Snap Tips

VIDEO: P2P Accounts Payable Tips: OCR vs Portal

  Portal to Prosperity Nobody said the accounts payable process was simple. The road from procurement to payment is littered with paperwork, keeping AP departments on their toes at all times. A multitude of programs exist, promising to streamline this process, but not all software programs are created equal. Some would have you believe that […]

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  • February 6, 2018

VIDEO: P2P Accounts Payable Tips: Keeping Data Secure

Safety For Numbers Peace of mind. In the digital era, it can be difficult to come by. Even as increasingly sophisticated software makes business processes and procedures more efficient, intuitive and accurate, security remains a concern. What’s the point in solving efficiency and accuracy problems if data security becomes an even bigger headache? The Procure […]

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  • February 6, 2018

VIDEO: P2P Accounts Payable Tips: Call from Internal Customers

  Talk Amongst Yourselves One of the keys to unlocking your organization’s potential is communicating with the outside world. Effectively sharing information with suppliers, customers and the public at large is one area where companies can gain a competitive edge. But what about internal communications? In the accounts payable department, with purchase orders, revisions, invoices […]

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  • January 15, 2018

VIDEO: P2P Accounts Payable Tips: Lack of Internal Controls

  Cruise Control We’ve all seen it, an invoice comes in for approval, but the material is already consumed. Without the proper approvals process in place to manage spending up front, there is no way to be sure what has been committed. The result is often overspent budgets, inaccurate cost reports and even fraud. Implementing […]

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  • January 1, 2018

VIDEO: P2P Accounts Payable Tips: Too Many Supplier Calls

Leave Me Alone! We’ve all heard the saying, give someone a fish and feed them for a day, teach someone to fish and feed them for a lifetime. But does the same hold true for information on invoices and purchase orders?  Unexpected phone calls or emails are the enemy of productivity. While working on an […]

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  • December 14, 2017

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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  • December 11, 2017

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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  • November 20, 2017
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