Does your company still pay suppliers by check? Does your Accounts Payable Department still use manual and labor-intensive tasks for processing incoming invoices? If this describes how your company processes and pays bills, you need to know that there is a strong trend away from these practices, which is highlighted [...]
Corporations of every size and across all industries are automating their accounts payable and payment processes – reducing costs up to 60% and saving critical processing time. So it’s no surprise that 50% of all Fortune 500 companies have already moved to more efficient payment applications. In today’s digital economy, [...]
A recent study by MasterCard, Kaiser and Comdata dismisses a long-held perception by buyers that they have less control on how they pay their vendors. When asked about the level of control on the payment method to vendors, the majority of buyers in this study (63%) believe they have a [...]
There are many reasons companies should automate their Accounts Payable payment processes. Although check usage has declined in recent years, according to the Aberdeen Group, almost 10 billion dollars in B2B transactions are processed annually and the majority of these transactions are still made using paper checks. In an age where [...]
