Accounts Payable Automation
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Update on the Princess and the Paper!
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About a month ago I wrote about a book that I had just finished called the “Princess and the Paper”. It is a children’s book that tells the story of a Princess that has to find a hero (Auto – last name Mate) to tame a paper beast. I don’t want to give away the ending, however,…
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Can you believe the nerve of this company?
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I have had a great time this week at the AvidXchange user conference in Charlotte NC. This morning AvidXchange’s CEO, Mike Praeger, reminded the user group of about 150 people who in April the company issued a challenge to the US Post Office. The challenge was, with every electronic invoice managed, AvidXchange will donate $0.10.…
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Build Your Formulas
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Continuing on with “everybody loves a good spreadsheet”, today I am writing about the formulas that make up the cost calculation. If you haven’t been following this series (shame on you) over the past two-weeks I have been writing about finding your cost and the time that is freed up by automation, which is the true…
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I am on a roll – setting up your cost.
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Now that I am in the third week of helping you calculate your cost per invoice and cost per payment, these next few days are going to be wrapping it all up my helping you with a concrete, black and white (no shades of gray) way of knowing your number. The best way to do…
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Find your cost – Steps 4 and 5 – Apply Cost and Do a Little Math
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Everybody loves math… well maybe not everybody. I tell my kids that they will use math for the rest of their lives… to this point they are unconvinced. Last week I wrote about getting back to the basics by defining automaton as being only as good as the time that is freed up. This week…
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Find your cost – Step 3 – Find the time
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Time… what a wonderful thing… we never seem to have enough. I often remind my wife before we had kids we used to sit on the couch at the end of the day and talk about how busy we were… then the kids came along and it “re-defined” busy. Just to recap last week I…
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Why Automate MS Dynamics – GP – Free Book!
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Join me for a webinar today, September 5th at 1pm EST on the benefits that Great Plains users gain from automation and receive a free copy of my book. The 8 Pitfalls for AP Automation with Dynamics Here is the inside scoop: Benefits: Number Based Decisions Benchmarked Change Clear Communication I promise it will be a…
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Top 3 Benefits GP Users Gain From Automation
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The Great Plains User Group (GPUG – love that name!) has asked me to do a free educational webinar tomorrow, September 5th at 1pm EST on the benefits of Great Plains users gain from automation. Here is the inside scoop: Benefits: Number Based Decisions Benchmarked Change Clear Communication I promise it will be a lot more…
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Find your cost – Step 2 – Know your people.
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Know your people huh? I guess the title makes it sound like I am going to have you take each person in your invoice and payment process to lunch. I think you should, but that has nothing to do with today’s topic. As a recap yesterday I wrote about creating a process map to document…
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Find Your Cost – Step 1 – You have to have a map
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Last week I wrote about defining accounting automation by applying a number to the impact automation has on an organization. This came from the idea that automation is only as good as the people, time and effort that is freed up. On Friday I wrote about the different types of time that needs to be evaluated,…