AP invoice automation insights by Medius

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How AP Professionals Are Adding Value to Accounting Summertime is a perfect opportunity for AP professionals to reassess operations in the accounting department to improve the accounts payable workflow. Implementing accounts payable automation improves efficiency so the AP team can get home on-time to appreciate the summer sun. The Advantages of Standalone (Best of breed) vs Integrated AP Automation Solutions Accounting department professionals recognize the advantages of standalone (best of breed) automation software vs. integrated AP automation solutions to save time, and simplify routine tasks. Cloud AP Automation Helps Companies Weather Storms and Other Variables Cloud AP automation helps companies weather storms and other variables so everyone can work and collaborate in the cloud accounts payable system, regardless of the weather, time, and location. Spreadsheets: The Silent Killers of the Finance Department In support of the AP team’s business case for automation, studies show 88% of accounting spreadsheets have some type of error. Finance department leaders must embrace the digital transformation by adopting tools to automate critical financial processes. Keep Invoice Processing Running at Speed During the Slow Summertime Discover how to improve the AP process and keep invoice processing on track during the slow summertime period through the smart use of AP automation solutions. Managing Cash Flow During Summer Slow Down For many businesses, the summer slow down means reduced cash flow. AP automation solutions and cash flow analysis helps companies plan how to get through the summer months. Why AP Professionals Should Take a Spend Transparency Approach Towards Accounts Payable Spend transparency is crucial to understand buying behaviors, procurement performance and to increase cost savings and reduce procurement costs. At the core of success is the AP process and the organization’s ability to capture high-quality invoice data. Key Takeaways from Webinar: How AP Automation Supports 2019 Business Goals Discover the compelling key takeaways from Medius’ recent 45-minute webinar featuring a panel of AP experts offering insights about how AP automation supports 2019 business goals. Celebrating the First Anniversary of Untapped: Top Ten Articles About AP Automation In celebration of the first anniversary of Untapped, a journalistic portal hosted by Medius, we are sharing the top ten articles about AP automation news and best practices. Stress Management in Accounting: Relief Through AP Invoice Automation People in the accounting field have grown accustomed to bracing themselves for the inevitable stress the AP department feels, particularly during month-end and year-end processes. The stress level is high in the accounting and AP fields because of the need to be responsible, accurate, and quick at all times