Month: November 2017

7 Accounts Payable Metrics to Drive Process Improvement

“What gets measured gets improved” is an old adage which is still very applicable to any business, or for that matter any task. The accounts payable process has a number of moving parts and people and unless certain metrics are identified and performance measured against these indicators, it is quite likely that something will fall through …

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7 Reasons to Convert to ePayments or Virtual Payments

Tight controls that minimize errors and reconciliation issues. Buying organizations can set controls on single-use virtual payments that limit the amount, date, merchant and even MCC codes, among other parameters. For example, if you send a single-use virtual payment to your office supply store, you can specify the exact amount that the merchant must process to …

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