With 39% of Accounts Payable departments reporting high invoice processing costs and substantial errors as their biggest challenges, inefficient invoice workflow management poses a significant risk to business performance. Simply put, an invoice workflow is a process that determines how business routes… Read more »

As businesses from around the world embrace digitization to cut costs and enhance efficiency, most try to leverage the financial and operational benefits offered by accounts payable software. AP software plays a critical role in automating key processes in accounts… Read more »

The Accounts Payable cycle is a complex process affected by several rounds of approvals, payment delays, as well as, lack of visibility. Managers relying completely on manual AP processes suffer from these problems routinely, creating problems for the organization’s workflow.… Read more »

As countries across the world adopt social distancing measures, businesses are implementing remote work policies to stay functional. People can longer work side by side, and thus, have to rely on remote solutions to carry out their jobs. To resolve… Read more »

The emergence of Covid-19 has affected supply chains across the world. According to RapidRating’s State of Supply Chain Survey, after COVID-19, only 29% of businesses remain fully operational, with 57% of them being partially open. In the absence of raw materials, businesses… Read more »

The company mailroom has traditionally been one of the most chaotic departments in an organization. With packages and envelopes flooding in now and then, it has always been full of manual activity and, thus, prone to errors. These traditional systems… Read more »

Disputes are a cause of concern for businesses all around the world. Companies have to handle various types of disputes routinely to ensure the smooth operation of their businesses. While administration disputes, delivery disputes, quality disputes are common, invoice disputes… Read more »

In an ever-changing business landscape, retail businesses constantly rely on cutting-edge technology to stay ahead of their competition. Retail business workflows are plagued with complex and manual processes for managing seller payments. Not only do these manual processes down business… Read more »

Whether you are an entrepreneur, an SMB owner, or a manager of a multi-national enterprise, maximizing productivity and efficiency within your organization’s workflow will reap countless benefits for your business. However, if you still rely on manual procedures for accounts… Read more »

Robotic Process Automation (RPA) is an innovative technology that transforms how businesses manage the Accounts Payable department. It allows businesses to design software that interacts with different digital systems and imitates the actions of their employees. RPA software integrates different… Read more »