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.

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

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.

Accounts Payable 40

Accounts Payable Accounts Payable Accounting Accounting 40

NextProcess

SEPTEMBER 26, 2023

If it’s like 69% of companies surveyed in a 2017 study, then you don’t have total visibility into your supply chain ( GEODIS, cited by Finances Online ). This is primarily because good procurement automation software is going to centralize the process, streamline procurement, and automatically collect accurate data.

Purchase Order 52

Purchase Order Record Keeping Collections Budgeting 52

NextProcess

AUGUST 29, 2024

This is especially true if you also automate accounts payable when you automate procurement. According to one 2017 study, only 6% of surveyed companies have total supply chain visibility ( GEODIS, cited by Finances Online ). You’ll also have the tools to easily monitor vendors for issues, such as a pattern of late deliveries.

Collections 52

Collections Record Keeping Invoicing Accounts Payable 52

NextProcess

AUGUST 29, 2024

This is especially true if you also automate accounts payable when you automate procurement. According to one 2017 study, only 6% of surveyed companies have total supply chain visibility ( GEODIS, cited by Finances Online ). You’ll also have the tools to easily monitor vendors for issues, such as a pattern of late deliveries.

Collections 52

Collections Record Keeping Invoicing Accounts Payable 52

AvidXchange

JULY 29, 2021

There are several misconceptions about robotic process automation (RPA), how it works and why it’s important in the context of accounts payable (AP) automation. 4 Technologies Powering the Future of Accounts Payable Automation A lot happens behind the scenes to power accounts payable automation.

AP 40

AP Accounts Payable Accounts Payable Invoice Processing 40

AvidXchange

SEPTEMBER 17, 2024

And Ben has been a member of the Vantaca leadership team since 2017, serving in various executive level strategy and operational positions. So you joined the Vantaca team in 2017. It means collecting money, paying vendors, uh, governance, all these processes. And so maybe that’s kind of a good lead into my next question for you.

Accounts Payable 64

Accounts Payable Accounts Payable Collections Accounting 64