Tagged: Accounts payable

Back Office Solutions

Accounts Payable owns key financial data, but is it accurate?

Many businesses utilize the accrual basis of accounting rather than cash accounting, and for good reason. It’s considered a best practice, providing a

Digital Transformation

Beyond paperless: Moving toward a more strategic workforce

Digital technology has transformed the way we do business, and its presence is especially apparent in front office and customer-facing transactions. But all too often, the back office is neglected when it comes to paperless initiatives, and organizations are leaving money on the table in the form of time- and labor-intensive processes.

Back Office Solutions

Managing the invoice tug-of-war: AP versus AR

In this case, strength isn’t about muscles. Rather, it’s information that is the source of power. And in the AP versus AR tug-of-war, the winner is the one with the best information.

Back Office Solutions

3 things your AP staff can do instead of dealing with paper problems

Oh, paper. We’re 16 percent finished with the 21st Century, and there you are, still slowing things down. Really? I’m sure you’re familiar with the

Back Office Solutions

3 ways to overcome your fear of Accounts Payable automation

In the past decade, organizations have adopted accounts payable (AP) automation technologies – like document management and data capture – at an

Back Office Solutions

Need to increase efficiency in accounting? Don’t stop at AP!

When it comes to automation, accounts payable (AP) gets a lot of attention. But why increase efficiency in only half the department? The same concepts you

Back Office Solutions Government

Document management and accounts payable: 3 reasons to go there

Document management and accounts payable: 3 reasons to go there

As government begins to turn the corner on budget woes, local government has a golden opportunity to transform their processes and position themselves for