BTerrell Group Blog

How to Overcome Accounts Payable Challenges - Part 1

Posted by Meredith Gooch on Thu, Sep 25, 2014

Accounts Payable challenges regulary include the areas of invoice receipt, data extraction, invoice matching and exception handling, and approval workflow. Sound familiar? A common theme with these Accounts Payable processes is that they rely on paper and people, and many companies are finding that adding staff doesn't always solve the underlying problem. Manual processes are not only expensive and inefficient, but they also increase the change or errors and expose companies to many risks. Here are a few examples of Accounts Payable issues:

Read More

Tags: Accounts Payable issue, invoice receipt, data extraction, invoice matching, exception handling, approval workflow, Accounts Payable challenges