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Benefits of P-cards for AR Setting the Stage for Accepting P-Cards Costs and Consequences The New AR For businesspeople in the know, "P-card" isn't a bald commander on the Starship Enterprise.

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Is an Inefficient Process Costing You

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Remember the legacy of the $500 hammer? It was the critique of the U.S. Department of Defense some years ago that lambasted the red tape required to make a simple purchase. Small purchases are made

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Goods or services are sold, bills are sent and payments are received. The basic concept of accounts receivable (AR) is quite simple. However, provisions must be made to handle the complexities of… Read More

The order-to-cash process can kill a lot of trees. From the purchase order and invoice to the proof of delivery and collections management, there's a lot of paper to collect, document, keep track of,

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American National Standards Institute(ANSI): The primary organization for fostering the development of technology standards in the United States. ANSI X12 Standards: The American National Standards

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Accounts payable and receivable managers are the officers on the front lines in the company's battle to manage cash flow. Their responsibilities break down into two parts: to implement and oversee

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Collecting payment for most organizations is one of the most challenging and important tasks in running a successful business. But what happens when the payment is received and cannot be easily

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Despite the importance of inventory levels or sales, successful companies are aware that they need to pay the most attention to cash flow. If the organization is without sufficient cash to operate,

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