Generative Data Intelligence

Tag: AP Processes

Best Accounts Payable Software of 2023

Accounts payable software are increasingly being used by businesses worldwide. Automated accounts payable software can efficiently manage large volumes of financial transactions between a...

Invoice‌ ‌Approval‌ ‌Automation‌ ‌

IntroductionThe Accounts Payable (AP) departments of most companies have internal rules for invoice management that include approvals. What are invoice approvals?  What is a...

Purchase Order Approval

As a business often collaborates with third-party vendors, documentation and approval processes for purchases become a necessity to maintain collaboration and ensure a smooth...

Procurement Process

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 Matching

One significant activity in Accounts Payable (AP) processes is Invoice Matching. Traditional approaches in this key task may cost time, effort, and human resources...

Purchase Requisition vs Purchase Order

The purchase ordering process in any company is made of many steps, starting from identifying the requirement to making the purchase. Two important intermediate...

What is Accounts Payable Outsourcing?

Growing businesses have to maintain relationships with many suppliers and vendors. Vendors with different invoicing standards/procedures tend to make accounts payable processes quite cumbersome....

Survey Shows Need for Better Automation of AP Operations and Fraud…

“These survey results are exciting because they show, with Phixius, we have created a new utility that will answer the...

A 2020 guide to Invoice Data Capture

Invoice capture is the process of automating data capture  from invoices to improve per invoice processing time and cost. In 2020, most companies...

5 Conference Alternatives for Remote Finance & AP Professionals

Virtual Conferences, Webinars, Resources & More It’s been a little over a month since mandatory social distancing orders forced most businesses and office buildings...

3 Big Changes in B2B Payments After COVID-19

The world has changed. The future is still bright. Three months ago, we were frantically searching for the final items on our Christmas lists....

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