Accounts Payable Automation Security

AP Automation helps prevent the growing finance fraud problem

Mikko Hytönen

May 2020 — Fraud is a growing concern for businesses around the world. According to the 2020 AFP Payments Fraud & Control Survey, 81 percent of businesses indicated that they experienced payments fraud in 2019. Accounts Payable (AP) is particularly vulnerable to fraud because it’s where invoices are approved...

Accounts Payable Automation Remote work

Optimizing AP operations for COVID-19 and beyond

Mikko Hytönen

April 2020 — In response to the COVID-19 pandemic, AP departments are now facing an unprecedented challenge – how to transition their activities to working remotely. This is all the more difficult given that a large majority of invoice processing activities are conducted in-house, and most Dynamics 365 for...

How Machine Learning is Transforming Accounts Payable

Mikko Hytönen

April 2020 — The benefits that AP automation brings to organizations are well known – increased visibility, control and efficiencies; reduced costs, errors and processing times; and better use of staff time, among other things. But, when you add in the capabilities of machine learning on top of that – it takes...

Accounts Payable Automation

Helping to Stop Fraud in its Tracks

Mikko Hytönen

March 2020 — Recently, Barbara Corcoran, a TV celebrity on Shark Tank known for her business acumen, fell prey to an email phishing/fraudulent invoice scheme that initially cost the company $380,000 (She ended up getting the money back). This highlights how fraud “could happen to anyone,” and unfortunately it...

What’s Your AP Resolution for 2020?

Mikko Hytönen

January 2020 — The end of one year and the beginning of another is always a good time to reflect on the past and plan for the future. What needs improvement? What could we be doing differently?

Accounts Payable Automation Trends

2020 Predictions for Accounts Payable: Focus on AP Digitalization

Mikko Hytönen

December 2019 — It’s hard to believe that we’re ready to wrap up 2019.  It’s been a great year for Dooap – among other accomplishments, we moved our office to Austin, Texas and expanded our team of professionals.

Accounts Payable Automation Artificial Intelligence

Using AI requires a digital process; don’t let your competitors beat you here

Mikko Hytönen

November 2019 — What is digital? How much do you think about this basic question? When you stop and think about it, the term “digital,” in its most basic form, means zeros and ones. 0 and 1. But why should you care at all?

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