Payment

Not long ago a lot of folks were concerned about capturing Pokemon on the go—but capturing vendor discounts in Accounts Payable is, well, actually important! And the more discounts AP is able to

… Read More

When AP departments process payments timely and accurately, they not only keep management and vendors happy, they ensure that their companies garner valuable discounts from their vendors. One

… Read More

By Pam Miller, APMD Eliminating checks is a worthy goal. Checks are expensive in terms of raw material and labor. They also can get lost in the mail, fail to get deposited in a timely manner (which

… Read More

In 2015 and 2016, a number of cyberattacks on banks were conducted using the SWIFT (Society for Worldwide Interbank Financial Communication) network. SWIFT is a Belgium-based global cooperative of

… Read More

The prospect of building a brand new procurement card (P-Card) program from scratch seems daunting, but it doesn’t have to be if you take a holistic approach, according to JoAleen L. Ainslie, CPCP,

… Read More

Although research shows that the number of organizations that use check payments is decreasing, many organizations are still relying heavily on these paper remittances. With check fraud still the… Read More

By Pam Miller, APMD Accounts Payable handles thousands of incoming documents, many of which are inconsistent, incomplete, and inaccurate. Despite these considerable challenges, AP must enter, verify,

… Read More

If you’re an AP or P2P professional—or AR or O2C pro—and especially if your company has global reach and has implemented some degree of shared services for finance and accounting functions, you

… Read More

  The primary role of AP is to pay invoices accurately and on time. That means paying each individual invoice once and only once! Yet duplicate payments in AP can happen for a number of… Read More