January 2018 — The world of accounts payable is built on thinking in terms of processes. However, the beginning of a new year offers up a rare opportunity to look at things from a different perspective. It’s a collective moment of breath to reflect on what works, what doesn’t and what’s new for the road ahead.
October 2017 — Manual invoice processing is no doubt one of the leading pain points in accounts payable. AP professionals are eager to implement automation solutions that can cut down on tedious data entry and time spent on menial invoicing tasks.
June 2018 — A couple of years ago, after being a long-time user of Nokia and Windows phones, I decided to switch to an iPhone. I felt very uncomfortable about the transition. Even though I knew bits and pieces about the Apple world I was about to embark on, I stared at my new smartphone in horror.
June 2016 — We all know accounts payable can be a cumbersome, time-intensive process when done on paper or through ill-designed software, not to mention prone to human error, lost invoices, delayed actions, and ultimately late payments resulting in more expenses for the company.
May 2018 — The good news is that modern information systems and Robotic Process Automation (RPA) enable higher levels of financial management automation, resulting in better quality and faster throughput, as well as the elimination of manual tasks. They free up workers’ time, so they can focus on tasks that bring more value to an organization, such as analyzing and sharing financial information.
November 2016 — In today’s highly competitive and increasingly digital market, there is more pressure than ever for finance executives to better manage working capital and corporate spending. One tremendous way to do this is by eliminating a paper-based accounts payable process and replace it with electronic invoicing and automation.