Ascend Software blog

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Reduced Government Funding in Healthcare and the Impact on Healthcare Companies

Ascend Software blog

In recent years, there has been a significant reduction in government funding for healthcare. This has had a major impact on healthcare companies, who are now facing increased financial pressures.

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Unleashing Cost Savings with AP Automation: A Comprehensive Guide

Ascend Software blog

Accounts Payable (AP) automation is revolutionizing the way businesses manage their invoice and payment processes. By replacing manual tasks with automated systems, AP automation can generate significant cost savings and efficiency improvements. But what do these savings look like in real terms? This blog post delves into the research and survey data to provide a comprehensive picture of the cost benefits of AP automation.

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Unveiling the Top Pains of Accounts Payable: Overcoming Challenges for Efficiency

Ascend Software blog

In the realm of financial operations, accounts payable holds a crucial role. However, it is not without its fair share of challenges. Managing invoices, payments, and vendor relationships can be a complex and labor-intensive process, prone to various pains that hinder efficiency and accuracy. In this blog, we will explore the top pains of accounts payable and discuss strategies to overcome them.

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8 Features to Consider When Choosing an AP Automation Solution: An Enterprise Guide

Ascend Software blog

Investing in an Accounts Payable (AP) automation solution can dramatically streamline your business operations, reduce costs, and improve accuracy. However, with a myriad of options available, choosing the right solution can be daunting. This blog will delve into the top features you should consider to ensure you select a solution that aligns with your enterprise's needs.

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The Average Cost of Processing a Purchase Order: A Detailed Analysis

Ascend Software blog

In the world of business, understanding your expenditures is crucial. One of the costs that can often fly under the radar is the price of processing a purchase order (PO). While it might seem like a negligible expense, it's important to remember that small costs add up, especially when you're dealing with a high volume of orders. In this blog post, we'll break down the average cost of processing a purchase order and discuss strategies for reducing it.

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Common Invoice Payment Terms with Definitions

Ascend Software blog

Invoicing is an essential aspect of any business, and it is vital to have a good understanding of the key invoice terms to ensure accurate billing and timely payment. Here are the top invoice terms that every business owner or freelancer should know.

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Maximizing Your Return: Calculating the ROI of AP Automation

Ascend Software blog

For businesses that rely on manual invoice and payment processing, the cost savings and efficiency gains of implementing an automation solution can be significant. By automating AP processes, companies can reduce time spent on manual processing and processing costs, while improving accuracy and reducing the risk of errors.

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