invoice technology

7 Benefits of Invoice Technology

Today there are many aspects of invoice technology that can improve the invoice process for organizations. The first invoice may be over 20,000 years old and etched into bone, and thankfully we have come a long way since then. However with major advances in accounting technology, printed paper of a PDF invoice is now considered antiquated as well. Here are some areas invoice technology can impact your organization.
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Invoice approval

How to Streamline Your Invoice Approval Process

There are many ways to improve your accounts payable and invoice approval, which are often overlooked. Invoice approval is still a manual process for many organizations, and this can lead to various issues including delays in processing, excessive manual labour, and even invoice fraud even invoice fraud.

Here are few areas where an AP software solution can help with invoice approval.

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Digital Transformation and the Invoice

Digital Transformation and The Invoice

This blog with look at digital transformation and the invoice. Digital transformation is of high importance for organizations. A recent study found that 89% of organizations have plans to adopt digital-first business, however only 44% have fully adopted that approach. Compounding this is the fact that the finance department is one often on of the laggards with digital transformation. There are organizations that are championing digital transformation and finance like FEI. One of the areas that may be ripe for your organization is digital transformation and the invoice.
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