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Small Business

Uncovering the Hidden Costs and Business Opportunities in Invoice Processing

When was the last time you took a close look at your current accounts payable process? Cutting costs and boosting profits are a priority for most businesses, but many do not realize the hidden costs of simply paying the bills. In fact, the average cost to process a single invoice is $12.90 according to research from the Association for Image and...
by: SAP Concur Team
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Small Business
How Much Money is Your Business Throwing Away in Duplicate Invoice Payments?
If your small or midsize business is like most, you could be throwing away as much as $12,000 a month – money that could be spent on staffing, resources, innovation or any number of impactful investments. Duplicate payments are a common and...

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Small Business
Top 3 Reasons Why Small Businesses Must Go Mobile
The pace of business is not just moving quickly, it’s moving at lightning speed. When competing against the giants of the industry, small businesses often feel the need to work twice as hard just to keep up. But where SMBs lack in size, they make...

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Small Business
It's Time to Let Go of Your Spreadsheets
Small businesses often start tracking their expenses using spreadsheets, and it’s easy to see why. It’s not a difficult tool to learn, and it’s a heck of a lot easier than digging out your calculator. If you’re a one-person show, this approach is...

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Small Business
Cure ‘I Can’ Syndrome and Spark Business Growth by Automating your AP Invoice...
“I can” syndrome may not be recognized by the medical community, but it’s a condition that affects millions of small-business owners and other company leaders each year. When managing a business, you might confidently proclaim: “I can make the...

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Small Business
5 Things Your AP Team Didn’t Sign Up For
If Undercover Boss shows us anything it’s that business leaders aren’t always aware of the day-to-day frustrations that distract their employees. Accounting and finance teams are no exception, as they often experience a steady onslaught of...

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Small Business
Key Small Business Growth Mistakes to Avoid
Your small business is successful – so successful, in fact, you’re starting to think about growing it. So, how do you grow a business? The first step to growth is to plan for it. Because whether you’re baking a cake or growing a business, the...

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