The accounting world was as caught off-guard and unprepared as most other industries when COVID-19 came to town. One fact has clearly surfaced in the...
Businesses must purchase various supplies and services to power their operations, but they often find it challenging to manage vendor payments. Large companies may receive...
Businesses relying on paper-based AP methods could be losing out on thousands if not millions of dollars, Bank of America’s Brad Garfield says. In this...
Businesses that have stuck with paper-based accounts payable (AP) processes are feeling the heat as the COVID-19 pandemic makes it unsafe for staff to conduct...
Physicist Niels Bohr — or maybe it was ballplayer Yogi Berra — once said predictions are hard, especially the ones about the future. Any sudden...
Restarting and reinventing the U.S. economy will involve accounts payable (AP) automation. Count on it. “Buyers need upgraded AP tools that provide detailed views of...
Finance professionals spend considerable time and effort using manual accounts payable (AP) processes that require sorting through paper documents and keying invoice details into their internal systems. These legacy...
Selling iced tea in summer is big business, and one that requires beverage brands to manage supplier payments for everything from tea leaves to bottle...
Late payments have always plagued business-to-business (B2B) commerce, but the problem is coming to a new head. Financial instabilities that many companies are facing due...