Beanworks Blog
-
AP Automation
With a Recession Looming, It’s More Important Than Ever to Control Cash Flow
While effective forecasting is always a tricky business, enough experts are raising concern that businesses are looking for ways to protect themselves.
-
AP Automation
How Long Should I Keep My Accounts Payable Records?
Knowing how to manage document storage may not sound exciting, but it is one of the most important things a company can do to protect itself legally and financially.
-
AP Automation
Looking to Automate? These Tips Will Help You Pick the Right Solution
Using these simple guidelines will take the guesswork out of selecting the right software, ensuring that what you adopt is the best possible match for your organization’s needs.
-
AP Automation
3-Way Matching: What Is It and Why Does it Matter?
When it comes to money, it is obvious that you don’t want to part with a cent more than necessary. For accounts payable departments, one of the best ways to ensure this is to use 3-way matching — a process of verification that uses invoices, purchase orders, and receipts.
-
AP Automation
AP Automation or Document Management System: What’s Best For You?
Future-forward finance professionals imagine a world where technology handles granular, time-consuming work. What do financial reports from last year predict?
-
AP Automation
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.
-
AP Automation
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.
-
AP Automation
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.
-
AP Automation
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.
-
AP Automation
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.
-
AP Automation
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.
-
AP Automation
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.
-
AP Automation
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.
-
AP Automation
What Can We Learn From These Notorious Financial Scams?
71% of 600 finance professionals in North America say that lack of visibility in the payables process left their department open to fraud during this time of uncertainty.
-
AP Automation
Aiming for AP Success? Automation Can Help You Hit a Bullseye
Companies are increasingly moving to automation when it comes to accounts payable. Here are 8 ways automation helps you hit your AP targets.
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.
