Paperless Accounting
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With AP Automation Is It More Software Than Service? #SaaS
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With all the talk about the cloud and server-based software, I thought it may be timely to write about software and service as it pertains to Accounts Payable Automation. Not just writing about it as much as answering the question; is AP Automation more service than software? Software First, there is no way to automate…
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How Many Touches Can An Invoice Take? #APAutomation
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My angle on the title was the old school commercial of how many licks does it take to get to the center…. well you know. Touching paper is nothing I talk with people about, so when I was talking with someone who was already automated in AP and he told me touches was his internal…
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What Is The Basis Point Myth? #APAutomation
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I like any other good red-blooded American likes a good old fashion conspiracy theory. You know, one that has a nameless – faceless group of high level individuals plotting in unison to insure their agenda is accomplished. Well, when it comes to basis points, that’s not the case. Sometimes instead of a conspiracy theory it’s…
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The Traditional Card Battle and Accounts Payable Automation
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When I first wrote the Argument to Automate, I used the word INSPIRE to create a frame-work for calculating the outcome and impact of AP Automation. The “I” stood for, Identify a Process Map… the “N” stood for notate people’s time… you get the picture. I thought I was so clever because I used the…
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Credit Cards, Rebates and #APAutomation – 3 Things
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Whether you consider the payment process part of AP or a stand alone process credit cards can make a big impact. On the invoice side a credit card statement can be read just like an invoice and processed for payment. At the end of the process the credit card can be used to make the…
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Real Estate Professional Need AP Automation Too!
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It’s true… they do. One of the types of business that are attached to Accounts Payable Automation are organizations that have centralized accounting and spread out operations… like a real estate company. Better! Well… better than hearing me talk all about my experience with real estate and AP Automation, I am going to be interviewing…
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Outsource Scanning is Like Going On A 10 Week Vacation W/O Fun #APAutomation
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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 scanning for AP Automation. Vacation So why did I use a ten week…
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6 Things That Won’t Kill Your Vendor When Outsourcing Scanning #APAutomation
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Outsourcing is somewhat of a hot topic. When I first got in business I had a friend (that did much better than me) who started a company and told me that his company would never do anything outside of their “core” competency. When I asked him what he was talking about, he explained to me…
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3 Secrets to a Virtual Credit Card Your Bank Doesn’t Know
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One of the unsung heroes of the Accounts Payable Automation process are payments. In my experience people don’t have has much problems as invoice probably because payments come from a central location and proactively go out of the organization, unlike invoices which aren’t so controlled. There is a Light Lately there has been more interest in companies paying their bill…
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There Are 4 Things I Can’t Wait To Tell You About AP Automation
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I don’t write about them much, but if you and I had a personal conversation there is a very good chance that I will bring up the fact that I have four kids. My second child, a daughter, always has something she can’t wait to tell me… and I love it. So in that spirit…