The Large enterprise must automate their accounts payable and account receivable management systems for better cost-effectiveness and higher return on business processes. Every large business enterprise has a large number of processes that need to be aligned with each other for smooth functioning and achievement of goals. Integrating systems and processes require the integration of […]

Many a times the accounts payable department in companies gets frustrated because of missing or lost invoices. The vendor seems to have sent the invoice, but the invoice has not reached the client payment department or has gone missing completely. This creates problems at the time of payment of the invoice. Here are some steps […]

As a business owner, you work hard on your products and services to make your business a success. The invoicing and payment activities must be taken equally seriously, so the payments come on time and the business can be run smoothly.

The difference between capital and revenue expenditures is easy to figure out. Capital expenditures are for the long-term investments that you might make to keep your business running. Revenue expenditures are primarily to help you keep your business functional and to maintain a regular revenue. These are both different from one another as they entail […]

Introduction Errors are inevitable in any process. Although sometimes they might be annoying and time-consuming to rectify, it’s not impossible to fix them. And we know you are having difficulty managing your accounts payable errors, but it is crucial to maintain a healthy financial system. We aim to empower you with practical tips to help […]

Introduction “The lack of clarity in finances can quietly harm businesses, often remaining unnoticed until it leads to major losses.” In the ever-changing finance world, achieving clear finances poses a tough challenge for businesses worldwide. According to a recent Deloitte survey, about 51% of businesses face incomplete or wrong expense data issues. This problem doesn’t […]

Bills payable management has a vital role in ensuring a business’s stability and financial health. Whether it’s a small or a large-scale entity, neglecting bills payable can bring consequences and several hurdles in growth. However, it might be challenging to handle this process effectively, especially if you have hundreds of invoices. So, what is the […]

what is procure to pay How does your organization conduct procure-to-pay processes? How long has it been since you’ve thought about your business’s procurement-to-pay process? Not sure? Well, you’re not alone. It’s a situation that needs immediate attention. For many businesses, the answer might be awhile. But neglecting to refine and improve your procure-to-pay operations […]

As new technologies continue to emerge and grow, entrepreneurs leverage these opportunities to improve their business practices and scale their company’s reach in the marketplace. Businesses have been one of the largest beneficiaries of these advancements. While invoicing software has been around for many years, it can be expected that companies will continue to increase […]

Every organization, big or small, is always concerned about one big thing- finance management.  The proper financial management of small business holds the key to surviving the volatile economy and the extensive market competition. Taking financial decisions consciously from the very beginning will act as a stair guide to your business taking it to the […]

 One of the most looked through-relationship in a business is the one you have with your vendors. For a business to deliver highly satisfactory services, it is important to have a streamlined workflow starting exactly from the vendors. Delays, gaps and miscommunications can lead to a subsequent pause in deliveries, hampering your overall business rapport.  […]

Are you used to manually searching for purchase orders and goods receipts? You aren’t unknown to the fact that this job can get really tedious and bring down your productivity levels. Accounts Payable automation is the answer to all your woes. This would allow you to expedite invoice review, coding and the final approval that […]