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Top 10 Key Performance Indicators for Accounts Payable Operations

Finance leaders in most companies are looking at their Accounts Payable department to find opportunities for improvement, and to determine when bringing in new technology makes financial sense. The best way to accomplish both of those goals is to establish and track...

Moving Vendors to ePayments

If you're responsible for your Accounts Payable operations, you know the value of electronic payments and the time and money that can be saved over manual check processing. The switch to ePayments also offers important benefits in maximizing resources, where time...

Ending the Paper Chase in Accounts Payable

Even with the great strides achieved in digital imaging and technology, many accounts payable departments still spend a great portion of their time chasing paper. It’s amazing that even among organizations using the most sophisticated ERP systems, AP staff still often...

Are Check-Based Payments Punishing Your Business?

If you believe that writing paper checks is the best way to pay invoices, you’re missing the most effective method for completing the accounts payable process. In fact, writing paper checks may be hurting your business in ways that you haven’t even considered....

Why Your ERP Probably Isn’t the Best Option for Making Payments

When discussing the subject of streamlining accounting processes, the option of using your company's ERP system always comes up. ERP systems are excellent for integrating accounting with things like order management, inventory, HR and customer relationship management,...

5 Critical KPIs for Your CFO

Chief Financial Officers can have a great deal of influence over the success or failure of a company. They're responsible for financial planning, managing financial risk and reporting on the financial health of the organization to higher management levels. It can be a...

How Electronic Payments Can Improve Your Bottom Line

Today's business environment is forcing companies to be more innovative and to find the most cost-effective ways to run the business. Of course, financial executives must be good stewards of the financial resources of the company. They also need to ensure that...

Is Your AP Process Headed In the Right Direction?

You know your bills are being paid, so evidently your Accounts Payable process is working. But do you know how well it's working? More importantly, do you know what to do to make it work better? Tracking the right metrics will give you solid answers to both of those...

Accounts Payable Automation: How to get Started

Companies don't need to accept working with a manual accounts payable process, which is often costly, prone to errors and a drain on profitability. Wise CFOs and controllers are working to find ways to lower costs and streamline their invoice-to-payment process....