Global supply chain disruptions are spreading, and no one knows what to do about it… Global supply chain issues are hurting business across the globe. The term “global supply chain disruption” has been cited frequently as one of the dire …
How Much Does AP Automation Cost?
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 …
What are Early Pay Discounts…And How Can You Get Them?
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 …
Accounts Payable Department – Optimization Tips and Tools
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 …
The Newark Housing Authority Automates Accounts Payable with CoreIntegrator Enterprise and ancora
The Newark Housing Authority looked for a solution that would automate their accounts payable from a paper driven process. Their priority was to minimize or eliminate human touch points. And provide a way for their employees to easily process invoices …
Travel and Expense Management Software Makes Everyone Happier
Travel and expense management software (aka travel and expense automation) allows busy executives to complete travel and expense reports on any device with minimal effort. Corporate travel and entertainment (T&E) is the second-largest controllable expense for companies (after payroll and benefits). …
Why Every Manager Loves Invoice Approval Software
Invoice approval management software (aka ‘invoice approval automation’ or ‘accounts payable approval software’) transforms the annoyingly arduous chore of manual invoice approval into a quick and easy task. AP staff like invoice approval because it makes their job easier. But …
Why Use an AP Automation Cost Savings Calculator?
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 …
What is Accounts Payable?
Accounts payable (AP) is an accounting term that means: “The money you owe for goods or services you have purchased but not yet paid for”. This also refers to the process, department or people responsible for paying invoices for goods …
What is GL Coding and How to Automate It
GL coding is the application of general ledger code (GL Code), a string of alphanumeric characters assigned to each financial entry in an organization’s general ledger. These codes indicate basic information such as a debit or credit by location, or …