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Categories Accounts AutomationInfographic: 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 […]
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Categories Accounts AutomationBuild 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 […]
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Categories Accounts AutomationMaking Accounts Payable bearable
When people hear the concept, “Accounts Payable Automation” they take it either one of two ways: they understand its depth and complexity completely, or the phrase vaguely references “that expensive thing the big companies just started doing” or “that option for businesses without a proven accounts payable process already nailed down”. True, the latter group […]
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Categories Accounts AutomationGet paid faster with Invoice Automation
Getting paid on invoices – quickly and reliably – is vital to every business’s survival. Organisations are doing what they can to keep working capital longer – including stretching out invoice payment terms as long as possible – a known and continuing trend. However, invoice automation can enable companies to ensure that the notion of […]
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Categories Accounts Automation4 ways to turn your Accounts Process into profit
No one likes to be rummaging around for spare change, but we’ve all been there. Another 30p for an extra caramel shot in your latte? Unfortunately for CFOs, there’s no sofa or desk drawer big enough to squeeze out that kind of extra spend if tasked with finding it. While sending off direct reports with […]