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Accounts Payable Blog Articles

Paperless accounts payable

Tips from Cybersecurity Expert Frank Abagnale to Fortify Your Fraud Defense [On-Demand Webinar]

These are trying times and scammers are upping their game to take full advantage. According to cybersecurity expert and subject …

Portrait of a serious senior woman looking at laptop, used by AvidXchange for article explaining how accounts payable automation benefits security

How Accounts Payable Automation Benefits Security

Understanding how accounts payable (AP) automation benefits security is extremely important in today’s climate, as criminals are upping their game …

Close up of hands typing on laptop, used by AvidXchange for article about benefits of electronic invoicing and payments

5 Game-Changing Benefits of Moving to 100% Electronic Invoicing and Payments

Electronic invoicing (e-invoicing) and payments (e-payments) are shifting from the “nice-to-have” to “need-it-now” list for many companies. Because manual, paper-based …

accounts payable software market growth

10 Common Financial Forecasting Mistakes (And How to Avoid Them)

Here are 10 common forecasting mistakes I’ve seen throughout my time in financial planning, and more importantly, some tips to avoid them.

casually dressed woman standing in front of filled white board

Chart of Accounts – How to Get Organized & Efficient

Tedious as it may seem, every business transaction needs to be recorded in the right account. The problem, however, is …

The Procurement Process – 5 Steps to Best in Class

As the costs of purchasing continue to rise, it’s important that business owners follow best practices when it comes to …

Electronic payment systems

EFT Payments – The Guide to Electronic Fund Transfers

Today, commerce is relying more and more on electronic communications to handle financial transactions efficiently and affordably. For this, businesses …

stack of papers on conference table

Outsourcing Accounts Payable: The Pros and Cons

Managing your relationships with vendors and suppliers is challenging enough. When complications occur in your accounts payable processes, they can …

hands on files sitting on conference table

Guide to Selling AP Automation to Your CFO

Did you know CFOs have FOMO? The “fear of missed opportunities” is a real thing for executives. Seeing competitors save …

Bill Payment Software

Adding Up the Costs of Poor Payment Processes

Here’s the deal. Poor payment processes come with a price. Why are companies spending so much on payment processes? It’s …

group of business professionals in a meeting setting

Selling AP Automation to Your Boss Without Hesitation

Not too long ago, the CFO’s job was less complex: to maintain the financial health of the company. This one …

online purchase from tablet with credit card

The Complete Guide to Electronic Payment Systems

Over the years, payments have evolved to include more than cash, coins, and checks. Now, consumers and businesses make purchases …

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