Snap Tips

VIDEO: P2P Accounts Payable Tips: Late Payments

Don’t Be Late for an Important Date With high volumes of accounts payable and purchase orders, it can be easy to find yourself drowning in outstanding invoices. Late payments can be detrimental to your organization’s valuable supplier relationships. Failure to organize and manage your AP process efficiently results in missed deadlines, leading to poor relationships […]

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VIDEO: P2P Accounts Payable Tips: Long Cycle Times

Time is Money! These days most people wouldn’t write and send their spouse a paper letter to let them know they’ll be late getting home from work or announce their pleasure with a great day by sending out flyers in the mail. By the time your partner received your communication about being late on Monday, […]

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VIDEO: P2P Accounts Payable Tips: Lack of Transparency

Transparency and Truth in Accounts Payable Software Reporting Traditional AP systems often lack transparency, making them convoluted, cumbersome and prone to error. Paper records are never there when you need them, and create discrepancies as your organization and your suppliers deal with outdated or inaccurate copies of purchase orders or invoices. Many software programs lack […]

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VIDEO: P2P Accounts Payable Tips – High Defect Rates

Eliminate Accounting Defects We’ve all seen it time and time again, costly errors in the procure to payment process that waste the valuable time and energy of the accounts payable department. Invoice defects decrease productivity and slow down the payment process, often resulting in missed opportunities for discounts, strained relationships with suppliers and frustrated employees […]

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