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Workflow That Works: This Is Why You Want To Improve Your AP Processes
Accounts payable might not have the exciting revenue increases of sales or the fashionable benefits of new product research. But it’s certainly an important part of your organization. A well-managed AP department can nurture positive vendor relationships, flexible payment terms, […]
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How Much Do You Need to Worry About AP Fraud? 5 Key Factors To Consider
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)
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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Want To Integrate Your ERP System With AP Automation? Here’s What You Need To Know
Enterprise Resource Planning (ERP) systems are the repository for all your company’s financial data. This makes them incredibly important as a fundamental part of your accounts payable (AP) process. When you’re upgrading to AP automation, it’s vital that you consider […]
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10 Disturbing Accounts Payable Issues That Will Sink Your Company
You’d be hard-pressed to find a business that doesn’t struggle with keeping people on top of their IOUs. Managing the accounts payable department is an overwhelming task. Not only are AP employees swamped with work, but there are also plenty […]
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5 Ways That AP Automation Helps Accountants and Strengthens Your Business Process
The finance department has more than enough to worry about for most companies. Their needs are hugely important to the success of any business, not to mention to avoiding liability from bad accounting practices. But in spite of their unquestionable […]
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The 5 Things About Accounting Fraud That You Need to Know
Every company combats fraud. If your organization hasn’t yet been a target for fraud, it’s probably just a matter of time. Whether it’s internal embezzlement and purchasing fraud, fraudulent financial reporting, or attacks on the AP department, fraud represents a […]
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The Best Way To Improve Accounts Payable Key Performance Indicators
If your company is like most, then Accounts Payable could use some improvement. In some companies, it’s one of the hardest departments to optimize. And even when the AP department is running well, there are still at least a few […]
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New Study Shows Accountants Love Automation
In some industries, automation is a scary concept. Employees often worry that they’ll be replaced by robots, automated systems, or artificial intelligence. Because of this fear, companies might hesitate to introduce new automated processes even if they don’t intend to […]
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4 Reliable Ways To Reduce Small-Business Expenses
Every penny counts when you’re running a small business. Like larger businesses, you want to grow income while keeping costs down. But you need solutions tailored to your business’ size. No matter how small your business is, you can take […]
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5 More Questions Your Accounts Payable System Provider Should Be Able To Answer
You have quite a large number of options to choose from when selecting an Accounts Payable system provider. To make sure you’re getting the best fit for your company, there are several questions you’ll need to ask the different software […]
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5 Questions Your AP Provider Should Be Able To Answer
When you’re looking for a software provider to automate your AP system, you want to make sure you’re getting the best fit for your company. With that goal in mind, there are several questions that you’ll want the providers you’re […]
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