Accounts Payable Automation (8)

February 2021 — Federal Reserve Bank’s Business Payments Coalition Achieved a Significant Step in Furthering E-Invoicing Standardization It doesn’t make sense to manually send and receive invoices in today’s fast-paced business environment, and recent events have exposed just how inefficient this process really...

January 2021 — In our previous issue of Dooap tales, we shared how Dooap’s machine learning enables overall AP process improvement and time-savings for organizations. With Dooap’s machine learning, the system learns how your organization codes invoices, then intelligently routes invoices based on keywords,...

January 2021 — Salty water doesn’t boil faster. Dogs don’t sweat by salivating. And the Great Wall of China isn’t visible from space. There are lots of things that many people have always believed, that are in reality, false. For the most part, these types of myths or urban legends are harmless. Like believing...

January 2021 — The stakes have never been higher for automating the accounts payable process. The operational disruption caused by the shift to work from home, combined with the mounting pressure to provide senior management with visibility into cashflow and spending, has become the impetus and in some instances...

January 2021 — As a process consultant at Efima, Jesse Ahokas helps companies streamline their financial processes. In the following blog, Jesse shares his insights into the purchase-to-pay process and tips on how companies can gain greater efficiencies.

January 2021 — Let’s face it. 2020 was a totally unexpected and challenging year, to say the least. As we head into 2021, it’s a time to not only evaluate how we’ve faired but also to reassess what we’ve been doing and where we should be heading from here.

December 2020 — On Christmas Eve, George Bailey looked around wistfully as shut off the light in the AP department and headed out for the night. He was proud of the team’s work and the efficiencies they achieved together, yet he couldn’t help thinking about other career choices he could have made. He wondered if...