Navigating Sales Tax Calculation and Compliance
Overcoming the complexity of sales tax calculation
For businesses that begin to sell globally or across the U.S., one of the earliest hurdles is the ability to accurately calculate, collect, file, and remit sales and use tax to each tax jurisdiction.
When Supreme Court struck down a company’s physical presence as a
Read MoreTop AP Metrics
Top 8 Ways To Measure The Effectiveness Of Your Accounts Payable Operation
Do you have a good measure of the effectiveness of your Account Payable operations? While there are numerous metrics in use, many are biased towards specific use cases. To limit the scope of data collection and analysis, we captured
Read MoreManaging Risk
Managing Your Risk While Transforming Your AP/AR Operation
Many companies hesitate to transform their AP/AR operation because their fear of risk and the unknown. Consequently, they are saddled with high cost, reduced cashflow, higher working capital, and expensive short-term borrowing cost. Cashflow is such a critical factor in today’s economy, it
Read MoreCentralized AP/AR Platform
Quickly Implementing An Enterprise-wide AP/AR Solution In A Heterogeneous Organization
For many Fortune 500 organizations with multiple business units, they often find a variety of finance, accounting, and ERPs systems scattered throughout the enterprise. Many have multiple vendors for each platform with unique customizations, and multiple releases of software. This is
Read MoreBecome self-sufficient
Empowering your finance staff to be self-sufficient
When one compares two enterprises with seemingly equivalent business technology platforms, and finding one being far more agile to accommodate changes than the other, the “secret sauce” is often hidden in detail not reflected in business capabilities. One of the most common differentiator is
Read MoreIntegration Considerations
Hidden traps while integrating invoice automation to your financial system
When considering an AP/AR automation solution, one of the most often overlooked but critical consideration is integrating properly to your existing finance, accounting, and ERP systems. Poor designs could end up with reconciliation conflicts and data/payment errors, wasting precious resources and
Read MoreUnderstanding Different Invoice Types
Understanding Different Invoice Types
There is no “standard” format for an invoice, they differ in relation to industries, processes and many other variables. For example, an invoice related to transportation is not formatted the same way or used in the same sense as a retail invoice. Invoices used for services rendered
Top 10 considerations for the quintessential AP/AR solution
Top 10 Considerations For the Quintessential AP/AR Solution
Whether you are evaluating a new platform in Account Payable and Account Receivable automation, or simply performing a periodic health check to ensure you are staying competitive, you should consider these 10 factors for the quintessential AP/AR automation solution:
Is it locking you
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