Sure, simple keying errors are bound to happen. But with almost three-fourths of all improper payments resulting from these types of mistakes, it's worth taking some extra steps to prevent them. (more…)
Credit and Collections
Having trouble recovering past-due amounts from a troublesome customer (or customers)? Before you get Collections to call in the aid of an attorney, try this tactic. (more…)
Getting late-payers to square up can be hard enough, but with a pushy gatekeeper blocking A/R's path to the right person, getting paid can be next to impossible. (more…)
Late penalties: One of the highly effective -- and underutilized -- tools at Collections pros' disposal. (more…)
Whatever level of automation your Accounts Payable department is at, there are still basic invoice-processing principles most staffers need to follow. (more…)
Scary thought: Financial loss from "improper payments" has affected almost half of your peers. (more…)
Almost all AP departments have some degree of automation but, for many, there's plenty of room for more. (more…)
You’d think passing Math 101 would be a requirement to help run a major organization. That may not be the case once you take a gander at some of these gigantic math gaffes. (more…)
Lenders aren't bending over backwards to help out small businesses right now. So what's plan B? Familiarizing yourself with proven alternative sources. (more…)
Spring seems to have breathed new life into many small businesses as institutions are reluctantly relaxing their stranglehold on credit. (more…)
Companies looking to slash overhead costs by outsourcing A/P functions should be careful to avoid making these common mistakes. (more…)
When it comes to automation, what ranks highest for your departments? (more…)
