Accounts Payable Hub

Outsource your accounts payable department. Companies that prioritize accounts payable use automated systems and research-proven best practices to deliver satisfactory and timely payments every single time.

Expense management is a system of business processes ranging from establishing company policies, having employees submit electronic receipts, issuing corporate credit cards to employees for routine purchases, generating exceptions reports, routing expense payment requests to approvers, controlling expenditures, and making payments to reimburse employees for approved expenses.

Procurement is all about long-term goals that contribute to achieving strategic outcomes and competitive advantage. Purchasing has short-term goals. The purpose of purchasing is to arrange business spending and acquire a specific resource.

As the name implies, this is the complete cycle an accounts payable department goes through to finish the job. Many articles surrounding this topic will only mention the end stages of the process, but the entire cycle actually begins when searching for something to buy. 

The order-to-cash process (also called O2C or OTC) refers to the entirety of a company’s ordering system. It starts the moment a customer places an order and ends when an invoice is paid and settled.

Retail ERP is a real-time software system to streamline, automate and manage front-end and back-office business processes. Retail ERP handles omnichannel point of sale (POS system), CRM, supply chain management, inventory management, pricing, sales order management, payments, sales receipts, and financial management for business transactions. ERP means enterprise resource planning.