What if you had software that took care of cataloging, updating inventory, confirming orders, issuing POs, issuing invoices, and processing payment? Let’s talk about P2P.
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Your reliance on checks ultimately depends on the needs of your business. Let’s take a closer look at which parts of checking are worth riding out and which parts are worth avoiding.
Compared to your competitors, paper invoicing makes you slower, less efficient, and more prone to errors. Switching to electronic invoicing seems like a no-brainer, but let’s look at the list of benefits in case you’re still unsure.
Simply put, businesses that go digital survive. Businesses that don’t will die. With many digital routes available, here are a few that can work for you.
Companies need diverse groups of employees to work cohesively in order to make the business succeed. One of the best ways to grow this cohesion is by reducing employee turnover. Let’s take a look at some of the ways you can keep your employees productive and willing to work for you each year.
Let’s face it: Cash is outdated and has been for some time. So how do you get your money in a safe, timely manner? In this article we take a look at possible payment methods and weigh the benefits against the drawbacks.
The field of accounting has been especially influenced by the advancement of technology in the workspace. In this article, we discuss the changing field of accounting, how technology benefits the accountant and common services used by accounting firms.
During a pandemic, the longer you wait to automate, the more you risk your department becoming obsolete. Even though times are challenging, the time is now to automate more of your operations.
As accounts payable departments have evolved, so has the need to stay updated about its future and how much more it may change with current technology – let’s take a dive into the evolution of accounts payable and how the job description has changed over the years.
Anytime you find out an employee is committing fraud in your company, it hurts. For our last entry in our three-part series, we’re going to cover a source of fraud that sometimes hits on a more personal level–kickbacks.