Blog

A graphic representing supply chain finances and their relation to AP automation.

A Duo For Economic Agility: Supply Chain Finance Meets AP Automation

July 19, 2024 - Daniel Kimpton

Financial or economic agility describes a business’s ability to swiftly and effectively adapt its financial strategies, processes, and structures in response to emerging challenges, changing market conditions, and internal needs.... Read More

A graphic of figurines pushing puzzle pieces together highlighting how AP automation can facilitate dynamic discounting.

Strategic Savings – How Automated Invoice Processing Can Facilitate Dynamic Discounting

June 18, 2024 - Daniel Kimpton

Dynamic discounting is a financial strategy that gives buyers a discount on the invoice amount if they pay their vendors before the due date. It’s an arrangement that works for... Read More

A graphic of a tablet with automation written above it to highlight why AP automation is making certain decisions obsolete.

Why AP Automation Is Making Desk-Level Decision-Making Obsolete

May 20, 2024 - Daniel Kimpton

Accounts Payable (AP) automation has far-reaching implications for the finance departments of large businesses, and in some cases, it makes desk-level decision-making obsolete. This doesn’t mean that AP automation replaces... Read More

Utilising Automated Invoice Processing To Optimise Your Working Capital

April 12, 2024 - Daniel Kimpton

Working capital is a crucial measure of short-term liquidity and provides a good assessment of the operational efficiency of a business by indicating how well it can cover its short-term... Read More

An employee in the accounts payable department goes through the automated invoices.

How Accounts Payable Departments Can Stop Cuts By Using Automation Software

March 6, 2024 - Daniel Kimpton

Tasks like invoice processing have always been a significant burden for accounts payable departments. The importance of managing payments correctly, combined with the inherent difficulties of maintaining multiple supplier relations,... Read More

An accounts payable member utilising the integration of artificial intelligence within the procure-to-pay process, reflecting the advanced technological solutions that streamline procurement and financial transactions.

Leverage The Options Available In Standard Sap To Streamline Your Organisation’s Procure-To-Pay Process

February 21, 2024 - Daniel Kimpton

Healthy long-term relationships with vendors are crucial for an effective and streamlined procurement process, requiring clear communication and transparency at all times. A positive supplier relationship facilitates the exchange of... Read More

A holographic projection above a tablet displays a network of symbols centred around 'automation, demonstrating how the integration of automation works in simplifying the GRNI write-off process.

How To Simplify Your GRNI Write-Off Process

February 7, 2024 - Daniel Kimpton

It is not uncommon for businesses to receive goods that they have ordered prior to the supplier sending an invoice. When this occurs, the goods are often marked as ‘received’... Read More

A member of the accounts payable department meticulously calculating financial data using a calculator on his desk, highlighting the inefficient and potentially time-consuming nature of manual accounting tasks.

Escape The Bottlenecks Of A Manual Accounts Payable Process

January 24, 2024 - Daniel Kimpton

Automated processes are widely recognised as the key to unlocking improved business efficiency and growth, with benefits including quicker delivery, efficient deployment of resources, lower costs, and steadier cash flow.... Read More

An accounts payable manager stands facing a wall, casting a shadow that depicts a muscular, bodybuilder silhouette, symbolising the empowerment and strength of a well-structured accounts payable strategies.

Best Practices For Creating A Strong Accounts Payable Strategy

January 10, 2024 - Daniel Kimpton

An effective Accounts Payable (AP) department is a vital cog in the business ecosystem, delivering real-time insight into the financial health of the company, optimising working capital, and protecting... Read More

An efficient accounts payable team collaboratively working together and maximising their potential using automation for better synergy and teamwork in modern financial operations.

How Automation Is Maximising The Potential Of Accounts Payable Teams

December 14, 2023 - Daniel Kimpton

Well-oiled Accounts Payable (AP) systems are vital for financial accuracy, operational efficiency, and fraud prevention, ensuring a business’s financial health and security. For years, many AP teams have diligently worked... Read More