Invoicera

JANUARY 19, 2025

One of the core benefits of automating accounts payable and accounts receivable is that it reduces the time spent on reactive tasks and saves time and cost. Automation makes certain that everything from payment amounts to tax calculations is right, meaning a minimized risk of financial discrepancies.

Account Receivables

Nanonets

NOVEMBER 27, 2023

In most companies, the accounts payable team is responsible for sending payments to vendors, customers, and other business partners. Opposite the AP team, the accounts receivable team is in charge of collecting outstanding payments from customers and business partners. What is Netting?

AP

Accounting Tools

MARCH 29, 2023

Disadvantages of Automatic Bill Payment There are several disadvantages to automatic bill payments. First, the risk of fraud increases, since you are less likely to monitor the outgoing payments. And third, inspect the payees and amounts paid to ensure that there are no fraudulent transfers occurring.

Billing