Accounts Payables

AP Automation, and The Best Practices For It: AP automation, also known as accounts payable automation, is the practice of handling accounts payable operations digitally rather than manually. It has transformed the way businesses handle and pay bills. Holistic accounts payable automation provides automated business payment processing from start to finish. This begins with software that captures invoice data in a digital format, typically by a scanning or capture method such as optical character recognition (OCR). The AP system Read More

Are you having trouble managing your outsourced payables and receivables? We have been there done that! As you know, managing your payables and receivables is the most significant aspect of your business at all stages. You may get overwhelmed with the kind of cash you’d have to handle, and keep everything intact and going. Fret not, below are some really simple techniques you can adopt to disentangle yourself from all the payables & receivables hassles. Read More

It is rather an accepted norm to view outsourced Accounts Payable services as a traditional mandate. However, each passing year we witness fleeting trends that influence and impact the outcomes of Accounts Payable. As we stand midway across 2019, now is as good a time as any to assess and analyze the strategies and trends that have made a difference this year. With trends and tactics evolving every day, it is highly critical to stay Read More

Every organization witnesses a skills gap; 75% CEOs feel their in-house team isn’t adept enough to keep up.Keeping that in mind, it is always helpful to define clear, precise and well-defined workflows and practices in every business process. Here are some tips and best practices to Improve Accounts Payable efficieny. A better Procure to Pay process will not only benefit your working capital, cash flow, and vendor relationships but go the extra mile help you Read More

One of the most popular and favorite segment that is Outsourcing Your Procure To Pay Processes or Accounts Payable processes. It’s pretty simple, why companies do that- P2P processes are completely a transnational one, hence most of the companies would like to free up the time and resources engaged in the P2P process and engage them more in strategic planning for their growth and development. Not only do the companies benefit from the labor arbitrage Read More