AP
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7 Little Known Facts About AP Automation
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I like giving people the inside scoop. I almost believe that when it comes to AP Automation, my entire professional career is dedicated to telling people things they don’t know. There is nothing like a good “ah-ha” moment for a person. Especially a person that has been looking at a problem for a while and…
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Are There Certain Invoices You Can’t Automate?
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When people start their AP Automation journey (I like to refer to it as a journey, because of its ongoing nature) there are a few generalizations that they start with. A few of them are, “Our vendor are too small for electronic invoices”, Our process is too complex for AP Automation” and “There are certain…
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Does Size Matter With AP Automation?
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Lately I have been writing a lot about mid-market and large market companies. I have gotten on this kick in anticipation of the “rise of the mid-market” (sounds like a movie). I have always contented that The United States is three to four federal laws away from mass AP Automation adoptions. Until that time, companies…
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What Did 400 AP Automated Companies Say They Would Have Done Better
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I have written a little bit about this. Recently I produced an eBook on this subject, calling it the 7 1/2 Things I Wish I Would Have Known Before Automating. It’s not on my site yet, but will be soon. The Point Experience is the best teacher. Over the course of six years I have…
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The Mid-Market and #APAutomation
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I have made it no secret that I work with a lot of companies in the middle market. I believe, because of traveling across the country speaking at any event that will have the slight bit of interest in Accounts Payable Automation, that large companies are automated. Therefore, attention has turned to mid-market companies (it’s…
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6 1/2 Things to Know when Getting More Time in Accounts Payable
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I got a funny feeling that I am writing too much about time. Not just time… but time benefits of Accounts Payable Automation, gaining time in AP, and how to use time that Automation frees up. Just The Facts Well, I did some research and found that I have written 3 articles in the last month…
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The 6 #APAutomated Metrics Your CEO Actually Cares About
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Depending on the size of the company, very rarely do I interact with the CEO. I don’t know if it’s because they don’t care about Accounts Payable processing or if they just have other things to do… you know – well delegated. They know… CEO’s know the importance of Accounts Payable. I haven’t met a CEO…
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You Will do Math Forever… A Simple Formula to Calculate ROI #APAutomation
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My kids hate it… really hate it when I tell them they will use math for the rest of their lives. Not just math I tell them… Algebra… Formulas (l love them). On the other side, the rooms of accountants that I talk with…when I say that we will always use math… they agree with me (shocker). ROI I…
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There Are 2 Things to Know When Calculating AP Cost #APAutomation
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One of the first steps in knowing the impact of Accounts Payable Automation is calculating what your Accounts Payable process cost. Start Here What is your current cost per invoice is one of the first questions I ask someone when starting or wanting to improve their AP Automation journey. 2 Things 1. Hard Dollar – This…
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Outsource Scanning is Like Going On A 10 Week Vacation W/O Fun #APAutomation #Fusion 11:30 CST
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If you are at Fusion this week – comes see this session live! Weather you like or not, outsourcing is a tool that is here to say. If you are one of those that have looked to outsourcing or are looking there are a few things you should know and be prepared for as outsource…