October 2020

Accounts payable (AP) functions are some of the most transactionintensive environments within a medium to large scale business. Endlessemails, faxes, and piles of post, come into the AP function on a dailybasis. The amount of incoming paper is thankfully starting to decrease;however many AP teams will...

For Accounts Payable teams, ensuring that ledgers are up to date and accurate is a critical part of offering a professional service to clients. A supplier statement reconciliation, or vendor statement reconciliation, is the process Accounts Payable’s use to reconcile a supplier’s balance via an accounts...