Invoice Matching

By Pam Miller, APMD Over the last few years, it seems as though there has been an explosion in the number of vendors who want to deliver their invoices to AP via a PDF attachment to an e-mail. In a… Read More

Most of us know the conventional wisdom that you have to spend money in order to make money. As all accounts payable departments know, however, there is more to it than that. You also have to spend

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Waiting for an invoice to be approved can test the patience of any AP professional. After all, who knows better than AP how tardy approvals can hold up the entire payment process?

Not only does AP

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By Pam Miller, APMD The three-way match is a commonly used technique for determining whether a PO-based invoice should be paid as received or an adjustment should be made. The three documents that

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Some invoice types are exceptions by definition. They force an inefficient process by their very nature. They also increase account payable"s average cost to process an invoice in direct proportion… Read More

In order to keep duplicate payments from getting out the door, you will need to use every available means to hunt them down and stamp them out! Out-of-the-Box Techniques Miss the Targets While most

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Increasing the number of matching invoices, purchase orders, and receivers is a surefire way to increase efficiency in AP. Unfortunately, the people who can do the most to increase the match rate do

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Less than two decades ago, enterprise resource planning systems were new and promised to eliminate paper throughout the back office. Today, ERP systems are an integral part of many organization's

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Planes, trains and automobiles! In addition to being the title of a classic Steve Martin comedy, these are all ways businesses ship freight. Deciding which method to use can be difficult for

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Losing Carriers to Bankruptcy Developing a Contingency Plan Negotiating Rates Improving Payables Processes Braving the Economic Storm The continuing rise in fuel prices has left the freight market

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