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The 3-way matching process is a critical component of accounts payable that ensures financial accuracy and integrity within a business. It involves the reconciliation of three essential documents: the…

Accounts Payable security is never something you want to compromise on. A bad security incident can ruin an organisation through reputational damage, lost business, lawsuits and more. In the past deca…

Every industry has its own challenges. In construction, these come from decentralised bases of operation, staggering numbers of invoices, and the manpower required to process them—all of this crea…

The UK rolled out a new tax initiative in 2019, Making Tax Digital. Its goal: to hoist the tax system into the modern day. Increased efficiency, effectiveness and ease of use are being championed, lar…

“We’re too small to need accounts payable software!” – it’s a phrase we hear all too often from small business owners. It’s understandable. If you’re a one-person operation or a small te…

Managing accounts payable (AP) is a critical task that every finance team must approach using careful attention to detail and efficient workflows. A successful Accounts Payable workflow ensures that s…

Let’s break down the basics and answer the perennial question: what is purchase to pay? The Purchase-to-Pay (P2P) cycle is the journey every business purchase takes—from the initial need identific…

In today’s rapidly evolving business landscape, efficiency and accuracy are more than just buzzwords—they are necessities. AP automation has emerged as a critical solution for businesses looking t…

Improving Payment Runs Whether you're new to the world of finance and in training, or you're curious how you can bring your payment methods into the 21st century, we've got all the fundamentals cover…

We’re often asked, ‘What’s the buzz in accounts payable these days?’ There’s one pretty major answer: automation.   It’s no surprise… recent advancements in technology have allowed com…

Accounts Payable process (AP process) refers to the money a business owes its suppliers for goods or services received on credit. It’s recorded as a short-term liability on the balance sheet. The AP…

Financial management is changing all the time, and the need for efficient and streamlined accounts payable processes has never been more important. Once a business grows, it makes sense to use AP tool…

What is Accounts Payable Management? (& Where to Find It) Accounts payable management refers to the process of managing a company's outstanding debts to third-party vendors for purchases made on …

Congratulations on your new accounts payable starter role! The first few weeks of a new job are often tricky no matter the industry- we’ve all been there. Between finding your feet, grappling with o…

Pros, Cons, and Your Guide to a Smarter AP Automation If you’re searching for the best accounts payable software to elevate your finance operations, you’re in the right place. The world of AP aut…

For care homes, hospices and other community-based non-profits, it has been a turbulent year with many unforeseen challenges. Now that restrictions are lifting care homes are looking to make 2022 a su…