As AP departments have implemented automation solutions for invoice receipt and automatic processing, the time difference between a correct invoice and one with an issue is becoming increasingly...
The Accounts Payable department is one of the areas that can generate the greatest savings for a company if managed properly. Outsourcing is one of the best ways to achieve these savings and efficiencies. However, in order to evaluate this potential improvement and make comparisons, it is necessary to...
We are seeing how the digital and online environment is taking over the business world at all levels. The AP (Accounts Payable) area is one of the areas that benefits most from this transformation. Do you know why? The following video tells you about Javier, and...
According to a publication in the Official State Gazette (BOE) on December 28, 2013, a process has been initiated to promote electronic invoicing in public administration, which will culminate on January 15, 2015, when the deadline will end for companies that supply and provide...
Gaining competitive advantage allows companies, among other things, to move faster, increase profitability, and gain market presence. Generally, the easiest process to control in order to increase profits is cost reduction, as opposed to complexity...
In any field, and especially in the business world, it is important to base decisions on reliable and effective parameters. In this article, we will outline some of the main values that constitute the billing indicators that...
Faced with the wide variety of obstacles and barriers that one may encounter when attempting to introduce change in any department related to accounting and AP processes in a company, the most dangerous and widespread is usually the fact that...
According to a study conducted by Lexmark on document and process management in business administration, 59% of employees consider the administrative processes in their company to be too complicated. They also consider that they take...
Until very recently, professionals in the Accounts Payable area in companies were recruited based on a list of skills or talents, among which those related to accounting and simple data entry were the most important. Competencies of a...
