Trends

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...

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?”

February 2021 — Just software or something more? Why you should demand more from a cloud software provider than just software.

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 — 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...

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...

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.