Electronic payment processes make some people nervous. They shouldn’t. But we live in an era of email accounts being hacked, online health records being leaked, and other digital concerns. So, many business leaders find themselves nervous about switching to an …
Choosing the Best Form of Electronic Payment Automation for Your Company
In today’s digital world your company can choose from a variety of electronic payment automation platforms and election payment services. Let’s examine how electronic payments can not only save money and improve efficiency, but how they can add to your …
7 Reasons to Move to Electronic Payment Automation
According to The Accounts Payable Network, the benchmark of cost of cutting a paper check for the average company is $5.14 per check. That makes cutting paper checks more expensive and far less efficient than making electronic payments no matter …
Full End-to-End Procure to Pay Automation
When you seek to modernize and digitize your AP department be sure to look for full end-to-end procure to pay automation. Many software companies advertise themselves as procure to pay process automation, but most of those solutions focus on only …
How Virtual Card Payments Automate AP and Improve Your Bottom Line
It’s not often that the Accounts Payable department gets to be a profit center, but virtual card payments not only automate the payment process, they can improve your company’s bottom line! In today’s digital world, the use of paper checks …
The Newark Housing Authority Selects CoreIntegrator Enterprise with ancora Software to Automate Accounts Payable
The Newark Housing Authority wanted to find a solution that would help them automate a paper driven process, help minimize and eliminate human touch points and provide a way for their employees to easily process invoices from home during the …
Introducing CoreIntegrator Payment Automation via OnPay Solutions
CoreIntegrator has partnered with OnPay Solutions to deliver Cloud-Based Payment Automation to its existing and future clients. With the addition of OnPay Solutions’ OnPayConnect AP payment automation product to CoreIntegrator’s solution set, CoreIntegrator will now be able to deliver an …
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 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 …
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 …