Welcome back to your office (maybe!)! As stay at home orders loosen and states move to later phases of their COVID-19 plans, it’s time to take stock of processing accounts payable lessons learned from COVID-19. Based on conversations with our …
What are the Invoice Processing Steps?
We’ll go through the typical steps of invoice processing and then show you ways to improve the process. Introduction: What is Invoice Processing? Step 1: You Receive an Invoice from a Vendor Step 2: A Copy of Vendor Invoice is …
A/P One: AP Automation for Small to Mid-Market Businesses
AP automation software isn’t just for big corporations anymore. Now there’s A/P One accounts payable software for small to mid-market organizations. In fact, any sized business that processes more than 250 invoices per month can save time and money with …
Invoice Imaging – Cheap and Easy Data Capture
Capturing invoice data and invoice imaging are tedious tasks. No one actually enjoys spending hours a day entering invoice data into an accounting, ERP system, or even an AP automation solution. And manual invoice data capture is incredibly prone to …
AP Automation Makes 3 Way Match or 2 Way Match Simple
3 way match is best practice when it comes to accounts payable. But 2 way match in accounts payable is ‘good enough’ for many accounting departments. What are 3 way match and 2 way match in accounts payable? Why do …
What is the Difference Between a PO and Non PO Invoice?
When automating accounts payable it is critical to understand the difference between a PO and non PO invoice. Purchase orders (POs) and invoices are commonly confused in finance terms. This is because both communicate payment terms and payment amount. So …
What to Look for in Accounts Payable Automation Software
Finding the best accounts payable automation software for your company or organization can be a challenge. AP automation that misses a single decimal point on an invoice can result in an underpayment or overpayment of thousands of dollars. So you …
What is Accounts Payable Automation (AP Automation)
AP Automation (Accounts Payable Automation) is a solution used by accounting teams to digitize and streamline the processing of purchase orders and invoices. It is also know as procure to pay automation. Our AP Automation software uses advanced optical character …
Accounts Payable Internal Control Checklist
An accounts payable internal control checklist allows you, as the CFO or controller of your organization, to achieve the goal of strong internal controls. Accounts payable is one of the most vulnerable areas for fraud for any business. And errors …
AP Automation Best Practices for 2021
Accounts payable automation has been around for over 20 years, but what are the AP automation best practices for 2021? At CoreIntegrator we have over 20 years of experience in AP automation. So we have a broad perspective on AP …