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The Best Ways to Simplify Your Expense Reports
Travel and entertainment or travel and expense (T&E) payments account for up to 12% of many companies’ annual budgets. For most companies, managing these expenses involves employees submitting receipts and filling out reports, and then other employees laboriously processing those […]
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Dont Overlook Role AP Plays Saving Money
Even though the accounts payable (AP) department governs money leaving your company, it’s one of the best places to work on saving money. According to interviews with hundreds of finance leaders conducted by the firm Insight Avenue (March 2024), 80% […]
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3 Benefits of Automating Expense Report Processing for Growing Businesses
For small to mid-size businesses, having an entire department, or even a single employee, devoted to travel and expense management might seem unnecessary. If you only have a few dozen employees, for example, and they’re not traveling that often, it […]
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5 Tips for Using BPA Software to Support Effective Finance Teams
Often, people hear “automation” and think that it’s going to replace people. But business process automation (BPA) software has a different purpose. This type of automation helps employees do their jobs more effectively. In financial departments, using BPA software can […]
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10 Ways to Use Automation Software to Address Top CFO Concerns Going into 2025
Over the past few years, the role of the CFO has expanded to include new responsibilities. Priorities shift and focuses change as the world around us changes in response to technological advances, the economic and political landscape, and the aftermath […]
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How To Use Automation Software to Manage Direct and Indirect Procurement More Efficiently
Whatever the industry your company operates within, it relies on procurement to a certain extent. No company is entirely self-sufficient, and purchasing plays a key role in keeping a business running. For some companies, though, procurement is particularly important. It’s […]
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10 Ways that BPA Software Can Help Your Company Improve Efficiency and Productivity in Finance
We all want to optimize our businesses. Improving efficiency and productivity makes a company more financially stable, places it in a better position to take advantage of opportunities, and enables the company to keep up in the fast-paced modern business […]
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5 Ways To Reduce Errors Using Business Process Automation Software
Are errors hurting your business? It can be a hard question to answer. If you can identify the impact of errors, then you can take steps to correct them. But often, errors slip in that you don’t even know about […]
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How Does T&E Fit in With Procure-to-Pay Software?
When discussing how to manage spend in the procure-to-pay process, we often think of spend management as involving budgeting, procurement, accounts payable, and payment. But there’s another key department involved in spend management: travel and expense (T&E). Much like procurement, […]
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Try Business Process Automation Instead of Hiring Temps
Whether you’re a small business or a large corporation, there might come a time when you start thinking outsourcing or hiring temps sounds like a good idea. Maybe you’re having trouble finding enough skilled employees to handle tasks like accounts […]
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What Role Do CFOs Play in Digital Transformation?
In recent years, we’ve seen how rapidly things can change in the world. There’s a greater emphasis on remote work. Supply chain disruptions are more common than before. The rise of automation, AI, and machine learning are rapidly transforming how […]
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Here’s How Business Process Automation Can Help Large Corporations Catch Errors, Fraud, and Theft
The larger a company grows, the more complex the business processes become. As budgeting, purchasing, expense reporting, accounting, and payments become more complex there’s a greater risk that errors, fraud, and theft could go unnoticed. Without careful oversight, it’s easy […]
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