You may have noticed several new methods for vendor payments in your role as a business owner. Your customers might be hiring automated accounts payable
The advertising industry was hit hard by the pandemic, down more than $20 billion in 2020, according to Statista. After a swift recovery, it’s predicted
Here at AvidXchange, we want to help your accounts payable (AP) team avoid making duplicate payments — a significant industry problem. With this goal in
Success can be tricky to define, especially in financial functions including accounts payable (AP) departments. Accounts payable success is largely tied to hard numbers —
You may not expect mythology to have any relevance in the numbers-driven, here-and-now world of accounts payable software and services. But it sure does. Many myths, false notions,
Your company may be ready to shift to accounts payable (AP) automation. But mistakes could be made along the way. What are those stumbling blocks
In corporate financial departments, and throughout accounts payable (AP) managers’ homes, and just about everywhere, people are enjoying the Summer Olympics in Tokyo. Not coincidentally,
As a controller or accounts payable (AP) manager, you can use more than a dozen key performance indicators (KPIs) to track the performance of your AP systems. But three stand out:
As 2021 kicks into high gear, there’s an obvious question on the minds of finance professionals throughout the accounts payable (AP) software market: Will the
You might assume in this age of widespread digital transformation that manual, paper-based financial processes are a thing of the past. However, thousands of companies
It may seem like a big undertaking to go about automating accounts payable processes throughout your business. To help, here’s a quick guide, and some
Your business may believe it’s time to consider shifting to an automated and paperless accounts payable (AP) process. But how can you be better informed
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