Steps to take to for improving AP Invoice Processing

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,...

Benefits of Outsourcing AP Invoice Processing

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...

Outsourcing AP Processing Services

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...

What to do with all this paper?

Many of us AP professionals are swimming in a sea of paper with invoices coming from vendors directly and invoices being routed to us from approvers.  These invoices coming from the approvers are the ones that we in Accounts Payable are always blamed for losing even...

Mergers & Acquisitions: Dollars and Sense

In Acquisitions, Companies Aren’t the Only Things Being Merged That’s right – when one company acquires another, they’re getting a lot more than additional locations and customers. Financials, business documentation, human-resources related information, and more – all...

Top Accounts Payable Best Practices

Ten years ago there were only a few best practices when it came to automating the accounts payable process. The one that was widely adapted was scan to archive (also known as backend or late scanning) which occurred at the end of the accounts payable process to get...

WHY SHOULD YOU CHOOSE OUTSOURCE A/P PROCESSING?

Many businesses find themselves processing their own Accounts Payables. Resources and expenses are being spent on AP Processing tasks that have an indirect relation to the company’s products or services which may be undesirable by businesses. Outsourcing your A/P...