AP Recognition Week is an annual opportunity to show appreciation toward our unsung heroes in the finance department: the accounts payable employees who every day focus on making sure bills get paid promptly and accurately while keeping suppliers happy. Their work is behind the scenes, but AP is essential to managing vendor relationships and...
As the expense, travel, and invoice management landscape changes, small and midsize businesses (SMBs) are put in the position of having to keep up with the times or fall behind. Businesses struggling to grow and compete eventually find that their...
Small and midsize businesses have a lot of advantages over much larger companies. For example, small businesses are able to be nimble and make quick decisions and strategic pivots. They are often able to be more innovative and seize new...
If you’re like many small businesses, it’s hard to find time to step back and look at the numbers. There simply aren’t enough hours in the day and it’s only at year end you look at the books in any detail. But having year-round visibility into...
The invoicing process had gotten so intense for the accountant at a Tennessee insulation manufacturer that she was replacing her keyboard every six months. She kept wearing the letters off. Then her company adopted an automated invoice solution....
Perhaps you have a “good enough” supplier invoice process. Invoice data is captured on spreadsheets and inputted into your ERP (eventually). But could the process be more streamlined than it is today? Maybe you think it could, but for a number of...
Accounts payable is more important to the business than ever before. Besides processing invoices and entering massive amounts of financial data, there is so much more value today’s finance teams can offer. From reporting and analysis to...