Following our series on trends in accounts payable, Payables Place is going to take a look at predictions for the future of the AP function. Today’s installment, the first of…
For much of its history, the accounts payable (AP) function has processed invoices through a high-touch, mostly manual workflow. This has shifted in recent years with the rise of electronic…
Enterprises that wish to automate some or all of the accounts payable process face something of an uphill battle when beginning from a manual, paper-based state. Many suppliers are reluctant…
By and large, one of the biggest problems for the modern enterprise is managing expenses. Enterprises that manage expenses well find cost savings and return money to the organization’s coffers.…
Efficiency and cost savings are two of the strongest concepts in the modern business world. This is also where technology helps the most—the more processes that are automated, the more…
While the conditions outside in the Northeast may still represent the throes of winter, it’s never too late to look forward to the sunnier (and warmer!) days of spring. CPO…
Business executives are often faced with a variety of challenges in their daily roles, including growing revenues, improving internal operations, and driving intelligence into the inner-workings of their enterprises. On…
In the first half of this two-part article, we discussed how the vast majority of invoices are still paper-based. This is a significant problem for the average enterprise, and not only…
Editor's note: Today is the first half of a two-part article examining the value of scan-and-capture invoicing. Today, we'll detail the basics of scan and capture. The vast majority of…
Though automating the accounts payable (AP) process most directly benefits the AP team itself—such as eliminating manual activities and allowing for more strategic actions—it’s a mistake to imagine that accounts…