Blog
Internal Control for 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.
AP Automation Testing
A risk-reward calculus is at the heart of most companies’ decision-making when it comes to AP Automation Testing. When a company aspires to the gold standard of DevOps (software development and IT operations combined), they have a critical decision to make about how much automation should be implemented into their testing. We’ll discuss the factors that must be considered first.
P2P: What It Is and How To Use It – Part 3
In the final part of our series on procure to pay, we give you some actionable tips to achieve success that can be replicated by any dedicated AP leader.
P2P: What It Is and How To Use It – Part 2
In part two of our three-part series on procure to pay, we discuss choosing a program, training and KPIs.
P2P: What It Is and How To Use It – Part 1
What if you had software that took care of cataloging, updating inventory, confirming orders, issuing POs, issuing invoices, and processing payment? Let’s talk about P2P.
Accounts Payable: Don’t Give Up on Paper Checks Just Yet
Your reliance on checks ultimately depends on the needs of your business. Let’s take a closer look at which parts of checking are worth riding out and which parts are worth avoiding.
Accounts Payable – Electronic Invoicing
Compared to your competitors, paper invoicing makes you slower, less efficient, and more prone to errors. Switching to electronic invoicing seems like a no-brainer, but let’s look at the list of benefits in case you’re still unsure.
Account Payable Automation – Not Going Digital? Rethink That One.
Simply put, businesses that go digital survive. Businesses that don’t will die. With many digital routes available, here are a few that can work for you.
Curbing Employee Turnover
Companies need diverse groups of employees to work cohesively in order to make the business succeed. One of the best ways to grow this cohesion is by reducing employee turnover. Let’s take a look at some of the ways you can keep your employees productive and willing to work for you each year.