invoice processing

How are successful companies assimilating AP cost per transaction, the percentage of invoices received, the cost of invoice processing, the workflows, approval processes, visibility into sending and receiving of invoices, capturing early pay discounts and more? Has invoice processing system enhances the power and effectiveness of automated controls, reduces the workload for IT, increases employee […]

Any Accounts receivable process has a key role to play, in the success of a company’s bottom line. The invoice collection process must be taken as seriously as the core business process. The process should be organised in such a manner, that there are no leaks in the system and the payments are duly processed […]

Most of the businesses face problems related to invoices that are long overdue. Many a times, invoices fall into unending disputes and since the resolution gets delayed, the payments too suffer. So, how do these problems arise in the first place and what is their solution.

Whether we are working in a corporation or even self-employed as a freelancer, dealing with invoices is a regular procedure for keeping track about our quarterly payment issues. A typical invoice provides all the information regarding a sales transaction for a defined period, including information about the products, quantities and the agreed on price of […]