CAAPS

FEBRUARY 9, 2016

I’m often asked how to get one’s staff to increase the use of purchase orders. That can be a bit sticky because most of the people in your organisation probably have no idea why purchase orders are so important – they just appear to be an admin process that wastes a lot of time. Just more paperwork? They don’t realise that purchase orders can give management a long-term and accurate perspective of the company’s financial position and commitments or that purchase orders en

Purchase Order 52

Purchase Order Accounts Payable Accounts Payable Invoicing 52

AvidXchange

FEBRUARY 1, 2016

We’re pleased to announce the addition of Nigel Morris to AvidXchange’s board of directors. Nigel Morris is the managing partner of QED Investors, a direct investment fund focused on high-growth companies that leverage the power of data strategies. In addition to his work with QED, Nigel works in an advisory capacity with General Atlantic Partners and Oliver Wyman Consulting.

AP 40

AP Financial Services 40

CAAPS

FEBRUARY 9, 2016

Is your handling of invoices tax compliant? Receiving invoices by email is both a blessing and a curse. Which you get depends on how well set up you are. For example, many of the accounts payable staff I talk with tell me that they hate getting email invoices. They have to print them out so they can be processed. Even companies that scan their invoices find themselves printing them out.

Invoicing 52

Invoicing Tax Accounts Payable Accounts Payable 52

CAAPS

FEBRUARY 9, 2016

Procurement of goods is a vital corporate function. Needless to say, an efficient workflow that starts from procurement and ends in paying for the goods is very important to ensure that expenses are within the company’s budget and that costs are kept at a minimum. Procure to pay solutions is the key to effective supply chain management. By integrating the purchasing process with the automated accounts payable function, an organization can strengthen its controls over purchase authorizati

Purchase Order 52

Purchase Order Accounts Payable Accounts Payable Invoicing 52

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

Accounting

CAAPS

FEBRUARY 9, 2016

Why automate accounts payable? Accounts payable departments often use lots of paper and manual processing is one of the most expensive components of the business accounting cycle. Accounts payable typically requires manual data entry and significant labor costs. Manual data entry is also error-prone. Susie West of Ardent Partners presented a survey (What Makes An Accounts Payable Function Best-in-Class?

Accounts Payable 52

Accounts Payable Accounts Payable Data Entry Accounting 52

CAAPS

FEBRUARY 9, 2016

Large technology projects are often described as transformation projects. These projects significantly change the way organisations conduct their business and how work gets done. Unfortunately, the reality is that the success rate of transformations is less than 40%. Why do so many transformations fail? What are the barriers to transformation? There are many common barriers to success.

Collections 52

Collections Accounts Payable Accounts Payable Accounting 52

CAAPS

FEBRUARY 9, 2016

This white paper uses a variety of trusted sources to explain the significance of new Portable Document Formats (PDFs). “Traditional archiving methods such as paper and microfilm guarantee reproducibility but have been superseded by new technologies. The popularity of PDF (over TIFF) grew for a variety of reasons but the format’s proprietary nature meant that reproducibility over years could not be guaranteed.

Accounts Payable 52

Accounts Payable Accounts Payable Accounting Accounting 52

CAAPS

FEBRUARY 9, 2016

The process of accounts payable automation with CAAPS is far simpler than you would expect. To help demonstrate, let’s look at how a traditional AP process compares to an automated process. The traditional accounts payable process Invoices are received by account payable. Our annual Accounts Payable Benchmark Report measures the productivity of AP operations.

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

CAAPS

FEBRUARY 9, 2016

Times change. And so does technology. Is invoice scanning obsolete? Eight years ago, I was like most vendors. I preached the virtue of scanning invoices. I waxed eloquent about how it saves time with filing and storage costs. Today, I’d have to ask why any organisation would do invoice scanning. It means investing in a scanner. Not to mention doing all that manual work – something I’ve found accounts payable staff hate and usually aren’t very good at.

Invoicing 52

Invoicing Accounts Payable Accounts Payable Accounting 52

AvidXchange

FEBRUARY 29, 2016

Rhonda Greene has served in several integral roles for AvidXchange over the last few years, including Vice President of Payment Services. Rhonda 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. Rhonda enjoys sharing her best practices with other financial professionals to help them navigate day-to-day AP challenges.

AP 40

AP Accounts Payable Accounts Payable Account Reconciliation 40

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.