Accounts payable comes with its own set of problems. If not dealt with on-time, it can severely impact your organization’s financial health. Without a proper structure & systems in place, businesses might end up paying …

Budgeting is a business process where finance managers analyze the financial statements of business spends and set spending limits for each business unit in their organization. At the end of each month or quarter, finance …

Accounts payable function is to validate and process the purchase orders, invoices from vendors, and ensure to pay them on-time. It is not as simple as it looks! From the time of invoice arrival, it …

Organizations are always on the lookout for ways to reduce costs and to improve the finance team’s efficiency.  A paper-based process is quite tedious, and finance departments spend too much time in filing and maintaining. …

Managing your accounts payable digitally allows you to record, view quickly, and review the innermost workings of your business by avoiding you the woes of managing paper-conversations and related storage. If you are still using …

Payment ecosystems in India have traditionally been dominated by cash deposit or through cheques. But with internet and software technology penetration, Indian businesses have shifted gears towards digital payment modes to increase efficiency and enable …

Procurement process inefficiencies like delayed payments, duplicated invoices, and transaction disputes cost the organization a lot and result in hampering of relationship with vendors and losing the preferential discounts offered by vendors to the organization. …