Category: Accounts Payable

AP Automation: The Gift of More Productive Time

In an ideal world, your business would be fully automated. There would be no inefficiencies, few manual tasks, and certainly no financial risk. And it would cost next to nothing to maintain. Unfortunately, it is not a perfect world, and many companies feel the pain with all the labor that must be performed. Consider how… Read More »

Accounts Payable Operations – How Do Yours Measure Up?

Are the Accounts Payable Operations measuring their performance?  If not, how can progress toward goals be measured? How can issues be identified before getting calls from Vendors?  Or worse, Management and Customers? Key Performance Indicators (KPIs) for Accounts Payable can cover everything from the productivity of each AP team member to whether invoices are paid… Read More »

Accounts Payable Operations – AP Automation Implementation – Change Management

Senior management has agreed the company should implement an Accounts Payable Automation/Workflow system.  The key stakeholders have selected a project team and they are considering the products and providers available.  Excitement is in the air.  Automating the processes will save the Accounts Payable team a great deal of effort, will improve compliance to company business… Read More »