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Paper checks are finally losing ground in the B2B payments world, at last being replaced by ACH payments and other electronic methods. These are usually quicker and more secure than the way we used
… Read MoreCommon accounts payable errors—such as overpayments, duplicate payments, pricing mistakes, inaccurately calculated taxes, and currency conversion errors—can lead companies to lose
… Read MoreThe 80/20 rule seems to apply in a host of situations. Twenty percent of the people you know cause 80 percent of your problems. Eighty percent of your time is spent doing 20 percent of your work. You
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Businesses are rethinking the way that they operate.
Disruptive competitors, increasing reporting demands, and a tsunami of management, security and regulatory challenges is creating pressure
How can you cut back the sheer number of invoices you receive each month—particularly from the same vendor? One easy way to reduce invoice volume is with summary billing.
Summary billing
… Read MoreEven though AP professionals still grapple with a lack of support and funding for AP automation, many have found ways to vastly improve processing and ease into automation by streamlining their
… Read MoreA common question we are asked here at IOFM involves the volumes of payments seen by other practitioners and how they time those payments. This is a high-level question that requires measurement and
… Read MoreWhat are you waiting for?