Supplier Portal Software: Identifying What You Need
Supplier portal software has become a standard part of the AP technology stack. Most mid-market and enterprise organizations now have some form of vendor-facing portal, a place where suppliers can…
How you bring vendors in sets the tone for everything that follows.
Supplier portal software has become a standard part of the AP technology stack. Most mid-market and enterprise organizations now have some form of vendor-facing portal, a place where suppliers can…
Vendor payment fraud is a financial risk. Like most financial risks, it can be managed through a combination of prevention, process controls, and coverage.
Vendor payment management software has gotten very good at what it was designed to do.
Most organizations don't go looking for a better vendor system until something breaks.
You've invested in vendor payment software. Maybe it automates your payment runs, integrates with your ERP, handles ACH and wire payments, reduces check volume, and gives you a cleaner approval…
A vendor master file audit examines how your organization creates, changes, authenticates, and retires vendor records, and whether the controls around those records actually hold. Preparing means proving those controls…
Ask most AP teams how they authenticate their vendors, and they'll describe their onboarding process.
Every year, accounts payable teams process millions of payments to vendors they can't fully authenticate. They trust the data in their ERP. They trust the form that was filled out.…
Organizations talk about the benefits of AP automation constantly. Finance leaders want faster invoice processing, fewer errors, and greater visibility into payment operations. Technology vendors promise streamlined workflows and improved…
Ask ten finance leaders, “What is AP automation?” and you will likely hear ten slightly different answers. Some will describe invoice scanning software. Others will focus on electronic approvals or…