An early payment discount – sometimes called prompt payment discount or a cash discount – is when a vendor offers a discount to a customer if the invoice is paid before the due date. The terms of early payment discounts …
How to Keep Your Business Safe From Invoice Fraud
If you are in charge of accounts payable then it’s your responsibility to keep your business safe from invoice fraud. Recently Facebook and Google were tricked out of $123 million in invoice frauds. But whether your business is massive or …
Is Your AP Department Prepared for Future Disasters?
Your company needs to have an accounts payable department disaster recovery plan. One of the biggest lessons that 2020 taught every business professional is the critical importance of disaster recovery and business continuity plans. Those who do not learn the …
How Much Time and Money Does Invoice Automation and Tracking Save?
When it comes to invoice processing, implementing an AP automation solution will allow your company to Work Smarter, Not Harder. Processing a SINGLE invoice manually can cost a company anywhere from $14 to $20 in hard and soft costs. Implementing …
Processing Accounts Payable Lessons From COVID-19
Welcome back to your office (hopefully!)! 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 …
How to Manage Accounts Payable Effectively
The Accounts Payable (AP) department is fundamental to a business’s operational efficiency and financial success – but how to manage accounts payable effectively? This question becomes significantly more important for companies or organizations that process more than 250 AP invoices …
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 …
Managing AP Automation Software Implementations Remotely
Wondering if it’s possible to manage an AP automation software implementation remotely? The answer is yes! Organizations and companies that underwent a digital transformation including AP workflow automation have the ability to process AP invoices remotely when their employees are …
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 …
CoreIntegrator Verified AP Data Capture Service
AP Invoice Automation Data Capture That is More Accurate and Cheaper than OCR Software If you are seeking AP invoice automation data capture that is more accurate AND cheaper than optical character recognition (OCR) data capture software and hardware, you …