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Manual Accounts Payable Tasks That You Really Need To Automate
Without automation, accounts payable is the most time-consuming and inefficient financial process there is. In far too many AP departments today, accounts payable teams have to manually key-in invoice data. They’re spending huge amounts of time chasing down signatures, printing […]
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4 Ways You Can Use Accounts Payable Automation To Help Catch and Prevent invoice Fraud
Accounts payable is a prime target for fraud. Because so many AP departments are flooded with paperwork, understaffed, and running behind schedule they’re often seen as “easy prey.” They just don’t have the time or resources to efficiently battle fraud. […]
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Comprehensive Guide on How To Build An Effective Corporate Travel Policy
Every company with employees who travel wants to save money on expenses. Some companies, however, have taken trying to save money in an unwise direction. You’ll find companies that make employees share hotel rooms while traveling to try and cut […]
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Get Ready for 2019 -Here Are 5 T&E Goals To Set For The New Year
What are your goals for the new year? As a company, the expense reporting goals you set for 2019 will help determine whether you improve a key company process or just continue on as-is. For most companies, how they handled […]
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3 Things You Need To Know About Expense Fraud and How to Avoid Fraud
We’d all like to think that our companies employ honest, trustworthy people. And it’s true that a large percentage of your employees probably are as honest as you hope them to be. In fact, by far the most common way […]
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This Is The Past, Present, and Future of AP Automation
In the modern business world, few innovations have had as much impact as process automation software. Looking at the past, present, and future of accounts payable automation demonstrates that very clearly. In just a few decades, we went from paper-based […]
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How Companies Handle Expense Reporting Didn’t Change Much In 2018. Here’s How To Make Next Year Better
2018 should have been a year of continued advancement in how businesses handle travel and expense reporting. But the most surprising thing about expense reporting trends in 2018 is how little actually changed. Almost half of all companies are still […]
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3 Cornerstones That Will Help You Successfully Transition To Digital Procurement
Are you planning to digitize your procurement? According to research from the Center for Global Enterprise (CGE), you should be if you want to lower costs and increase revenue. The CGE’s research predicts that digitizing your company’s supply chain could […]
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Want To Customize Financial Software For Each User Without Extra Fees? You Can With NextProcess
So you’ve found a new software for your business. It seems perfect. All the features you need, the price seems right, and it’s supposed to be easy to use. But then you learn the price was only for a limited […]
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Here’s How To Define and Solve Procurement Problems While Using Business Process Automation Software
If you’re having troubles with procurement, you have to define the problem before you can work toward a solution. Procurement issues can take many forms. In some cases the problems are obvious. In others, your procurement might work pretty well […]
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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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