NEWSROOM INVOICE

Invoice

5 Ways it Pays to Pay Your Vendors on Time

As you’d expect from the company that provides Concur Invoice, we’ve compiled compelling data on the high costs of paper-based invoicing. On average, it costs $23 to process a paper invoice. Automating the process reduces the cost to $3.41, and cuts processing time by up to 75%. Create Your Invoice PolicyUse our template to build your custom...

Read More  
EDITORS' PICKSSee all stories
Travel & Expense Trends
Healthcare Spotlight: Automating accounts payable with Concur Invoice
For many healthcare organizations, managing spend is a distraction, not a differentiator. Hospitals and medical facilities need to prioritize caring for the health of individuals. Tracking spend isn’t at the core of what differentiates...

Read More

Small Business
Common AP practices may be setting SMBs up for financial mistakes
ThreeBridge is a fast-growing professional services company whose consultants use cutting-edge technology with all of their clients. But for years, they employed a paper-based vendor invoice management system. “It was very cumbersome…and because...

Read More

Small Business
How to break the endless cycle of paper invoice management
When invoice management and your exercise regimen become a little too similar, you know something’s got to give. The average company managing a paper invoice process spends $23 on each invoice, including the time, labor and costs associated with...

Read More

LATEST STORIESSee all stories
Small Business
Improving Visibility and Efficiency: The Lure of Automated AP
It’s an interesting time to be in accounts payable. Throughout the last few years, there has been a wave of cloud-based technologies that promise better visibility into spend, greater cost control, and significantly improved operational...

Read More

Small Business
It's time to get your invoice process out of the '80s
Are you feeling like you need a Flux-Capacitor-equipped DeLorean to get your business operations streamlined with modern solutions? Outdated invoice systems are causing businesses to spend more on invoicing than they would with an automated...

Read More

Travel & Expense Trends
Completing the last mile of accounts payable’s transformation
The accounts payable department has undergone a transformation in the past few years, moving from a tactical, capture-and-approve role to a strategic, revenue generating partner. This said, while the accounts payable department has made huge...

Read More