Beanworks Blog
-
Accounts Payable
With So Many Payment Options, How Do You Choose the Best One For You?
From virtual credit cards and e-check to ACH, wire transfers, or traditional paper checks, there are more ways to pay than ever before. Understanding your options can help you make the right decision for your business.
-
Accounts Payable
Numbers Don’t Lie…Or Do They?
It’s easy to amass information. In fact, these days we’re inundated with it from all directions. The challenge for companies is to ensure that it is accurate and that they know how to transform it into actionable insight.
-
Accounts Payable
Thinking of Automating? The Barriers Aren’t As Big As You Think
There are a few common questions that companies have about potential barriers to digital transactions, but a closer look reveals that they aren’t the hurdles they are perceived to be.
-
Accounts Payable
Top KPIs Every AP Professionals Should Track
Here are the top 5 KPIs that will provide AP professionals with the actionable insights needed to raise their AP teams to the next level.
-
Accounts Payable
The True Cost of Manually Processing Invoices
Even in the best of times, it is vital for organizations to keep a close eye on their operating costs. It’s even more important when the economy seems volatile.
-
Accounts Payable
The Scoop on Virtual Credit Cards
This use of virtual credit cards is increasing, but how do they compare to other methods of payment?
-
Accounts Payable
Want To Stop Chasing Invoice Approvals? Here’s How Automation Makes It Possible
Innovation and necessity are driving businesses to adapt how they approach procedures like accounts payable. Here's how that impacts your AP approvals.
-
Accounts Payable
Let It Flow: How AP Automation Helps Liquidity
Automating your accounts payable process can be your secret weapon, giving you the means to achieve the ideal balance when it comes to your business’ money.
-
Accounts Payable
Conducting Remote Audits? Here’s What You Need to Know
For teams who are still adapting to things like remote audits, several best practices can help ensure that the new process is successful.
-
Accounts Payable
Guardians of the Budget: Transforming Accounts Payable Into Revenue Heroes
Wasting money is like kryptonite for running a successful business. The good news is, there are simple steps you can take to transform your AP team into revenue heroes and keep your company financially strong.
-
Accounts Payable
An Inside Job: Internal Fraud and How to Prevent It
Internal fraud can wreak havoc on your company. Learn how to identify the risks and the steps to take to protect your finances.
-
Accounts Payable
Making a Business Case for AP Automation
Building a robust argument for AP automation is easier than ever. Here is each factor that can help establish the financial basis for making the change.
-
Accounts Payable
Want to Get Financially Fit? Your AP Needs To Develop These 3 Habits
Building a healthy accounts payable department is a bit like developing a good physical fitness regimen. You have to develop the right habits and put them into practice.
-
Accounts Payable
Three KPIs Your Finance Department Needs in 2022
If the DPO is too high, it indicates that your business is paying vendors late; if it’s too low, you may not be taking sufficient advantage of the credit terms.
-
Accounts Payable
Virtual Credit Cards and Your Business: Everything You Need to Know
Virtual credit cards are becoming increasingly popular. Here's what you need to know about how they work and their benefits.
Straight To Your Inbox
Stay up-to-date on top accounting and finance trends
Sign up for our newsletter and receive our latest resources, news and insights.
Learn More About Beanworks
Discover how AP automation can free your accounting team from manual data entry, delays, and paper-based processes.
