"Blessed digitization," exclaim more and more financial executives. With the transformation of the business landscape, electronic invoicing of accounts payable has become an essential tool for financial leaders of large companies that...
They say that time is money, and we certainly won't be the ones to deny this statement. It's not so much that we believe it wholeheartedly, but rather that we are fully aware of its importance as a resource for any company. In fact, there's a reason why we...
Digital transformation should no longer be an option for 21st-century companies; it should be a reality. However, transformation is not achieved solely by having the best technology; it also involves a change that promotes new ways...
Processing supplier invoices, from receipt to accounting and availability for payment, is undoubtedly the process that incurs the most costs in the finance department. In particular, due to the high exposure to manual work involved in the activities...
This article is the third in a series of three, entitled "Getting the Most Out of the Accounts Payable Department," in which we discuss basic concepts that influence the productivity of Accounts Payable departments: In the first article in the series...
A recent "Metric of the Month" from CFO.com shows us the damage that late payments can cause to the relationship between buyer and seller. In this post, we will analyze the three essential accounts payable indicators, based on proven metrics....
If you ask finance executives for their opinion on AP (accounts payable, vendor accounting), we are all likely to give a similar answer: AP is the cost of doing business. However, there are CFOs with a positive attitude...
The Accounts Payable department receives invoices in every conceivable form and format. In this article, we analyze multi-page invoices that require individualized and detailed processing of the information they contain. The...
When a company begins to grow and increase its business volume, special attention is paid to adapting production and customer service to this increase in demand. However, often not enough attention is paid to the evolution undergone by...
