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Understanding Straight-Through Processing (STP) and Benefits

Digital PaymentPayment TermsPayments

Straight Through Processing (STP) is an automated payment processing method that streamlines data sharing across multiple points. STP is used by financial companies to speed up processing transactions. Banks and…

Understanding Strategic Sourcing and Its Role in Procurement

ProcurementProcurement ManagementProcurement Strategy

Learn about the role of strategic sourcing in procurement. Explore trends, common challenges, benefits, and how automation is changing the landscape….

Understanding Taxpayer Identification Number (TIN) and IRS TIN Matching: Common Pitfalls to Avoid

GuideTaxTax Compliance

TIN matching is when businesses match a payee’s TIN against IRS records. Learn how to accurately tin match so you can avoid business accounts payable errors….

Understanding the Basics of Employee Expense Reports

Expense ManagementExpense ReportingExpenses

Learn about the role of employee expense reports in business spend management and how to create an expense report of your own with our convenient template….

Understanding the Basics of Liquidity Management

Cash FlowFinancial ManagementFinops

Discover the fundamentals of liquidity management, its importance for businesses, and strategies to optimize cash flow and financial stability….

Understanding the Benefits of Manufacturing AP Automation

Accounts PayableAP AutomationManufacturing

Learn how manufacturing accounts payable automation can greatly reduce costs, boost productivity, and streamline complex manufacturing operations….

Understanding the Importance of Expense Management Automation

Accounting AutomationExpense Management AutomationExpenses

Expense management automation is the future of expense tracking. Learn about the benefits of this technology and how it can improve your business’s financial management….

Understanding the Nacha Operating Rules and Compliance

ACHGuidePayments

Nacha rules apply to everyone using the ACH network to complete ACH transactions, including financial institutions, businesses, consumers, and government entities….

United States Artists

Case StudiesTestimonials

United States Artists is a national arts funding organization that facilitates unrestricted grants to artists….

Using Accounts Payable Software

Accounts PayableAP AutomationGuide

The accounts payable department must perform numerous time-consuming and tedious activities. From vendor invoice processing to the approval of payments, each activity requires its own workflow. Keep reading to learn…

What are Cash Controls in Business Finance? And Best Practices for Cash Controlling

AccountingCash FlowFinancial Management

Cash control is cash management and internal control over cash. Controlling cash receipts and cash disbursements reduces erroneous payments, theft, and fraud. Internal control includes corporate governance, company policies, segregation…

What are Freight Payments? Complete Guide

Global PaymentsMass PaymentsPayments

What are freight payments, and how can freight payment solutions help your business reduce costs, improve accuracy, and streamline AP workflows?…