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3 Deadly Purchasing Pitfalls to Avoid
When looking at the procure to pay process of a company, a lot of companies will focus on the payment side of the equation. Accounts payable and cash flow are both definitely important. However, purchasing is a critically relevant department that […]
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3 Ways To Cut Costs With Process Automation
Business process automation is more than a fad. It’s a simple, cost-effective way to optimize your business processes while reducing your spending. It also streamlines things for employees in the automated departments, making automation a win-win for everyone in your […]
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4 Tough Problems AP Managers Face (and how to deal with them)
Modern Accounts Payable managers aren’t just responsible for making payments. They’re also in charge of overseeing employees, forecasting cash flow, and finding ways to make Accounts Payable more efficient. Responsibilities include connecting multiple banks, streamlining payment processes for vendors, tracking […]
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4 Key Areas Where Automation Can Save You Money
Business process automation isn’t just about doing things faster with less employee involvement. It’s also about optimizing your business processes, freeing up employees for more productive tasks, and cutting costs across the board. Here are 4 key areas where automating […]
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5 Great Reasons To Outsource Payment Processing
According to the Aberdeen Group, check printing in North America involves $25 billion in processing costs each year. Most companies spend an average of $10 to process every single check that goes out of their office. The obvious solution is […]
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3 Steps To Getting Your Boss On-Board With AP Automation
So you’re working in Accounts Payable. You’re surrounded by paperwork, you’re manually entering data, and you’re struggling to keep track of invoice deadlines. You’re sure that implementing an automation system could solve a whole host of problems for your and […]
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Managing Expense Reports Effectively
No matter what the business, managing expense reports presents a challenge for companies to manage. Traveling for business has become more and more frequent in an increasingly global economy. Taking care of employee reimbursements can take up a lot of […]
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New Year’s Resolution: Transform Accounts Payable in 2017
New Year’s resolutions aren’t just for individual people. You can also make resolutions to improve your business process. And there’s no better place to start than in Accounts Payable. AP isn’t the most glamorous department, but it’s absolutely essential to […]
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Keeping Tech-Savvy Employees Happy and Productive
Automating business processes is no longer a simple matter of keeping up with new trends. As Millennials and younger, more tech-savvy employees become a higher percentage of the workforce, automation can help determine whether or not you keep your new […]
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10 Big Reasons To Automate AP Right Now
You’ve probably been hearing quite a lot about AP automation recently. But perhaps you think all the hype is exaggerating its advantages or that AP automation can’t really be that critical for your company. Think again. Streamlining your AP department […]
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5 Strong Signs You Need To Automate Your Accounts Payable
You’ve probably heard about automatic AP software and how good it is for business. But how do you know when it’s time for your company to make the switch? Here are five signs to look for: 1) You’re Missing Payment […]
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Bringing P2P to Professional Services
Procure-to-pay (P2P) automation software has been a hugely popular way to improve back office processes. Their long-term effectiveness has been demonstrated for a variety of different sectors. But every industry is different and their needs should be examined separately. A […]
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