| Time to read: 5 minutes

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 …

Matt Wald
Matt Wald
| Time to read: 5 minutes

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 …

Jon Schreyers
Jon Schreyers
| Time to read: 2 minutes

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 …

Matt Wald
Matt Wald
six-reasons-to-automate-workflow
| Time to read: 4 minutes

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 …

Matt Wald
Matt Wald
best-accounting-software-integrations
| Time to read: 7 minutes

6 of the best accounting software integrations for AP automation

As a senior finance leader, you already know what integrations can do for your business. Applying automation to the expense reporting process, for example, can reduce processing costs by 58%. Plus, many accounting departments find their communication and relationships with …

Jon Schreyers
Jon Schreyers
accounts-payable-balance-sheet-feature
| Time to read: 3 minutes

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 …

Matt Wald
Matt Wald
AI Purchase Order Feature
| Time to read: 3 minutes

Purchase Order System – How AI Can Automate Yours

In today’s fast-paced business world, companies need to be efficient and cost-effective in their operations. One important aspect of running a business is the procurement process or purchase order system, which involves ordering and receiving goods and services. This process …

Matt Wald
Matt Wald
PO and Non PO Invoice
| Time to read: 8 minutes

PO v Non PO Invoice: Advantages and Automation

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 …

Matt Wald
Matt Wald