Snap Tips

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

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records are never there when you need them, and create discrepancies as your organization and your suppliers deal with outdated or inaccurate copies of purchase orders or invoices.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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  • November 9, 2017

VIDEO: P2P Accounts Payable Tips – Getting Rid of Lost Paper

Paper-Free is Headache Free! It’s so commonplace it’s almost cliché; the image of the business professional literally buried in paper, peeking out from behind a massive stack of files that threaten to consume his or her desk. And where is that invoice or purchase order that you need? Deep within the stack? Or was it […]

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  • October 1, 2017