Many corporate finance leaders want a more productive, streamlined, automated digital system that is paperless but know that budgetary restrictions would not allow for building a business case for accessing the capital required to improve their organizations. This is a common misconception based in these facts: ERP system upgrades are expensive and time consuming (7-9 months conservatively) and require outside consultants; onboarding to a new ERP system is more expensive and more time consuming (12-24 months) and also requires consultants as well.

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Solving Accounts Payable Problems

Written by Eric Jefferies | Thu, Oct 18, 2018 @ 04:11 PM |

If you're in Accounts Payable, you probably realize that things aren't quite as automated and streamlined as they are in some other departments in your organization.  This is true for even the most progressive companies.  It's for good reason, too.  Controllers want to maintain control of cash going out the door.  Cash is KING in any organization!

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It's Accounts Payable Appreciation Week and we thought we should share some of the ways that this unsung hero of every business can really impact the company and it's overall performance. 

Of course, we should clarify that we are talking about an Accounts Payable Department that is automated and issuing electronic payments.  Electronic Accounts Payable can provide advantages such as time-savings, controlled expenses, added flexibility and greater visibility to cash-flow.  But there are greater advantages that this department can make on your business that you may not have considered:  

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