Tracy Ortlieb
Even a newcomer to accounting can likely guess the basic framework to Accounts Receivable vs. Accounts Payable: Accounts Receivable is money “to be received” by your business from a client or customer, while Accounts Payable is money “to be paid” by your company for a product or service provided by…
July 26, 2016
Matt Lim
Our research shows that many organizations don’t recognize purchasing as a strategic business function that warrants its own carefully structured process and procedures. Many times, purchasing takes place outside the realm of accounting, and as the transaction is processed, payables staff are often left chasing down paper or email evidence…
July 21, 2016
Rudy Yuly
Common AP problems —and why manual processing makes them a thousand time worse In the first article of the AP Automation series (read here) we spoke about what AP Automation is exactly, and why some are so hesitant to buy in. Now, we talk about why you need it in your company…
July 19, 2016 Don Morgan
Companies are often confronted with a competitive disagreement between departments and management over their relative importance and contributions that can lead to inefficiency. That’s the case with procurement and logistics as they relate to supply chain management.
July 12, 2016 Rudy Yuly
Let’s say you’re sitting in front of a big pile of paper bills your small business needs to pay. You’ve got your checkbook, adding machine, and ledger at the ready.
July 7, 2016 Rachel E. Diken
People whose minds have a natural inclination for streamlined processes often find themselves in operations, supply chain, or marketing management. And yet, it’s incredibly common for the disconnect between operations and marketing departments to cause businesses to suffer ROI. As businesses continue to turn to the benefits of E-procurement to…
July 5, 2016