Set up an accounts payable process to ensure vendors are paid on time, reduce duplicate payments, and maintain accurate financial records for your business.

It’s no secret that manually driven, paper and data-intensive processes lead to high transaction costs. Your accounts payable department is replete with such processes, which leads to increased ...

This article examines how finance and accounts payable teams can identify the best OCR software for invoice processing in ...

SAN FRANCISCO--(BUSINESS WIRE)--Vroozi, the leading purchasing and spend management platform for enterprise and mid-market companies, is launching Vroozi Intelligence, a smart accounts payable and ...

Discover how accounts payable function as short-term liabilities, not expenses, and learn how they impact a company's ...

Keeping track of the money your business owes its suppliers and vendors is crucial to its financial health and long-term viability. That’s why all businesses need an accounts payable reporting process ...

Few back-office functions are as time-consuming, labour-intensive, and paper-intensive as processing and paying the invoices submitted by suppliers. According to benchmarking data from the Institute ...

An accounts payable understatement causes inaccurate profit and loss information on your business financial statements. Understatements are a result of data input errors in accounting software. There ...

Unlike other industries, many health systems settle most payments via paper check instead of automation, according to a 2011 study (pdf) from American Express. Last year, American Express released a ...