Is One Of These 7 Accounts Payable Mistakes Holding Your Business Back?
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.
Invoice Processing
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?
5 Warning Signs That You’re Using An Inferior Invoice Processing System
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.
