Industry benchmarks reveal that the business case for AP automation is more compelling now than ever before. Companies are now processing a record number of invoices - nearly 500 billion worldwide -...
Cash flow is the lifeblood of any business, and making it effortless and seamless is easier than ever with advanced technology, EDI integration and hundreds of reams less paper! One of the...
In a recent post (part 1), we showed how optimizing supplier discounting through dynamic discounting can generate high returns on working capital – as much as 1% to 2% per month.
While offering discounts to suppliers in exchange for prompt payment is a conventional business practice, payment terms have been traditionally been set in advance.
