AP Association

JULY 5, 2022

When it comes to working in accounts payable, knowing the mistakes that can save you and your company money, time and productivity are essential. For example, if you're filing a vendor's invoices by date, use something like Jan-Mar or April-June instead of 2017/01 or 2017/04.

Invoicing 130

Invoicing Accounts Payable Accounts Payable Computation 130

AvidXchange

FEBRUARY 27, 2019

When complications occur in your accounts payable processes, they can hamper your business growth. In the worst scenarios, a poorly performing accounts payable process can even be a liability to your company. What is Accounts Payable Outsourcing? Outsourcing accounts payable isn’t for everyone.

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

AvidXchange

DECEMBER 1, 2016

By 2003, their invoice approval software, AvidInvoice, was enabling companies to route invoices electronically and create intelligent workflows to automate their accounts payable processes. Headquartered in Houston, Texas, Strongroom has provided accounts payable software solutions to over 200 small and midsize businesses since 2007.

Accounts Payable 40

Accounts Payable Accounts Payable Billing Data Entry 40

AvidXchange

MARCH 23, 2021

Leveraged AvidPay and AvidInvoice to pay bills on time To help keep up with the influx, Terra Holdings, LLC leveraged AvidPay and AvidInvoice , both of which it started using in 2017. During March, April and May, he says he kept saying “thank God we did this conversion to AvidXchange years ago in 2017. We exceeded expectations.”

Invoicing 40

Invoicing Accounts Payable Accounts Payable Financial Records 40

AvidXchange

AUGUST 23, 2017

AP automation expert Rhonda Greene has been in the accounts payable world for more than 20 years in various roles and has witnessed the transition from paper-based processes to completely automated AP and payment processes firsthand. How have accounts payable automation solutions improved the audit process?

AP 40

AP Accruals Accounts Payable Accounts Payable 40

AvidXchange

AUGUST 9, 2018

In fact, in 2017 the IC3 of the FBI received over 15,000 BEC complaints and resolved claims totaling over $675 million. No payable is too small to double check. Your finance department will look at accounts payable as “outgoing cash” for your company’s cash flow statement. Payment processes profoundly impact cash flow.

Invoicing 52

Invoicing Purchase Order Accounts Payable Accounts Payable 52

AvidXchange

JANUARY 4, 2018

In AFP’s 2017 Payments Fraud and Control survey , FBI is warning companies about the most recent fraud attack on the rise: Business Email Compromise (BEC) scams. Treasury Management Systems are not one size fits all The 2017 Deloitte Global Corporate Survey focuses on the importance of a strong Treasury Management System (TMS).

Budgeting 40

Budgeting Deposits Reconciling Accounts Payable 40