Skip to content

Posts from the ‘Invoice Management’ Category

Surprise! Automation Does That.

automation benefitsI’ve always been one to love surprises. I’m great at planning them, but, unfortunately, even better at ruining them — so who better to talk about the surprise benefits of automation?! Read more

Related Posts

What’s to Come for Accounts Payable in 2017?

accounts payable automation

From Agile Dashboards to Mobile Invoicing

Every new year here at Esker, we begin by looking at the latest trends in how people manage their business processes, especially in accounts payable. As one of the most important tasks in business that’s still in need of perfection for growing demands, things are starting to evolve toward better solutions. Read more

How to Get Buy In for Your AP Automation Project

AP Automation

The increased adoption of electronic invoicing along with solutions for front-end imaging, approval and exceptions workflow has prompted some analyst firms to predict that we are approaching the era of collaborative commerce. As a result, an increased number of suppliers will submit invoices electronically and more businesses will adopt cloud-based and mobile-enabled invoice processing solutions. How do you join the era of collaborative commerce and reap the competitive advantages of automated accounts payable (AP) invoice processing before becoming a laggard in your industry? Read more

Related Posts

Avoiding Unexpected Results: How to Vet an Automation Solution Provider

 

Automation Solution Provider

It’s been a year of upsets, from the World Series (Go Cubs!) to the presidential election. With variables like skill level and weather, to social media and poll attendance playing their part in the outcomes, choosing (or predicting) the winner requires risk and a little luck. Read more

Related Posts

The Top 5 Benefits of Quitting Paper — As Told By Our Customers

Benefits Quitting Paper

Quitting paper might sound like a lofty, semi-unrealistic goal for a business — especially depending on your industry and senior management’s philosophies. But even if you start small (e.g., keeping your inbound and outbound faxes electronic) you’re sure to reap some major benefits that will establish a foundation to propel more and more progressive projects throughout your company. Read more

Related Posts

What Can Your Company Gain by Quitting Paper and Manual Processes?

I listened to Customer Service Director Adrian Posteraro present how MEDRAD, Inc. won the Malcolm Baldridge National Quality Award in both 2003 and 2010. This prestigious award is the highest level of national recognition for performance excellence in the U.S. and the only formal recognition of both public and private U.S. organizations performance excellence given by the President of the United States.

Investments in people, process and technology (specifically for order processing) led MEDRAD to a 7.5% increase in customer satisfaction and enabled a 16% growth in revenue. What makes customer satisfactions just as important as revenue growth? Gartner predicts that customer experience is often the main determinant in which company wins a deal. Read more

4 Business Processes Mid-Market Companies Should Automate

Business Processes Mid-Market Companies Should Automate
The terms “big business” and “small business” are often used in business conversations. You hear about how mom and pop businesses and large corporations are gaining big advantages with business process automation, rarely though do you hear much about the value of automation to the mid-size business. There seems to be a fairly logical reason for that — the government doesn’t define what companies do and don’t qualify to be mid-market. It’s generally described as ‘companies larger than small businesses but smaller than big businesses’. Well, that makes it as clear as mud. Read more

How Visibility in AP Enables Treasurers and Controllers to Keep Wall Street Happy

Controllers

After the most recent recession, we began to observe a change in the advice coming from some large Analyst firms. The phrase “cash is king” took on greater meaning. Buying organizations is now more likely to be encouraged to extend standard payment terms, as financial markets place value on seeing more cash reserves and longer Days Payable Outstanding (DPO). I bet you know a customer that has extended their terms … Read more

Related Posts

The True Mission of Accounts Payable and Its Guiding Vision

data is kingAccounts payable (AP) is traditionally seen as overhead. Most organizations have a negative view of accounts payable. I can’t tell you how many times I’ve heard: “You people never pay the supplier on time”. In reality, it is the process that is broken and AP is just the last step in a very chaotic buying process. It is also because most AP organizations focus on being the best invoice processor. That is what AP does, but it is not APs mission/vision. Read more

Construction Industry Trends: Growth, Labor Shortage, and Automation

construction industry

2016 has brought a lot of optimism back to the construction industry. With Data & Analytics’ 2016 Construction Outlook report predicting 6% growth, many organizations are seeking ways to manage the increased demand. Automation is a growing trend because it helps to foster both efficiency and productivity. When you need to enhance operations within your construction business, it is important to learn how automation can be of benefit to you. Read more