Accounts payable (AP) and payment automation company AvidXchange revealed new purchase order (PO) functionality for five accounting systems, including Intuit QuickBooks, Oracle NetSuite, Microsoft Dynamics 365 Business Central, Microsoft Dynamics GP and Sage Intacct, according to a press release on Wednesday (April 14). CEO Michael Praeger...
The procure-to-pay process can be like a game of dominoes stacked up and ready to fall into place. The first domino in the set is the purchase order, and unless that PO is correct, everything else, including invoice and payment, can quickly fall into disarray....
According to findings from Salted Hash, construction companies are just the latest victims of purchase order (PO) fraud. These scams can cause huge problems for companies, especially vendors, as these organizations are often left to their own accord.