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This Is What You Need To Know About Your Data Capture Options For Accounts Payable
One challenge facing accounts payable today is that you receive so many different types of invoices. Some arrive on paper with your orders while others arrive as faxes from your suppliers. Some come attached to emails, and others arrive in […]
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How Do You Know Whether or Not to Keep Using Excel?
You’ll often read articles describing Excel as an outdated tool for managing business processes. If you’re still using Excel in your business and you like the way it works, that probably seems like an odd description. What’s going on to […]
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Here’s How Improving the Accounts Payable Process Improves Utility Management
Utility invoices come through every company’s accounts payable department. When everything goes well, paying them is an essential, routine part of AP’s job. Utilities payments are a time-consuming part of accounting, but there’s a good chance most people in the […]
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How You Can Use Business Process Automation to Fix 5 Common Payables Issues in Your Company
Accounts payable issues are more than just annoying. In a worst-case scenario, serious AP issues can sink a company. Delays, errors, and other issues in accounts payable can damage your company’s relationships with vendors, increase costs, and make audits more […]
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7 Best Practices That Impact Accounts Payable Automation
All around the world, mistakes happen in accounts payable departments every day. We’re all human; we make mistakes and it’s not the end of the world. But sometimes, errors can be costly. Since the accounts payable department handles money leaving […]
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Your Essential Guide To Implementing Paperless Accounts Payable
You’ve probably heard or read about the benefits of having a paperless invoice processing system. But there’s so much paper in the accounts payable (AP) department right now that going paperless can seem like an impossible goal. Paper invoices, paper […]
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Why It’s Important to Choose Your NetSuite AP Automation Software Carefully
NetSuite is the #1 Cloud ERP Software available. If you’re among their more than 28,000 customers worldwide then you already know what a wonderful tool it can be. If you’ve been running NetSuite for a while, though, you might have […]
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Why Is Spend Management So Important, and How Can Automation Help?
Simply put, spend management is the strategy companies use to control their spending. This strategy does not only involve purchasing and procurement, although that department plays a vital role. It can also involve collaboration between several different departments and financial […]
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Digitizing Payables for the Post-Pandemic Future
When Covid-19 forced businesses to move their processes online in 2020, the scramble to digitize and automate left many companies with a cobbled-together method for receiving invoices and making payments. Accounts Payable often had to figure out how to work […]
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5 Ways to Tune Your AP Automation for Maximum Workflow Efficiency and Improved Data Quality
The accounts payable department is one of the easiest places to notice if your organization is dealing with inefficient workflows and poor-quality data. A breakdown in workflow and data collection in AP has a direct impact on cash flow, which […]
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How to Optimize AP Visibility Using Automation Software
Though some businesses still process invoices manually, more and more enterprise companies have automated their Accounts Payable departments. That does not, however, always mean that those companies have optimized their AP as well as they could. Clunky, outdated automation can […]
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The Retail Industry’s Guide to Automated Accounts Payable Software Solutions
Optimizing accounts payable is an important step for any business. In the retail industry, it’s vital. If you cannot pay your suppliers promptly, then there’s no guarantee they’ll keep filling your orders. If you’re not tracking payment deadlines closely, then […]
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