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 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. AP Automation software uses advanced optical character recognition (OCR) technologies integrated with robotic process automation (RPA) software …
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 …
How Procurement Automation Streamlines Purchasing
Procurement automation is a critical element to full end to end procure to pay automation. Streamlining the purchasing process by implementing automated procurement will save your organization time and money by making your purchasing team more efficient, data driven, and …
AP Automation For Microsoft Dynamics 365 Business Central
Are you looking for AP automation for Microsoft Dynamics 365 Business Central? We’ve got you covered. Microsoft Dynamics 365 Business Central Microsoft Dynamics 365 Business Central (D365BC or just BC for short) is an enterprise resource planning (ERP) system from …
Overcoming Barriers to the Move to Electronic Payments
It’s time for your business to move to electronic payments. Consider this – there are many financial professionals today who’ve never used a paper check in their lives. Every purchase they make, from cars to groceries, are handled electronically and …
Move Beyond Paper Checks With Automated Electronic Payments
Let’s face it – paper is a thing of the past. Compared to automated electronic payments, paper simply cannot compete. Paper payments are more time consuming, take up space, and invite the dangers of inaccuracy, loss and fraud. Who wants …