Payment

Sometimes, tackling the problem of rush checks is not so simple. You need to realize that rush checks are not technically the problem— they are actually just the symptom. So you need to pinpoint

… Read More

Are you looking for a way to improve efficiency and eliminate paper checks? Follow Genesis Healthcare System’s lead. Genesis Healthcare System worked with purchasing and its bank to set up vendors

… Read More

By Pam Miller Fortunately, on the AP side this doesn't happen often. But consider this scenario from the AR side—it could happen on a daily basis, more likely multiple times a day. Don’t let your

… Read More

As payments increasingly move from checks to other payment methods, the fraudsters are following. ACH, once virtually fraud free, has seen a rise in fraudulent activity as barriers to the use of ACH

… Read More

Variations and Additional Strategies, Including an EFT Tip Reverse Positive Pay Reverse Positive Pay is an alternative offered by many financial institutions. It is an excellent source for companies

… Read More

AFP Survey Finds Majority Experienced Payment Fraud in 2011 Your organization is at risk for payments fraud. The 2012 survey by the Association for Financial Professionals (AFP), sponsored by

… Read More

The use of positive pay systems has become the industry standard for preventing check fraud—and with good reason. Positive pay provides your bank with a file listing all the checks printed on a… Read More

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

… Read More

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

… Read More

"One of the greatest challenges facing centralized AP departments is getting invoices paid on time," says Adrienne Jackson, AP Associate at NRG Energy. "Invoices are often mailed to the plant sites

… Read More