Set up an accounts payable process to ensure vendors are paid on time, reduce duplicate payments, and maintain accurate financial records for your business.

Keeping track of the money your business owes its suppliers and vendors is crucial to its financial health and long-term viability. That’s why all businesses need an accounts payable reporting process ...

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Almost 80% of companies are forecasting an increase in the volume of payments processed through accounts payable systems and 75% expect an increase in the number of invoices handled via their accounts ...

In accounts payable (AP) departments around the world, mistakes are happening day after day. Suppliers are onboarded without proper vetting. Duplicate payments are made. Fraud occurs in the ...

Accounting systems and accountants must follow a set of principles called generally accepted accounting principles, commonly referred to as GAAP. These principles define the way certain transactions ...

Supply chain managers have long faced challenges when it comes to accounts payable and procure-to-pay (P2P) processes. Despite the shift to digital taking place across all industries, many ...

CINCINNATI--(BUSINESS WIRE)--More than half of business-to-business payments are still made by check. According to one study, the average amount per payment and manual invoice is just $22. 1 Sibcy ...

IRVINE, Calif.--(BUSINESS WIRE)--Kofax®, a leading supplier of Intelligent Automation software for digital workflow transformation, today announces the latest version of Kofax AP Agility®, a ...

Accounts payable represents money a company owes to suppliers for goods or services bought on credit. Effective management of accounts payable helps maintain cash flow and build supplier relationships ...