Get in control of your Accounts Payable
One of the key statistics to come out of an APN survey of Accounts Payable in 2015 was that 40% of those working in that department did not check their metrics regularly. A lack of visibility and control within the AP process was high on the agenda and came in as one of the top […]
Infographic: Overcoming Key Challenges in Accounts Payable
Finance professionals face a number of challenges in Accounts Payable which are only set to rise if they aren’t addressed soon. In a recent survey, 15% of respondents said that their invoices cost as much as £15 to process and more than 40% didn’t know the true cost at all. The following Infographic outlines how […]
Build trust and relationships with swift payments
The process of making payments on time and in line with service level agreements is a high priority in Accounts Payable. However, all too often, it can be seen as a major issue – with many organisations claiming making swift payments is one of the top three challenges facing the industry. Late payment penalties can […]