AP departments or accounts payable departments are a crucial part of a company. However, if they use conventional methods, they take up too many resources. In terms of both workforce and cost requirements, the AP department is up there. With other departments, this...
Digital Payments – Payment Methods Originating from AP Automation
There are many payment methods available to a company for accounts payable. Each of them has its advantages and disadvantages. When it comes to choosing one of the methods, it can be overwhelming. Researching each method and trying to apply every one of them according...
Why Virtual Cards Are The Next Big Thing in AP
Accounts payable or AP department is the one that handles all the transactions to vendors and other businesses. To be more specific, accounts payable is the portion of the finance department responsible for transactions of received goods and services. Therefore, all...
Digital AP Payment Methods Originating from AP Automation
There are many payment methods available to a company for accounts payable. Each of them has its advantages and disadvantages. When it comes to choosing one of the methods, it can be overwhelming. Researching each method and trying to apply every one of them according...
A Brief Review of Amazon Web Services(AWS)
Infrastructure as a service or IaaS is a cloud computing service that offers various services on a pay-as-you-go basis. These services may often include needed services like computing resources, storage, and networking resources on demand. It is one of the four types...
What is AP/AR netting, and Why is it Necessary?
Accounts payable and accounts receivable departments are the most essential parts of any company. They make sure that any transactions that need to be made in your company are done safely and successfully. These transactions are done to pay vendors and customers (or...