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In honor of Halloween, we'll begin today's blog post with a scary story. 

Like all great scary stories, this story is based on real events. Be warned: this story is not for the faint of heart. By the end, the thought of invoice fraud will genuinely haunt you (if it isn't haunting you already). The good news is, there are ways to ensure you don't end up in a real-life invoice fraud nightmare.

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Two Recent Awards and Why They Matter to You

Written by Eric Jefferies | Thu, Nov 01, 2018 @ 10:48 AM |

Typically in our blog postings we don't toot our own horn.  We usually talk about finance, accounting, accounts payable and accounts receivable and how they can be improved, what steps to take to improve them and at the end of each blog, we offer some related reading or videos to support someone who has taken the time to read our posting, knowing that they may have more questions or want more details thereafter. 

In today's blog posting, however, we are going to take a moment to pat ourselves on the back for two awards received this month and tell you why they probably should matter to you: 

First -- OnPay Solutions has been named to CFO Tech Outlook's Top 10 Accounts Payable Solution Providers - 2018.  Our platform is recognized as streamlining and optimizing Accounts Payable departments everywhere.  From mid-sized businesses that issue 600 payments a month, to large, diverse organizations with multiple locations and P&Ls and diverse banking relationships, we can transform manual paper processes to electronic processes and make the department infinity more productive.  

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Accounts Payable Automation streamlines the Accounts Payable Department resulting in reduced manual processes and improved operational efficiency while reducing the overall cost associated with the department.  There are two processes and two transformations that can occur.  One is much easier than the other to implement.  

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Many businesses today are leveraging new payment technologies to issue payments within accounts payable to streamline processes, cut costs and reduce risk.  

One of the newest forms of electronic payments is vCards, which you will find can make your process inexpensive, fast, convenient, all while providing a higher level of security to your company.

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Accounts Payable Automation Strategies for Success

Written by Carmen Wilson | Thu, Apr 26, 2018 @ 05:02 PM |

As a financial leader in your organization, you may wonder about the exact steps you can take to improve accounts payable and even increase your cash flow. Also, how to get the best returns on your investment, should you select a new software for accounts payable.

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5 Myths Holding Companies Back from A/P Automation

Written by Chelsea Freitas | Thu, Mar 29, 2018 @ 04:49 PM |

Everyone has fears, whether in your personal life, at school, or at work. Sometimes people allow fear to control decisions and actions. Accounts Payable automation seems to have common myths or preconceived notions that we'd like to dispel.  

Below are 5 myths which may be holding your company back from automating Accounts Payable

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Four Ways Payments can Impact your Business

Written by Chelsea Freitas | Thu, Feb 08, 2018 @ 03:33 PM |

Accounts Payable automation technology has opened several doors for companies especially when payment automation leads the way. An automated electronic payment program can offer many advantages such as time-savings, controlled expenses, user-friendly platforms, reduced risk of payment fraud, add flexibility, and peace of mind.

Here are four more ways they impact your business that you may not have considered:  

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