When the economy slows, efficiency and cost control gain even more attention. And there’s no better business process to streamline than accounts payable.
What is SWIFT?
Procurement Software
Real Time Payments
With real time payments, the payee’s account is credited immediately, and the payer is instantly notified about the status. With a paper check, however, a payee could delay cashing it, leaving the payer with an unreliable cash balance and the potential for writing bounced checks. RTPs eliminate that.
Month End Close Process
Closing the books each month can be a tedious process, but it is vital to ensuring the financial health of your company. The month-end close can help you identify deviations from your financial plan early, so you can respond quickly. Conversely, it can uncover new opportunities for business growth, and drive strategies so you can exploit them.