The accounts payable (AP) function as we know it is disappearing. Advanced AI and automation are reshaping what AP teams do, ...

As the compliance function has matured, Chief Compliance Officers have built important relationships with related functions that are critical to the compliance function. Over the last few years, we ...

Few back-office functions are as time-consuming, labour-intensive, and paper-intensive as processing and paying the invoices submitted by suppliers. According to benchmarking data from the Institute ...

As digital transformation is taking place in the accounts payable function, fleets are starting to see the strategic value AP can bring to the organization. According to The State of ePaybales 2019: ...

Accounts payable (AP) is one of those functions that can be easy to avoid thinking about until you must. It’s also a function that can benefit from the application of automation in some of the most ...

Accounts payable is a financial accounting term that refers to the current liabilities of a company for any outstanding obligations they have to another party. This generally occurs when the business ...

Accountants record closing entries at the end of every accounting period. Closing entries transfer the revenues and expenses the company incurred during the period to the equity section of the balance ...

As with any other area of your business, you need to measure the performance of your accounts payable function. Why? Because automating accounts payable is a task that touches many aspects of a ...

All businesses function to make a profit – that is a given, and profit arises when value exceeds costs. But when it comes to making that profit, too many businesses struggle to appreciate the ...

NEW YORK--(BUSINESS WIRE)--Many organizations are taking steps to improve their accounts payable (AP) activities such as invoice processing as part of their business plans for 2014. Outsourcing is a ...