Invoice Matching

Implementing a Self-Service PO Process

Improving With Enthusiasm Problems with PO numbers recently led the AP department at Goodwill Industries of Central Indiana Inc. (Indianapolis) to implement a smart new self-service PO process,

Put a Stop to 'Missing Invoices'

By Anne Brannan, AJA Video Systems, Inc. (Grass Valley, California) A few years after becoming company AP clerk at AJA Video Systems, AP noticed that missed invoices were occurring more frequently… Read More

Which Way to Go? Imaging or E-Invoicing?

Compared to manual processes, imaging has many benefits when it comes to invoice receipt and data extraction. When implemented with workflow, imaging greatly simplifies the approval process, since it

Automated Invoice Exception Handling

Automating accounts payable processes significantly reduces the effort required to approve an invoice for payment. Implementing technologies such as imaging, electronic invoicing and automated

Invoice Data Capture: Key to AP Automation

The heart of accounts payable automation is the workflow engine. But, in order to work, it requires that invoices be in electronic format. So the critical first step in automating AP is to get the… Read More

Is the Three-Way Match a Good Match for Your Organization?

What Is the Three-Way Match? The three-way match is a common method of handling invoices that are based on purchase orders. To complete the match, you compare the PO, the receiving documents, and the

How to Improve Invoice Submission Compliance

What do you do when employees in your organization who are authorized to enter requisitions are not following company policies and procedures? That's a challenge that accounts payable clerk Ronny

Is the PDF a “Phriend” or “Phoe?”

By Pam Miller, APMD Over the last few years, it seems as though there has been an explosion in the number of vendors who want to deliver their invoices to AP via a PDF attachment to an e-mail. In a… Read More

Process Options to Reduce Payables Costs

Most of us know the conventional wisdom that you have to spend money in order to make money. As all accounts payable departments know, however, there is more to it than that. You also have to spend

A S-L-O-W Approval Process Can Be Accelerated With Assumed Receipt

Waiting for an invoice to be approved can test the patience of any AP professional. After all, who knows better than AP how tardy approvals can hold up the entire payment process?

Not only does AP