2017 Accounting Accounts Payable 
AP Association
JULY 5, 2022
When it comes to working in accounts payable, knowing the mistakes that can save you and your company money, time and productivity are essential. The invoice number is used for accounting purposes only, so don't use it as a filing number when you're submitting paperwork to the government or other agencies.
AvidXchange
FEBRUARY 27, 2019
When complications occur in your accounts payable processes, they can hamper your business growth. In the worst scenarios, a poorly performing accounts payable process can even be a liability to your company. What is Accounts Payable Outsourcing? Outsourcing accounts payable isn’t for everyone.
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AvidXchange
MARCH 6, 2018
Accounts payable fraud is a major problem. They’re taking advantage of the Digital Era’s easy access to private accounts and information in malicious ways that are easily overlooked. But as technology evolves, accounts payable automation (AP automation) is making it hard to crack the code to fraudulent AP attempts.
The Successful Bookkeeper
AUGUST 22, 2023
However, with the release of technologies such as instant payments facilitated by the FedNow Service and The Clearing House’s RTP Network, a significant paradigm shift will transform how accountants and bookkeepers manage their clients’ accounts receivables and accounts payable.
AvidXchange
DECEMBER 1, 2016
By 2003, their invoice approval software, AvidInvoice, was enabling companies to route invoices electronically and create intelligent workflows to automate their accounts payable processes. Is your accounts payable department stuck in the past? Two months later, they founded AvidXchange.
AvidXchange
MAY 7, 2019
Whether using USPS or other delivery services, companies must account for hard costs including envelopes, stamps, and paper. Businesses that adopt AP automation can reduce accounts payable and payment costs by up to 60 percent. Seventy-eight percent of organizations were targeted in 2017, up four percent from 2016.
AvidXchange
OCTOBER 11, 2022
The challenge: High turnover rate and long approval process The accounts payable (AP) department of Saban Community Clinic struggled to retain qualified healthcare AP workers, making it difficult to maintain business continuity and process invoices and payments on time.
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