In today’s digital age, email has become an essential communication tool for all of us, whether it’s for work, staying in touch with friends and family, or receiving updates from our favorite brands. The convenience of email is undeniable – it’s fast, easy to use, and accessible from just about anywhere. But this convenience comes… How Secure Is Email? | The Hidden Email Security Issues
Continue reading about How Secure Is Email? | The Hidden Email Security Issues
Managing invoices from a handful of suppliers may seem easily achievable. However, as the number of suppliers grows, this task becomes increasingly difficult. When invoices are being processed manually within your accounts payable division, the team faces a significant volume of documents, each needing to be authenticated against its corresponding purchase order. Following this, your… What Is AP Automation? An Overview to Automated Accounting Workflow
Continue reading about What Is AP Automation? An Overview to Automated Accounting Workflow
The Invoice Processing Challenge In almost every industry, invoices are received in paper or electronic format. The invoices are then reviewed and forwarded, usually through inter-office mail, for approve and coding. The invoice approval process usually resides in the hands of seasoned accounting staff, who are only sometimes available, delaying payments. Any exceptions are usually… 6 Reasons Why Invoice Processing Automation Is The Future
Continue reading about 6 Reasons Why Invoice Processing Automation Is The Future
uuAutoAOutstanding invoices severely hinder an organization’s earning capacity. If businesses are not paid for their services on time, it can take a significant toll on their finances. This is why invoice processing plays a crucial role in business, regardless of the industry. It is the lifeblood of all financial operations and ensures the timely payment… Key Differences: Automated Invoice Processing VS Intelligent AP Automation
Continue reading about Key Differences: Automated Invoice Processing VS Intelligent AP Automation
The Accounts Payable cycle is a complex process affected by several rounds of approvals, payment delays, as well as, lack of visibility. Managers relying completely on manual invoice processes suffer from these problems routinely, creating problems for the organization’s workflow. To improve this situation, every company needs AP automation software. These solutions can make your… 7 Ways to Identify Your Pain Points in Invoice Processing
Continue reading about 7 Ways to Identify Your Pain Points in Invoice Processing
With 39% of Accounts, Payable departments reporting high invoice processing costs and substantial errors as their biggest challenges, inefficient invoice workflow management poses a significant risk to business performance. Simply put, an invoice workflow is a process that determines how business routes and approves invoices. Although manual invoice workflows work, it’s tedious, time-consuming, and considerably less reliable,… 5 Best Practices to Optimize Your Invoice Workflow Management
Continue reading about 5 Best Practices to Optimize Your Invoice Workflow Management
Accounts payable plays a critical part of day-to-day business operations. It has a direct impact on cash flow management, maintains vendor relationships, and provides security against fraud. However, from receipt to payment, several accounts processes require manual intervention. Manual AP processes limit teams from using their time optimally and restrict them to bill payments or… Why AP Automation Is Necessary for an Optimized Workflow
Continue reading about Why AP Automation Is Necessary for an Optimized Workflow
Referral management is the process of streamlining end-to-end referrals, increasing transparency, and relaying general care to specialized treatment. However, poorly managed referrals are a significant obstacle to all these things. Issues stemming from poor management of referrals affect patients, providers, and payers alike. From misdiagnosis, operational inefficiency, and broken referral loops to missing patient records,… The True Cost of Poorly Managed Referral Management
Continue reading about The True Cost of Poorly Managed Referral Management
Today’s businesses are struggling to deal with the challenges of remote workplaces and social restrictions. Being disconnected from the office poses a significant risk to your workforce’s productivity and endangers your company’s growth. Companies still using manual processes are getting the worse of this. As difficult, it is to keep businesses steady during the harsh situation of… How To Boost Remote Growth with Intelligent Document Automation
Continue reading about How To Boost Remote Growth with Intelligent Document Automation
According to Business Insider’s Account Payable Automation report, 44% of businesses are looking to incorporate Invoice Processing Automation into AP processes so they can increase their efficiency and make most of the cost-cutting opportunities. Invoice processing is one of the most critical procedures of Accounts Payable and is responsible for the generation, routing, approval, and… 7 Invoice Processing Automation Features Every Accounting System Needs
Continue reading about 7 Invoice Processing Automation Features Every Accounting System Needs