As the tax season of 2023 is approaching, taxpayers must be aware of common errors that they may make when filling taxes returns, which can lead to penalties and unwanted troubles. Filing taxes can seem overwhelming, and errors are common. Therefore, it’s crucial to be cautious and vigilant to avoid making such mistakes. Below are […]
Accounts payable automation streamlines bill and invoice payments, making the process more efficient. A key aspect of AP automation is measuring performance through metrics. These metrics help accounts payable teams identify areas for improvement, monitor progress, and make data-driven decisions. Examples of metrics used in AP automation include the time taken to process invoices, costs […]
Technology in accounting grew many times over but so did the sophistication of payment frauds. More than 78% of the businesses experienced an attempted or an actual B2B payment fraud in 2021 alone ( AP Automation) And almost all of them involve fraudulent invoices. Accounts Payable – A Ripe Ground for B2B Payments: There was […]
Accounts payable Processing is an unpleasant task that most organizations, especially larger ones, must perform to maintain healthy cash flow and vendor relationships. This is often undervalued until a company’s reputation and how quickly it fills orders become important for getting the best price. Unfortunately, AP teams must deal with a wide variety of such […]
