Below you'll find a list of all posts that have been categorized as “Payment Automation”
Automated invoice processing will save your organization time and money. This guide explains what invoice automation is and what it does. Then it provides all the information you need to know to get world class invoice automation for your organization. …
How much does AP automation cost? That’s a great question. But every company and organization is unique, so the (somewhat frustrating) answer is: it depends. The best way to get a precise estimate of the cost is to request a …
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 …
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 …
Theresa Rago is the Finance Systems Manager at Starr Companies. Her AP department was processing the same client invoices again and again in the most repetitive and manual way. It was painful and a total waste of time. Without setting …
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 …
Your accounts payable department is one of the most important back office teams. These teams make sure that only legitimate bills and invoices get paid accurately and on time. But what does an optimized accounts payable department look like? And …
Electronic payment processes make some people nervous. They shouldn’t. But we live in an era when email accounts get hacked. People leak online health records. There are a lot of digital concerns. So, many business leaders find themselves nervous about …
An AP cost savings calculator is a tool that will help you determine how much your company or organization can save by implementing procure to pay (P2P) automation. But more importantly than that, it will help you calculate the ROI …
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 …
