Beanworks Blog
-
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.
-
Future of Accounting
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.
-
Remote Accounting
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.
-
News & Updates
International Women’s Day: How Beanworks CEO Catherine Dahl is Breaking the Bias
The latest statistics from the World Economic Forum state that it will now take more than 135 years to close the gender parity gap in the workplace. But the CEO and founder of Beanworks, Catherine Dahl is not having it. Learn her own perspective on parental leave and supporting women in the workforce.
-
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.
-
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.
-
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.
-
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.
-
Customer Stories
TELUS World of Science: “Beanworks has been a huge time saver for our AP team”
The biggest challenge that motivated TWOSE to automate AP was a slow and frustrating approvals process. With 50 managers tasked to sign off over 200 invoices per month, the finance team was getting bogged down by delays.
-
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.
-
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.
-
Customer Stories
Master Budget with AP Automation: This Home Builder Shows You How
Moving to AP automation provided the budgetary controls that Sorensen needed. Through Beanworks, the company gained the ability to track committed spend. They were also able to manage spending by department, project, or vendor.
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.
