Tag: AP Automation
5 Steps to a Payment Strategy That Will Make Your Business More Competitive
For a business to achieve truly sustainable success, every single aspect of the organization has to function as effectively as possible. You can offer the best products and services in your industry and have a...
Accounts Payable Best Practices You Need to Adopt in 2019
You don’t want to start the year with the same AP problems you had this year. Here are the accounts payable best practices you need to adopt in 2019...
The Benefits of AP Automation Quantified
Most people are aware of the many benefits of AP automation — converting accounts payable processes from manual to electronic – but they might be hard pressed to quantify them. At first glance, automating your...
5 Steps to Creating an AP Automation Project Plan
Transforming your AP from a manual process to an electronic one saves time, money and provides unprecedented visibility into cash flow. In fact, it’s been proven over and over that AP automation is worth the...
AP Automation In Action: 4 Tales of AP Transformation
It takes little effort to find a plethora of third-party resources that tout the cost-savings and increased efficiency that accounts payable automation (AP automation)can generate. In fact, a 2018 Ardent Partners report discussing the current...
Why Accounts Payable Automation is Worth the Investment
The term accounts payable automation,or AP automation, describes the process of streamlining the business processes and workflow of AP departments through technology advancements. Undergoing the transformation from manual to automated AP processes may seem like...
B2B Electronic Payment Adoption & Fintech’s Evolving Role: NACHA and Bottomline Technologies Sound Off
Despite offering innumerable benefits, electronic payment adoption continues to face challenges as organizations cling steadfastly to their tried and true paper-based processes. Fintechs have worked and continue to work hard to change that, however. To...
Request for Payment and the Need to Balance Speed & Security: NACHA and Bottomline Technologies Sound Off
As you consider the proliferation of new payment options flooding the industry, such as request for payment, it’s easy to be overwhelmed by the choices and confused by what it all means to you and...
Getting More Out of Accounts Payable: Lessons for Treasurers
As discussed in the previous post and throughout the series, as the function of accounts payable evolves, Treasury is positioned as an ideal partner to help transform it into a profit center. Here are the...
The Importance of Measurement and the Treasurer’s Stake in AP
As discussed in a previous post, AP is often viewed as a cost center and Treasury, in conjunction with AP, is key to establishing the link between corporate goals and AP’s role. But what are...