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Expert insight for financial professionals
Expert insight for financial professionals
Artificial Intelligence (AI) is no longer a luxury—it’s a minimum requirement for businesses that want to stay ahead. Relying on manual Accounts Payable (AP) processes isn’t just inefficient; it’s a costly disadvantage.
Read moreWorking Capital management is particularly important since it is an accurate barometer for assessing the long-term financial health of a business and ensures that adequate cash flow is always maintained to meet its short-term commitments.
Read moreManual AP processes brought about many challenges long before remote working was the norm and they will continue to cause problems even after staff have returned to the office. Take the opportunity now to transform your AP process for the long-term.
Read moreAs organizations continue to look for ways to reduce costs and improve efficiencies, one particular technology that is growing in popularity is that of Robotic Process Automation (RPA).
Read moreIn this blog we look at some steps businesses can take to manage and support a decentralized finance team.
Read moreDecember is typically a season full of festive celebrations, holiday lights, and good cheer. Yet before kicking off the new year, accounting departments face the grueling task of closing the books for the year.
Read moreBy now, most businesses have successfully prioritized the digitization of client-facing and revenue-generating technologies. The next phase of growth comes from internal automation of functions that promotes cost saving and strategic planning.
Read moreYou might be using an ERP to manage your various financial processes today, but is it giving you everything you want or need?
Read moreThe challenges experienced by accounts payable teams, as a result of the Covid-19 pandemic, has led to a surge in the number of organizations implementing AP automation. However, before you implement an AP solution, there are a number of steps to consider.
Read moreDespite the challenges that manual AP processes create for businesses, some choose not to automate their AP processes, often due to apprehension and some misconceptions. We explain how to make the initial step into AP, without fully automating straight away.
Read moreThe European Banking Authority (EBA) published its outsourcing guidelines in February 2019. The transitional period for implementing these guidelines expires on 31st December 2021, leaving approximately six months for organizations to comply with regulations.
Read moreIn order to assist in tackling the challenges during the year ahead, we have outlined 5 key areas that all AP teams and Senior Finance professionals should be aware of throughout 2021.
Read moreWith AP responsible for processing invoices, ensuring payments are made on time and managing vendor relationships, the department has a direct impact on an organization’s ability to reduce costs and ensure compliance obligations are met.
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