Processing invoices is time consuming and costly. The average business requires 14.1 days and approval from two to five people in order to process a...
Procurements and accounts payable solution provider Corcentric announced that it has entered a reseller agreement with Commerce Bank to allow its Cor360 solution to be...
Supplier onboarding has its own set of challenges (and opportunities) as supply chains get longer and need more documentation. Julien Nadaud, senior vice president of...
There is no standard onboarding process, so businesses are largely free to design their own. Most firms cover the basics, by collecting suppliers’ names and...
They’re slow. They’re cumbersome and expensive. They open the door for fraud. For all their drawbacks, why do paper checks persist in accounts payable? PYMNTS...
When it comes time to pay suppliers, most accounts payable (AP) professionals will use whichever payment method they need to get the job done —...
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...
Thanks to digital, everything — from online shopping and mobile ordering to peer-to-peer payments — has speeded up. Yet invoicing and payments haven’t kept up...
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...