The Evolution of Modern Accounts Payable
When you look at some of the incredibly advanced systems today powering massive amounts of payables at a high level of accuracy, it’s hard not… read more
Vendor Management File: Best Practices and Validations
Due to the advances, both in technology and unfortunately fraud, there are some new best practices every organization should be using for when it comes… read more
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Cashflow Rules: Why Firms Should Prioritize AP Health
When it comes to business, cash rules everything. Or, in the immortal words of the Wu-Tang Clan: Cash (flow) Rules Everything Around Me. Early 90’s… read more
The Rise of Strategic Accounts Payable
Where did the AP industry come from and where is it heading? This article looks at the rise of strategic accounts payable automation software to… read more
Internal Controls Best Practices for Mid-Market Firms
There are two truths when it comes to accounts payable: These two truths can exist in contrast, however. For example, if you rush to pay… read more
The AP Efficiency Handbook
When was the last time you took a long look at your company’s AP process? There’s a good chance your business is wasting time and… read more
AP Automation is Revolutionizing the Accounts Payable Process
Technology is changing accounts payable, is your company missing out? Today, AP workflow software can automate many parts of the AP process, allowing your company… read more
Is Your Accounts Payable Workflow Driving Growth or Killing It?
The accounts payable workflow is often a necessary but tedious process rife with inefficiencies that leave companies at risk of payment errors and even fraud.… read more
The High Costs of an Inefficient Back Office
The business world is changing. From the rise of artificial intelligence to the massive amount of customer data available thanks to platforms like Facebook and… read more
Benchmarking Your Invoice Process: How Do You Stack up?
By Mary S. Schaeffer We want to start this piece by owning up to the fact that all invoices are not created equal. This makes… read more
7 Business Processes to Automate Today
Everybody would like to have fewer tedious tasks at work, but it can be daunting to start a large project like business process automation. Believe… read more
Creating Realistic Vendor Expectations and Improving Relations in Difficult Situations
Improving vendor relations is an issue that rarely gets addressed in accounting and accounts payable circles. This is unfortunate because good relations with vendors usually… read more
Communicating with Internal Customers
Strong communications between AP and other departments begins with building relationships. Use these best practices to help build internal relations and foster a positive workplace… read more
How To Prevent Accounts Payable Collusion
Collusion is an ugly word but one that we need to address. Unfortunately, that is exactly what happened at MillerCoors when one of their marketing… read more