Organizations across industries seek to build infrastructural resistance to payment errors and fraud. Although remote work has enabled companies to carry on business, they've also compelled criminals to upgrade their tactics and keep up their attacks.
In today’s business environment, chemical manufacturers and distributors are compelled to seek new solutions that enable efficiency and growth. By leaving the manual process behind and investing in a digital payment solution, AP teams can transform their finance departments from cost-centers to revenue-contributors.
Risk is involved any time money changes hands. Accounts payable departments are constantly under attack from bad actors trying to trick them into sending money to fraudulent bank accounts. However, tight internal controls, ongoing training, and payment automation can all help reduce the risk. Jeremiah Bennett, Director of Information Security at Nvoicepay, a FLEETCOR company, offers insight into how to incorporate risk management into your payment solution.
Fall is nearing, which means its almost time for 2022 planning. How will your AP department set goals and measure success in the ever-increasing pressure to cut costs and scale at the same time? Join Corpay with special guest Ardent Partners for an exciting new webinar that will give your team a leg up on strategic planning for the new year.
Every business faces problems, and the back office is sometimes the last area to be updated. Embracing the advantages of digital B2B payments allows businesses of all sizes and industries to improve many aspects of their AP process, providing compelling reasons to shift away from paper.
In the world of business payments, process complexity adds friction between accounts payable and accounts receivable. Remote work initiatives have also created a strong tailwind for digitization. Derek Halpern, Executive Vice President of Sales at Nvoicepay, a FLEETCOR company, weighs in on how automation providers will close the gap and streamline payments process from creation to receipt.
Managing your cash flow as an auto dealership can be tricky, especially if your dealership is still using paper checks and manual processes. Full payment automation and the implementation of purchase order systems can help!
The reality of remote payments has made switching to automation a priority for many paper-bound back offices. Corpay transforms the way manufacturing and distribution companies pay their suppliers with a holistic approach to payments. Our configurable AP solution meets the needs of companies that have complex approval workflows, multiple locations, bank accounts and payment methods.
Spurred by the need for remote work capabilities, companies today are trying to move from manual processes to electronic vendor payments. Electronic payments seem more efficient but without the proper tools and partners, they can end up causing more work.
Everyone wants to save money--but organizations often overlook AP automation as a way to do just that. Leveraging automation empowers you to not only save costs but earn rebates and reduce your payment fraud liability. In this webcast, Director of Automotive Sales, Kyle Rauzi, shares how payment automation helps your AP bring in revenue while cutting costs and freeing up staff for more strategic priorities.
Growth is good for any company—but it isn’t always easy to scale up when it comes to payments. Digital B2B payments enable businesses of all sizes and sectors to optimize their AP process by driving paper out while boosting efficiency.
Everyone wants to save money--but organizations often overlook AP automation as a way to do just that. Leveraging automation empowers you to not only save costs but earn rebates and reduce your payment fraud liability.
Are you looking for a low-risk way to increase revenues and lower costs in weeks or months instead of years? Distribution Strategy Group is always on the lookout for technologies that are demonstrating rapid payback and a high return on investment.
This past year, automotive groups shifted many aspects of their sales floor by going digital. Dealer groups face several challenges in AP that are easily remedied by the right technology, from approvers at various locations to a centralized AP office buried in paper check payments.
With the advent of widespread remote work, businesses have made impressive leaps in eliminating checks and adopting electronic supplier payments. But as organizations adopt electronic payment processes, there’s another strategic opportunity for AP to consider: electronic credit card.
Innovating organizations understand that accounts payable deserves a seat at the table with Treasury and other senior leaders in Finance. It’s no secret the Accounts Payable department is often seen as a cost center by Treasury. Treasurers are focused on minimizing cash risk and maximizing cash returns, and paying vendors is not top of mind. But what if instead of being seen as a drain on cash, Accounts Payable was a strategic tool to help organizations (and treasurers) manage their cashflow better?
s we close in on a year and a half of working from home, we can look back with some perspective and perhaps a little pride at how we've adapted and changed. During this time, many people and organizations have discovered that they're much more nimble, creative and resilient than they previously imagined.