Webinar: Top 4 Things Savvy CFOs are Doing to Maximize ROI from AP Automation

Posted by Daniel Hartis on Apr 20, 2015 10:53:00 AM

If you're a loyal reader of our company blog, you've probably noticed a theme this month: ROI.

Read More

Topics: ap automation,, benefits of ap automation, roi of ap automation

Voit Real Estate and the ROI of a Clean Desk

Posted by Daniel Hartis on Apr 17, 2015 7:30:00 AM

Shirley Harmon was at a crossroads.

The corporate controller for Voit Real Estate Services, Harmon had seen the company experience a surge of incredible growth. It was not uncommon for Voit to close 10-12 properties at a time, and with only two people on their accounts payable team, the company was a bit understaffed.

Okay, perhaps that’s putting it lightly. As Harmon herself admits, “Our payables were going nuts!”

Read More

Topics: ap automation,, benefits of ap automation, roi of ap automation

The ROI of Control

Posted by Daniel Hartis on Apr 15, 2015 9:20:12 AM

When we usually talk about ROI – especially those of us in the accounts payable industry – we’re quick to cite specific numbers, calculated by considering the concrete costs saved. But there’s one characteristic of AP automation that often gets overlooked: control.

Read More

Topics: ap automation,, roi of ap automation

The Unforeseen ROI of AP Automation

Posted by Daniel Hartis on Apr 14, 2015 9:57:40 AM

Even if they haven’t yet adopted automation themselves, most accounts payable professionals are familiar with the most common ROI after automating their AP process: they can cut costs, save time, and have greater control of and access to their invoices.  

Read More

Topics: ap automation,, roi of ap automation

Stop Signing Your Life Away: The ROI of Automated Payments

Posted by Jennifer Ittenbach on Apr 13, 2015 9:39:00 AM

It’s four o’clock on a Friday, and your mind is already teaming with thoughts of the weekend. Unfortunately, you have a stack of checks sitting in front of you waiting for your signature. So, before you get to sign off for the week you’ll be spending time at your desk reviewing checks and applying your John Hancock. In addition to this looming task, you have an action plan that you need to review from your sales manager, because your sales team did not meet their quota last quarter. Now, you’re looking at an even later departure. What if, instead of signing checks, you could reallocate your time to just looking at the action plan?

Read More

Topics: ap automation,, payment automation, automated check signing,

Accounts Receivable Management Software ROI: Important Metrics to Measure

Posted by Daniel Hartis on Apr 9, 2015 8:12:00 AM

As this is our first guest blog with our friends at Avidxchange, we’d like to take a quick moment to introduce ourselves: e2b teknologies is the publisher of Anytime Collect accounts receivable management software. In short, Anytime Collect puts your entire invoice management and collection process on auto-pilot, automating time-consuming A/R management tasks, centralizing critical information, and standardizing collection processes so you can focus on the activities that actually help you get paid faster. Learn more on our website.

Read More

Topics: roi of ap automation, ar automation, accounts receivable

Making a Case: Convincing Your CFO of the ROI of AP Automation

Posted by Daniel Hartis on Apr 8, 2015 7:47:18 AM

Most AP managers (especially if they’ve read this month’s posts on ROI) realize the benefits of AP automation: it saves money and time, thereby allowing them to focus on higher-level tasks. In short, automation makes the AP Manager’s job easier.

Read More

Topics: ap automation,, roi of ap automation

What does ROI mean to AP Managers and CFOs?

Posted by Daniel Hartis on Apr 7, 2015 8:20:00 AM

You didn’t think we were finished talking about ROI, did you? Yes, yesterday we continued our discussion by defining the ROI of AP automation, but we did so in general terms of costs and time saved.

Now that we’ve defined the concept of ROI as it relates to AP Automation rather generally, let’s look at what ROI means to two specific types of AP professionals: AP Managers and Chief Financial Officers (CFOs).

Read More

Topics: ap automation,, roi of ap automation

How to Define the ROI of AP Automation

Posted by Daniel Hartis on Apr 6, 2015 10:28:00 AM

To English speakers, we know ROI as an abbreviation for “return on investment.” Look that three-letter word up in a French dictionary, however, and you’ll find that en français “roi” translates to “king.” Which, when you think about it, is kind of the same thing.

Read More

Topics: ap automation,, benefits of ap automation, roi of ap automation

Filing Cabinet Friday: Episode One

Posted by Daniel Hartis on Apr 3, 2015 12:20:00 PM

At AvidXchange, we help companies eliminate the paper involved in the invoicing and payment processes. This results in substantial savings of both money and time, however it often leaves our clients with one lingering question: "Now what are we going to do with all of these empty filing cabinets?"

Read More

Topics: filing cabinet friday