February 2024 — Has your company already implemented a modern AP automation solution? If not, you are missing out on significant value you can build on top of the information you’re collecting from the vendor invoices. AP automation is not only about process automation but also data access that could be a gold...
August 2021 — Recently, one of our partners experienced email problems right after its Internet services provider (ISP) migrated its services to a new platform. When our partner contacted customer service the rep declined to help, insisting that it was not their problem, but rather an issue for the email...
March 2021 — The days of old-school number-crunching are over. In my own experience, I’ve seen firsthand how much clout and mystery there previously was around the role of CFOs and their supporting finance teams. The team was always sitting behind closed doors making sure no one could approach them and even if...
March 2021 — Positive cash flow is the lifeblood of any organization. While I don’t think anyone questions that fact, are you really able to explain how it works in your organization? And no, I’m not talking about the cash flow statement, but rather the real business process behind the numbers. What are the...
February 2021 — Every now and then, I like to take a step back and see things from a totally different perspective. We operate an AP automation business, making manual and paper-based processes digital. The real question we need to ask ourselves is “do we need invoices at all?”
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...
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...
June 2022 — *UPDATED June 2022* In 2021 Microsoft made a set of invoice automation capabilities in its standard Dynamics 365 Finance product. These new features...
November 2021 — Machine learning is a powerful type of artificial intelligence (AI) that relies on algorithms and patterns in data to optimize and improve outcomes.
October 2020 — Your organization's accounts payable department is a manifestation of your financial dexterity. When AP flows like water, your procure-to-pay stands...
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