Don’t Do These 13 Things If You Want Your Business Process Automation To Be Successful

Business process automation

Business process automation (BPA) is a strategy that can yield tremendous results when implemented correctly. But despite the fact that many automation software providers have made their products easy to set up, some businesses are still getting it wrong.

How should you approach business process automation? What should you do and what should you not do? Who should be involved and why? If you find yourself asking any of these questions, read on. We’ve got you covered.

Read more

How To Keep Negativity Out Of Your Mind And, In Turn, The Workplace

busy person pyrus

You are your biggest critic. A positive mind can lead to a positive life, but it can be difficult keeping negative thoughts at bay. They stay there in the back of your mind, and all it takes is one little crack and they’re in. These can effect your personal life, as well as your professional career.

Read more

How To Grow Your Small Or Medium-Sized Business With Workflow Automation Technology

How to Grow Your Business

As a business owner in today’s competitive world,  it’s crucial that you implement strategies that can help your business grow and stand out from the crowd. Otherwise, you’ll be left behind.

One such strategy — and pretty much an effective one at that — is workflow automation. Workflow automation technology offers many benefits, including being able to give your small or medium-sized business (SMB) a competitive advantage, setting it up for expansion.

Read more

15 Tips For More Efficient Accounts Payable Workflow Management

Workflow management

Your accounts payable department is responsible for vendor invoice processing, approval, and payment. Within these functions, there are several different workflows, and to manage these workflows effectively, you need to be equipped with practical ideas. This guide contains some nuggets of wisdom to help you manage your accounts payable workflows for better performance, increased operational efficiency, and a better bottom line.

Read more

Going Paperless: The Smart Guide to Cloud Storage

Cloud Storage

Did you know that paperwork is a major productivity killer in the workplace? Not only can it sabotage your efficiency, it’s even expensive to manage. Yet studies reveal that the average American office worker uses about 10,000 sheets of paper per year. This is an alarming figure, considering the availability of advanced technology in today’s world. It seems like things are particularly designed to help businesses go paperless.

Read more

What Is Business Process Management And How Can It Help Your Business?

Business process management

There is a lot of noise in the technology world, and this noise can make things confusing. It’s especially true for the non-geeks, who would prefer to focus on their business and just take advantage of technology to move their work forward.

You’ve likely heard  such terms as “BPM,” “workflow automation,” and so on, whether it was on the Internet at large or here on the Pyrus blog.

Read more

3 Types Of Friends Successful People Surround Themselves With

friends in plaid

It’s safe to say that most of us have friends, and not all friendships need to be beneficial past the point of enjoying each other’s company, but the people you surround yourself with can have a huge impact on your life, both personal and professional. This can be in a positive or negative way,  the key is realizing early on if this person will help lift you up and make you a better person or bring you down and cause stagnation.

Read more

Is This The Secret to Seamless Invoice Matching?

Invoice matching

“Accounts payable invoice matching” refers to the comparison of prices, quantities, terms, and other relevant information appearing on an invoice with the information on the purchase order (PO), the goods received note (GRN), and the acceptance or inspection documents. It is usually performed for goods and services ordered through a PO, and is one of the basic steps in invoice processing, necessary for an invoice to be deemed eligible for payment.

Read more

The 10 Best Practices In Accounts Payable Automation

Best Practices

In automating your accounts payable processes, which steps can you take to make sure you get the best returns on your investment? What are the most effective strategies that will help your team get the most out of the automation tool you choose? What are the best practices to follow in implementing and using it?

Read more

A More Efficient Way to Manage  Your Accounts Payable Documents

Document management

Accounts payable is particularly a document-heavy department. Whether you’re dealing with vendors or upper management, there are usually tons of documents to process and approve, like vendor invoices, reports, purchase orders, and so on.

To work efficiently, you need to be able to manage these documents well. Otherwise you’ll be faced with a business process that holds you back instead of propelling you forward.

Read more

4 Tips To Improve Your Email Etiquette

office life pyrus

It’s probably not something you often think about, you do so many of them and so often that it just becomes second nature and rattling them off becomes like breathing. We’re talking about emails. If you’re in an office setting or work in PR or run a startup, chances are you spend a good amount of your day staring at your inbox or composing emails out. We’ve done them for so long and for so often, that we have the tendency to forget that there is actual etiquette that we should be following when sending out emails to all but our closest friends and colleagues.

Read more

How To Save Your Accounts Payable Team From Late Payments Once And For All

Late Payments

Your organization’s accounts payable (AP) operations can have considerable impact on your overall success. This means you should follow modern business practices in order to make a mark and stay ahead.

One such practice is to pay your vendors accurately and on time. Late payments can result in a number of problems, including:

Read more

The Shocking Truth About Manual Invoice Processing

Invoice processing

Are you still dependent upon a manual system to process your vendor invoices? If so, not only does it mean your system is obsolete, but you’re simultaneously putting yourself and your business in a disadvantaged position.

Here’s the truth about manual invoice processing: this outdated methodology has been found to have over 101 weaknesses, and all of them contribute to a shockingly poor invoice processing experience. Chances are that if you’re still processing your vendor invoices manually, you are encountering these classic problems and harming your productivity. Below are some of the drawbacks associated with manual invoice processing techniques, an explanation of how such techniques have been undermining your accounts payable (AP) processes, and why you need to ditch them ASAP.

Read more

Track These 9 Accounts Payable Metrics To Optimize Your Invoice Processing

Accounts payable metrics

In automating your accounts payable (AP) processes, it’s essential that you track some key metrics. In this post, we’ll explain why this is important, which accounts payable metrics to track, and how to use each one to improve your invoice processing system.

In the end, you should be able to to straighten out your AP workflows and optimize your invoice processes considerably. Let’s get to it.

Read more

3 Things To Consider Before Launching Your Startup

startup main

Launching your startup is an exciting time, but it is not the time to rush to launch without thoroughly prepping. Yes, you’ve been working day and night getting your product or brand ready for its launch, but not properly preparing your business plan and other business essentials before launch could set you behind before even starting.

Read more

7 Common Misconceptions About Workflow Automation

Accounts payable automation

There’s been a lot of talk lately about the power of workflow automation and what it can do for a business. However, some companies are reluctant to embrace this phenomenon.

Why would an innovative organization in the 21st century ignore a concept that’s easy to implement and yields tangible advantages? The answer has to do with common misconceptions and myths that have arisen over time.

Read more

10 Ways Workflow Automation Cuts Invoice Processing Costs

Invoice processing

Have you ever wished you could cut back on your invoice processing costs without sacrificing efficiency and work quality? A study carried out in the United States showed that an average company spends as much as $25 pushing one invoice through a paper-based system. At the same time, half of all companies  take between five and 15 days to process a single invoice when they do so manually.

Read more

Top 5 Accounts Payable Processes to Automate

Top 5 Accounts Payable Processes

The main responsibility of accounts payable (AP) departments is to ensure all valid invoices from vendors are approved, processed, and paid.

That sounds pretty simple, doesn’t it?

Well, in practice, it’s not always so.

From arrival to payment, invoices often go through several processes depending on an organization’s business rules. These processes can be tasking, especially if the company has a whole slew of invoices to process.

Read more

A Step-By-Step Guide To Automating Your Accounts Payable Processes

Step-by-Step Guide to Automating your Accounts Payable Processes

We’ve already given you 15 reasons why you should automate your accounts payable (AP) processes. It saves time, reduces costs, leaves your employees free to do the more-pressing tasks they need to tend to, and so on.

In today’s post, we’ll take you through the step-by-step process to go from a paper-based accounts payable invoice processing to a fully automated system. It’ll go off without a hitch once it’s set up, but first, let’s start with the basics.

Read more

5 Ways Successful People Think Differently

business teamwork pyrus

It can be easy to get in a funk, especially if you’re a business owner or entrepreneur. Sometimes, it seems like the more you push forward, the more you’re pushed back. It can seem like the whole world is against you and if you aren’t prepared for these lows, retreating and giving up on your dream can feel like the only option.

Read more

Duplicate Payment? Here’s How To Never Pay The Same Invoice Twice

Duplicate payment

Duplicate payment is a major financial drains facing organizations today.

When you accidentally pay the same invoice twice, you’re of course tossing money away unnecessarily. This eats into your margins and  inhibits your company’s financial progress. Who could ever stand for that?

In its 2014 annual report, the US Government Accountability Office (GAO) disclosed that it was involved in preventing such improper payments of $124.7 billion within just 22 federal agencies. The report is government-specific, but it tells the same story for business.

Read more

Is One Of These 7 Accounts Payable Mistakes Holding Your Business Back?

Accounts payable mistakes

Accounts payable invoice processing may not be the most exciting task in the world, but it remains an essential one for every organization that wants to pay its vendors.

Without managing your accounts payable (AP) methodology effectively, you can too easily lose value on your team’s effort, mistakenly cost the company literal money, or even damage your professional relationships.

Read more

Tips On Networking The Right Way

networking main pyrus

Networking can be an intimidating process, especially for those of us that are on the shy side, but can be necessary in getting your name or business out to the world. While each encounter is different, there are some basic guidelines you should follow when drumming up conversation at a networking event or meetup.

Read more

What Your Body Language Says About You In The Work Place

Whether wrong or right, body language can be a big factor in how people perceive you. In a world where less face time is had thanks to different technologies and work ideologies, body language is still as important, if not more important, when you do have those in-person meet ups. Whether you’re a department lead or going in for an interview, the way you carry yourself matters, and we’ve detailed a couple things to pay attention to, regardless of what side of the desk you’re on.

Read more

Team Management Tips for CFOs: How to Get Your Accounts Payable Team to Work Together More Efficiently


Getting a team to work together efficiently can prove a challenge, especially if the team’s task is no fun and no one wants to finish it.

An inefficient team can cause unnecessary waste, missed delivery dates, and lots of unnecessary stress.

As a CFO who knows that invoice processing is hardly a fun task, how can you get your accounts payable (AP) team to work together productively, make the best use of their resources, and deliver quality results more quickly?

Read more

15 Reasons Why You Should Automate Your Accounts Payable Workflow Today

Workflow automation

It’s time to talk about optimizing one of the least-sexy business processes out there: invoice approval.

When invoices are processed effectively, it directly yields a positive impact on turnaround time, operational efficiency, and your overall bottom line.

Traditionally, invoices are processed and approved manually, but it’s important to understand that there’s a better way to do this in the 21st century and it’s automation.

Read more

5 Warning Signs That You’re Using An Inferior Invoice Processing System

Warning Sign

If you make regular purchases to facilitate running your business, chances are you have some vendors you have to pay.

You need an invoice processing system to pay your vendors efficiently.

“Invoice processing system” refers to everything that goes into the processing of invoices — the human input, the tools, and the process that takes you from capture to payment.

Read more

5 Ways To Make Sure Your Meetings Are Productive Ones

Meetings, in theory, are great, but the harsh reality is that many meetings are unnecessary. Even the ones that don’t fall under the ‘unnecessary’ category have the tendency to be unproductive, whether it’s from being poorly planned or from employees who would rather be anywhere else. All is not lost, however, you simply need the tools and know-how to make your meetings work for you and your employees.

Read more