Next Gen Ap Automation news and trends

New Report: Fixing The Global Fruit Supply Chain’s Broken Payments Problem
Next-Gen AP Automation // July 08, 2020

Small- to medium-sized businesses (SMBs) must often cope with slim operating margins and limited resources, and these two pressures make it essential that they closely monitor their cash flows. Doing so can help them determine if they have sufficient funds available to pursue investment opportunities...

How Three-Way Invoice Matching Automation Safeguards Retailers’ Revenues
Next-Gen AP Automation // May 14, 2020

Selling iced tea in summer is big business, and one that requires beverage brands to manage supplier payments for everything from tea leaves to bottle caps. Issues arising from invoicing errors can shortchange suppliers or bleed buyers dry with overcharges, however. In this month’s Next-Gen...

Deep Dive: How Automation Helps Thwart Internal and External AP Fraud
Next-Gen AP Automation // April 20, 2020

Accounts payable (AP) fraud is a major threat to businesses, with 82 percent of approximately 600 corporate treasury and financial employee respondents reporting their companies were subject to payments fraud attempts in 2018. Forty-three percent said their organizations lost money as a direct result of such attacks. These schemes can play...