Tag: accounts payable

In today’s digital workplace, companies receive invoices by email at a higher rate than ever before. Even so, many still insist on printing electronic invoices before processing them, which creates more work and costs companies both time and money. Bringing electronically-received invoices into the physical realm opens up organizations to the same problems they face…

Many healthcare providers still use manual processes that are slow and inefficient, often leading to lost invoices and late payments. By implementing an accounts payable automation solution, your healthcare facility can say goodbye to the manual data entry that comes with AP processing.

The need for organizational crisis management is one of the many sobering lessons of the COVID-19 pandemic. During the first year of the pandemic, 200,000 more business closures occurred than normal, according to the Federal Reserve. Even in the midst of unprecedented hardships, many of these closures could’ve been avoided through strategic disaster planning.

Challenges with exchanging data between systems can hinder healthcare professionals’ ability to offer quality patient care. With large volumes of medical records, invoices, and incoming mail, transferring information using outdated methods can be time-consuming and inefficient.

Accounts payable processes often require a lot of document shuffling. Having these documents processed manually reduces efficiency, increases errors, raises costs, and often creates a lack of transparency into your invoice processes. An easy, reliable remedy for that? Business process outsourcing (BPO). With BPO, it’s possible to forward paper and digital invoices to a trusted…