expenses for major projects, day-to-day operational expenses, and employee travel expenses. These different types of expenses […]
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5 Ways that BPA Software Makes Invoice Approvals Better
In the accounts payable department, the ideal invoice approval workflow should be seamless, efficient, and cost-effective. Invoices arrive in the department, they’re verified through document matching (with exceptions flagged for review), the approvers are notified that invoices are ready for […]
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Improve Operational Flexibility with Automatic AP Software
In the modern business world, operational flexibility is more than a luxury—it’s a necessity. In the accounts payable (AP) department, offering flexible payment options, enabling employees to work from a variety of locations, and the ability to adapt to internal […]
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5 Tips for Managing High-Volume Accounts Payable with BPA Software
5 Tips for Managing High-Volume Accounts Payable with BPA Software How many invoices does your company receive each month? If you’re processing hundreds or even thousands of invoices each month, then your company is managing high-volume accounts payable. What qualifies […]
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Streamlining Financial Processes: Comparing BPA, SaaS, BPO, and BPaaS
If you’ve been researching software options for managing your financial processes, then you’ve probably run across terms like Business Process Automation (BPA) and Software-as-a-Service (SaaS). You’ll also come across related terms, like Business Process Outsourcing (BPO) and Business Process as […]
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