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Taking Control of Fixed Asset Management: Why Your Business Needs AP Automation

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Proper maintenance and upkeep are necessary to ensure that the assets continue to provide value over time. Businesses must account for the depreciation of their fixed assets to take advantage of significant tax benefits and accurately report their financial performance to make informed business decisions.

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How AP Automation Goes Beyond Cost-Cutting For Businesses Willing To Change

PYMNTS

By its very nature, accounts payable (AP) is a cost center: It’s where money leaves the enterprise, after all. At the highest levels, accounts payable has the opportunity to even add money to businesses, too. “There are a lot of cost savings from a real estate standpoint,” she said.

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AP Professionals Often Their Own Biggest Hurdle In Automation

PYMNTS

But when it comes to money, businesses may be reluctant to hand the reins to a third party. With pressure mounting for the enterprise to digitize, accounts payable automation is seen as a crucial part of achieving greater efficiency, cost savings, visibility into spend and strengthening of vendor relationships, to name a few benefits.

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Procure-To-Pay Guides The Middle Market Into The Cloud

PYMNTS

As these businesses migrate to the cloud and upgrade their back-office systems, their service providers are tasked with finding the middle ground between offering sophisticated, cloud-based solutions and ensuring that those tools are user-friendly to accommodate first-time users.

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SAP Concur Launches ERP Integration With VAI

PYMNTS

A corporate travel and expense management solutions provider has struck a partnership with ERP software company VAI, according to an announcement on Wednesday (Aug. SAP Concur’s solutions include accounts payable, expense management, invoice automation, travel booking, mileage tracking and other tools. million deal.

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The Hard-Dollar Value Of Buyer-Supplier Collaboration

PYMNTS

In a recent interview with PYMNTS, SourceDay founder and CEO Tom Kieley explained why buyer-supplier connectivity — in real-time — is essential for the entire direct spend and procurement process, from sourcing through to payment and beyond. It involves assessing and comparing lead times, delivery schedules, product quality and more.

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PARS For A New Course In B2B Payments

PYMNTS

He likened his firm to a bridge between the accounts payable and receivable worlds as it relates to credit card usage and acceptance. How, then, to un-entrench? How to streamline payments between buyers and suppliers who are unaware that new technology can significantly enhance operational efficiencies?

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