Having a functional, efficient accounts payable department is critical to your business, and there are ways in which you can improve the accounts payable approval process to make your business more efficient and profitable.
Continue reading Keys to Improving Your Accounts Payable Approval Process
If you are still using paper invoices, you are likely experiencing the limitations that come along with it, so it could be time to make the switch to e-invoicing and experience the ease and automation it can bring to your team.
Continue reading Six Signs That It Is Time to Switch to E-Invoicing
The impact of late payment to suppliers can be significant for your organization. Most of the time it is not that your organization plans to pay late it is just that you can’t process your suppliers’ invoices fast enough. The root cause is often manual processes that lead to invoices being added manually to your financial systems. If you have paper and manual entry you should be looking for opportunities to scale accounts payable. Here are some of the examples of the impact of late payment to suppliers.
Continue reading The Impact of Late Payment to Suppliers