by admin | Dec 30, 2020 | Accounts Payable
How many days does it take to process an invoice? Have you missed early payment discounts? How much does it cost to process an invoice? If you are unsure of any of these these questions, your AP process might need a new solution. If start to work on the solution now,...
by admin | Dec 30, 2020 | Accounts Payable
As businesses move to the new digital era, all segments of a businesses will change and can be difficult for owners and employees. The benefits of moving to a digital workplace is critically important in the world we now live in. Despite all the new tools and...
by admin | Dec 30, 2020 | Accounts Payable
Invoice processing is a crucial process for the accounts payable department and paying your vendors accurately and timely is a must. Even a small error can have a huge impact on your business’s reputation. It also may hinder the way that customers look at your...
by admin | Dec 30, 2020 | Accounts Payable
Costs Did you know that AP departments can spend up to $20 to process 1 invoice? If you are only processing 50 invoices per day, you would be spending $365,000 per year to process invoices. By outsourcing your AP process, you can cut that cost by 40% to 60% yearly....
by admin | Dec 30, 2020 | Accounts Payable
Do you know how much money that you could save by outsourcing your AP processes? Manually processing invoices is a labor-intensive process which uses many processing hours throughout multiple departments within companies. This manual process not only creates high...
