The Latest AP and Procure-to-Pay News

Want to Save Your Organization $600,000 This Year?

May 25, 2017

Want to help your organization save $600,000 this year? Of course, you do!

The first step is to stop dragging your feet on deploying a fully automated accounts payable system.

Companies that have fully automated accounts payable lower their average invoice processing costs almost 30 percent, according to the Association for Information and Image Management (AIIM).

 



3 Reasons Why Manual AP Workflows Are Wasting Your Time and Money

May 11, 2017

Businesses have a lot riding on their accounts payable processes. Accounts payable inefficiencies negatively impact:

  • Cash management
  • Budgeting
  • Forecasting and reporting
  • Spend management
  • Compliance and security
  • Supplier relationships

With accounts payable having a significant impact on enterprise objectives, it is no surprise that more businesses are thinking more strategically about their accounts payable processes.



4 Reasons Accounting Departments Have Fallen in Love with AP Automation

April 27, 2017

Accounting departments are in love, and they’re not afraid to shout it from the rooftops. AP automation is changing their lives for the better. This is a relationship that will endure.



3 Reasons to Integrate Your AP and ERP Platform Now

April 19, 2017

“By the time I talk to customers, they can’t wait to get their systems automatically talking to each. They know that if their systems could integrate well, not only would they see substantial cost savings, but they would have a more holistic picture of the business,” said J Henry, Director of Integrations at Nexus Systems."



IT Professionals Embrace AP Automation

April 12, 2017

Accounts payable automation was a hot topic among IT professionals in the expo hall and in the educational sessions at last week’s Collaborate17 event for the Oracle enterprise resource planning (ERP) community.