Snap Tips

VIDEO: P2P Accounts Payable Tips: High Cost of P2P

  Show Me the Money! We’ve all heard the old saying, time is money. For those who handle the accounts payable process in a busy organization, this isn’t just cliché, it’s truth! Time is often stretched to the limit, so efficiency is a must. Dealing with ever changing paper records, fielding unnecessary supplier inquiries and […]

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  • March 5, 2018

VIDEO: P2P Accounts Payable Tips: Surprise-A Lost Invoice Appears

Avoid Blind Dates Surprises can be fun. They spice up romances, lead to priceless airport moments and make for some great birthday parties. In the accounts payable department, though? Not so much. The discovery of an unpaid past-due invoice can send a chill through an unsuspecting AP department. With large quantities of paperwork in and […]

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  • March 5, 2018

VIDEO: P2P Accounts Payable Tips: Access to Information

  Access to Information We’ve all heard that knowledge is power, and this certainly rings true within your Procure to Pay process, where easy access to information is essential. Throughout the course of the purchase we find ourselves in constant communications with suppliers, creating and revising purchase orders, approving deliverables, receiving invoices and finally making […]

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  • February 20, 2018

VIDEO: P2P Accounts Payable Tips: Inaccurate Cost Reports

The Truth, the Whole Truth and Nothing But the Truth Alexander Pope once said: “To err is human, to forgive is divine,”. Suppliers are the lifeblood of a company’s success. At any given time, your busy Procure to Pay departments are dealing with numerous suppliers, creating and revising purchase orders and preparing the information for […]

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  • February 19, 2018

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