Snap Tips

VIDEO: P2P Accounts Payable Tips: Process Hinders Growth

  If you’re not pulling ahead in the world of business, you’re probably falling behind. Indeed, growth is a goal for many organizations, and for those that can deliver on their promises in a timely manner, it’s often within reach. But growth brings with it its own set of challenges that can often be just […]

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  • June 12, 2018

VIDEO: P2P Accounts Payable Tips: Never a Sense of Control

  Control. It’s the opposite of chaos, and whether you’re talking about sports cars, organizational hierarchies or software, it is highly sought after. When it comes to supplier relationships, control can be difficult to maintain. Purchase orders can be modified, while approvals may come in the form of emails, phone calls or sticky notes. Deadlines […]

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  • June 11, 2018

VIDEO: P2P Accounts Payable Tips: Inaccurate Month Ends

  Preparing monthly financial reports can be a time consuming and difficult chore. Collecting expenses and allocating them to the appropriate time period often proves to be labour intensive and can take days, if not weeks to complete. Outdated or inaccurate paper records or inferior non-intuitive software systems only serve to complicate an already cumbersome […]

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  • June 11, 2018

VIDEO: P2P Accounts Payable Tips: Complex to Use Systems

As Easy As Online Banking Got a minute? What if I told you about an online accounts payable software system that centralized your supplier relationship from procurement to payment, putting all the relevant information in one spot, increasing productivity, reducing errors and improving supplier relationships? It’s a no-brainer right? Unless, of course, you need a […]

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  • May 1, 2018

VIDEO: P2P Accounts Payable Tips: Long Audit Process

The Not Necessarily Long and Winding Road A popular bumper sticker reads ‘Now that I’ve finally got it all together, I forgot where I put it.’ For a well-organized AP department, things will run a bit smoother than that, but with purchase orders, revisions, invoices and multiple forms of communication, the auditing process can prove […]

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  • April 30, 2018

VIDEO: P2P Accounts Payable Tips: Disruption of Long Implementation

I Want It Now! It’s been said that the only thing constant is change. This is certainly true in business, where change can be your best friend. Organizations must be flexible and adapt to ever improving processes across the board, or risk becoming obsolete. But change is also notoriously difficult, and time consuming. For these […]

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  • April 16, 2018

VIDEO: P2P Accounts Payable Tips: Delays in Approvals

In today’s fast paced environment, business happens at the speed of light. With suppliers playing such a vital role in your organization’s success, you need your purchase orders and invoices approved immediately, if not sooner. With agility being so critical, frustrations can occur when there are unnecessary delays in approvals. Phone tag, snail mail and […]

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  • March 22, 2018
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