cost-of-procurement-feature

Cost of procurement with vs without software

Search the internet high and low for the cost of procurement with vs without software and you’ll struggle to find actual figures. No one wants to put a number out there because, of course, procurement cost depends on so many …

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Procure to pay SAP: 3 alternatives

Have you been considering SAP Ariba to transform your procure-to-pay process?  Or maybe you already use Ariba, and it’s not quite doing what you want. True, procure to pay SAP solutions are great when you need something cloud-based, without the …

Accounts Payable Balance Sheet

Paperless Accounts Payable

If you’re like everybody else, then you’re constantly looking at ways to improve your business processes with things like paperless accounts payable. And if that’s you, then you’ve come to the right place.   For nearly 25 years we’ve been …

six-reasons-to-automate-workflow

Six Reasons to Implement Workflow Automation Software

Workflow automation through workflow software is technology that can transform the way businesses operate. Today, artificial intelligence (AI) and robotic process automation (RPA) are allowing businesses to automate just about any manual workflow. By eliminating manual processes and replacing them …

accounts-payable-balance-sheet-feature

Accounts Payable Balance Sheet: An Overview

What is Accounts Payable? Accounts payable refers to the amount of money a company owes to its suppliers or vendors for goods or services purchased on credit. Accounts payable is a liability on a company’s balance sheet, representing its short-term …

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How to automate 2 or 3 way matching for accounts payable

3 way matching for accounts payable is the obvious ‘best practice’ move for large enterprises. But without the same resources, 2 way match during invoice processing is the better option for many accounting departments.  Fortunately, both are ‘good enough’ for …