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Time is money – especially when you make changes to plans, drawings, and documents – and have to communicate those changes to colleagues and clients. A professional wide-format scanner would help – but you can’t afford one, can you?
Tip #4: Fast-Track Your Approval ProcessYou can improve your AP department by speeding up the invoice approval process. Considered as being slow and inefficient in the majority of organizations, the approval process can cost companies a lot of money without realizing...
Tip #3: Get rid of old and costly dataYou can improve your AP department by purging old, unwanted data, especially if you’re backing that data up. After the required retention requirements on documents are expired, you should be ridding your department of it.If you...
Managing cash flow efficiently can be a big problem for AP professionals. Luckily, there is an easy way to bring it back under control.Tip #2: Improve cash flow You can improve AP cash flow by cutting the costs of purchases. How? By leveraging early-payment discounts...