Accounts Payable

A woman sits at her dining room table with laptop and financial reports doing her monthly budget. She is smiling at the ease of use as she works on her smart phone banking app to do monthly finances, pay taxes and save money for the future.
Challenges in the AP Process
AP Automation | Accounts Payable

The accounts payable section of our business is typically strenuous on our eyes and minds. After a few hours, numbers begin to switch places, things go missing, and we feel like we are losing our minds. A perfect example of why transposition in the most common accounting error. A switch between two digits can cause hours of confusion and miscommunication. Today we’ll be going over the most common mistakes made in accounts payable.

April 21, 2021 Read more
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Beyond ACH
Accounts Payable

Checks and related Automated Clearing House (ACH) payments shouldn’t be left behind when it comes to taking care of your vendors. But cost matters when we process payments. In this blog we discuss some potentially cheaper ways to pay your vendors/suppliers besides checks and ACH.

February 6, 2021 Read more
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Internal Control for Accounts Payable
Accounts Payable

Employees and outsiders may be taking advantage of your weak internal control system for your accounts payable to siphon extra money off the top. We’ll explain the downsides of a weak internal control, how to identify these problems, and how to make your internal control system even more effective.

January 25, 2021 Read more
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