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Answering Your Frequently Asked Questions about Business Process Outsourcing and Automation
We can all agree that automation and outsourcing have become two of the more popular solutions for handling core business processes in the modern world. Even if your own company hasn’t implemented these solutions yet, there’s a good chance you’ve […]
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What Does A Modern Accounts Payable Department Look Like After Automation?
It’s nearly impossible to run an accounts payable department in the modern world without hearing about automation. You’ll see all kinds of articles and reports saying automated AP software is one of the best tools you can use to make […]
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What Do You Do With Paper After You Digitize Documents, What to Keep What to Toss?
You’ve heard about how great digitizing your documents can be. Digital files are easier to search and access, take up less space, and are more secure. But what about all the paper files that digitization leaves behind? One of the […]
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Do You Want to Know What Are The Benefits of Automating Your Payables Process?
Paying bills can be a hassle. This is especially true when you are running a business with many expenses coming from many different providers, suppliers, and vendors. The more invoices you have to keep track of, the harder it gets […]
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Essential Tips For Becoming A Well-Rounded CFO
Major changes in today’s business landscape have opened the door for enterprising CFOs to achieve their full potential. The shift to an information economy, need for improved tech security, globalization of business, and increasing shareholder activism make it imperative for […]
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3 Key Ways that Accounts Payable Automation Improves Oversight
Oversight is critical in the accounts payable department. If you don’t have accurate, up-to-date information on what’s going on in your AP department it’s almost impossible to get a clear picture of the state of finances in your company. Unfortunately, many […]
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Here’s How You Can Enhance Your ERP with Software Integration
Your enterprise resource planning (ERP) system is the workhorse of your organization. It standardizes and streamlines an array of core functions while handling tasks like inventory management, manufacturing cost evaluation, and general ledger reconciliation. But as versatile as a good ERP […]
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5 Tips For Staying On Top Of Expense Reporting
Expense reporting is one of the easiest tasks to fall behind on. It wouldn’t be too bad if the person processing expense reports could just take claims at face-value. But they have to check every item on the claim to […]
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Here’s How To Keep Employees From Misusing Expense Reports
Your expense reporting system offers one of the easiest ways for employees to steal from your business. Maybe they think they’re no harm in charging a few non-business expenses to the company card while on a trip. Or perhaps they’re […]
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EDI is Growing in Popularity – Is Yours Giving You Headaches?
Electronic data interchange (EDI) allows exchange of electronic format documents between computers. Rather than sending paper back and forth, this allows different businesses and/or departments within a business to exchange electronic files directly. With an EDI for your accounts payable […]
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Are You Having Trouble With Your Business Processes? Maybe It’s Time To Automate Them
Many organizations struggle to manage their core business processes. A 2015 study by Tipalti, which polled 100 senior finance decision makers and executives, found that “51% were dissatisfied with the processes they use to pay their suppliers.” And the problem […]
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Avoiding Purchasing Pitfalls: Procurement Management Practices
The success and effectiveness of most departments in your company rely on your procurement management strategy. This holds true no matter what type of business you’re in. Manufacturers need to ensure that they have enough inventory to produce at expected […]
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