Tag Archive: accounts payable process management

Automating accounts payable: the real advantages

19 / 4 / 2017 BY

The automation of the accounts payable process is far from being the norm in small and medium businesses. The accounts payable department is still often considered as a necessary expense that does not justify the purchase, installation and maintenance costs of software and automation equipment for invoice management. So why are companies still so reluctant to buy software that automates the accounts payable process? The answer is a series of myths and misconceptions about accounts payable automation that prevents companies from moving forward in adopting these new practices.> Read More

Automate your payment approvals

27 / 10 / 2016 BY

Did you know that accounts payable departments generally take up to 16 days to process an invoice? Yet some suppliers may stop doing business with you if they constantly have to run after your payments. That could be critical if you depend on those suppliers for your production. Here are some quick gains for a more ideal situation. > Read More

Automate validation of your documents

29 / 9 / 2016 BY

A typical employee of the Accounts Payable Department manages about 20 invoices per day and each costs $17 to process (according to Aberdeen). In one month, the costs can rise to $10,000! Here are some examples of quick gains for your company.> Read More

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