Best practices (4)

September 2020 — In today's digitally-charged financial ecosystem, AP is often left in the digital dust. A massive 70% of invoices are still processed on paper, and AP departments around the globe (big and small) still struggle with archaic, manual processes that directly contradict digital innovations elsewhere in...

September 2020 — In our recent blog Making the Business Case for AP Automation we presented a company-wide business case for AP automation. Once you’ve made the business decision to automate your AP operations to gain visibility, efficiencies and cost savings, how do you get IT on board with your decision?

August 2020 — COVID-19 has accelerated the push to digitize AP. Not only does automation provide increased visibility, control and cost savings, but it has become a business imperative in the midst of a quarantine and remote work requirements, helping to ensure that operations can continue uninterrupted,...

June 2020 — Despite automation rallying calls from Gartner, Forrester, IDC, and almost every major business analyst company, the majority of companies have yet to bridge automation and accounts payable. As businesses continue to seek sound investments and bounce-back opportunities for the post-crisis financial...

May 2020 — Month-end closes are critical to an organization’s financial health and performance. The ability to accurately and consistently know your financial status – including expected costs, cash flow and outstanding liabilities – will determine your profit/loss and inform key business decisions. Accounts...

May 2020 — The accounts payable world is changing. In the wake of digital transformation, AP departments are blending AI, big data, and cloud computing to disrupt traditional workflows and expedite approvals across the an organization. To put it lightly: we're in a transition period. Small departments that...

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...