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Featured Blog - 30 Jan 2023

How to Prepare your Accounts Payable Department for an Audit

In this blog, we’ll explore how to prepare your accounts payable department for the rigor of an audit and simplify your audit approach with accounts payable automation.

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23 Jan 2023

6 Ways AP Automation Can Reduce Costs

Finance leaders need capital efficiency to weather any storm and continue to grow. According to a PYMNTs survey, more than 95% of CFOs favor AP automation for helping to maintain a healthy balance sheet – and it’s easy to see why.

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16 Dec 2022

How to Solve Compliance and Control issues in the Retail Apparel Industry

Retail has experienced seismic industry shifts while weathering the pandemic. Not only are customers demanding greater responsiveness, personalization, and flexibility, but retailers face persistent challenges in managing supply chains and retaining talent.

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06 Dec 2022

Top 5 Accounts Payable Trends for 2023

2023 presents ripe opportunities for accounts payable teams to be proactive about adapting to changing conditions. Here are the top accounts payable trends in 2023 and ways to address them.

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01 Nov 2022

AP Automation – Your Key to Reducing Fraud

Gartner suggests that the solution to reducing fraud in the AP process requires going behind the “baseline level of internal controls” to minimize the risk of abuse using three pillars.

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25 Oct 2022

1099 Filing Deadline – Best Practices For Accounts Payable Teams

Issuing 1099s is a crucial part of US tax reporting requirements, so here are the top considerations your accounts payable team needs to understand about 1099 reporting requirements.

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26 Sep 2022

The Rise of Surcharges and How AP Departments Can Manage Them

Invoices are now more likely to have additional charges ranging from freight surcharges to “COVID” charges to environmental fees. In this post, we will discuss the rise of surcharges and how you can manage them.

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26 Aug 2022

Leveraging AP Automation to Succeed in Times of Uncertainty

Economists caution that the US and Europe are facing increasing risks of sliding into recession. More than ever, now is the time to fast-track AP automation to accelerate gains in productivity and cost savings.

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19 Aug 2022

Creating a Business Case for Accounts Payable Automation

It will come as no surprise to hear that manual accounts payable processes can be both costly and inefficient. Making a case for accounts payable automation can help organizations break free from manual processes that drag down productivity.

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12 Aug 2022

The Biggest Challenges with Manual Accounts Payable Processes and How to Overcome Them

Having a strong AP process requires constant innovation and continuous improvement to address evolving accounts payable problems.

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04 Aug 2022

The Three Pillars of Procurement Transformation

Procurement teams are looking to ensure that their people, processes, and technologies are best placed to deliver on critical procurement trends that will define 2022 and beyond, and not fall behind what is considered best practice within the industry.

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29 Jul 2022

Detecting and Preventing Invoice Fraud in your Organization

All organizations, regardless of size are susceptible to invoice fraud. Significant increases in the number of people working remotely has lead to reduced visibility and control over AP processes and subsequent increases in fraudulent activity.

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22 Jul 2022

Cash Flow Management: How Your Procure-to-Pay Process Can Help

Cash flow management should be treated as a major priority by organizations of all sizes, given how accurate an indicator it can be of a business’ long-term financial health.

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