Accounts payable (AP) processes are anything but efficient, mired in paper and manual labor. Waiting for the fax machine to break is no spur of change, either. However, as Matt Clark, president and COO of Corcentric tells Karen Webster, focusing on people, process and, of...
All too often, firms in growth mode focus on the cash coming in rather than the cash going out — and accounts payable management, treated like an afterthought amid manual processes, leads to inefficiencies and errors. That’s a danger in the growing gig economy, where...
Accounts payable operations are essential to ensuring that payments to a firm’s partners and suppliers are processed and delivered on time. These processes prevent companies from missing payments and running the risk of souring business relationships and hurting their partners’ bottom lines in the process....
