Accounts payable audits play a crucial role in the financial health of businesses. They ensure compliance in financial reporting and can cut discrepancies and...

I wouldn’t be exaggerating if I said an average person sends/receives at least 10 invoices per week. With the growing digitalization, businesses are dealing...

Are you tired of manually entering requisitions, creating purchase orders, and tracking invoices? Tired of relying on old-age labor-intensive methods to manage compliance issues?...

The operation of any business hinges on the procurement of essential goods and services from third party vendors.  While there are two participants in...

Invoice processing or bill processing is the whole gamut of operations associated with the business-end (pun unintended) of purchasing products/services from a vendor. As...

Invoice processing or bill processing is the whole gamut of operations associated with the business-end (pun unintended) of purchasing products/services from a vendor. It...

According to an ACFE report, companies lose up to 5% of their annual revenue on fraudulent or unauthorised spends. That's why finance teams are...

Accounts payable definedThe accounts payable is an accounting term that refers to the money that a company owes to a vendor or a supplier...

The accounts payable process of a company is the management of its short-term payment obligations to vendors/suppliers. The accounts payable or AP is the...

Automated Clearing House (ACH) payments have become increasingly popular among growing businesses, for their faster processing times, lower fees, and reduced risk of fraud....

An important financial document that all businesses receive and must deal with, is the invoice. As an enterprise grows in function and value, it...

Accounts payable automation, or AP automation, is the use of technology and software to automate the tasks and workflows involved in the accounts payable...