Accounts Payable - When did you Last Review Your Finance Processes?

Sept. 10, 2010 - PRLog -- So often things are done as they are done, because “that’s how they have always been done”. And we are not just talking about manual processes and paperwork here, but also about the systems you use.  

This is just one of the issues we discuss in our new White Paper “How to Make Real Savings in AP Finance”.  The document suggests that you should take timeout to consider what your finance department actually looks like – what do you do, how do you do it, why do you do it, and who does it?  Until this is clear in your mind it won’t be possible to properly identify the best areas for improvement. And for every company this will be very different.  

The White Paper also discusses other ways to reduce costs such as eliminating paper processes and choosing the right system. The aim is not to provide you with a definitive list of do’s and don’ts, but to provide pointers of areas to consider.  Some will be applicable to you, some may not be, and some you may already have done.  But hopefully you will find a variety of thought-provoking improvement suggestions to reflect on and apply to your own business.

Accounts payable automation services work seamlessly alongside existing systems and can also be used standalone or in conjunction with accounts receivable services for an end-to-end solution.

Click here to download the Accounts Payable White Paper (http://www.accountis.com/resources/white-papers/) (registration required).

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Accountis Europe Ltd is an international provider of e-invoicing and payment services including Accounts Payable (http://www.accountis.com/e-invoicing/receive-invoices-ap/), Bacstel-IP, direct debit and direct credit management, account validation and SWIFT.

Founded in 2002, Accountis became part of the Fundtech group in early 2008 and processes over 1 million transactions every day. The Accountis trusted transaction network is used by many of the World's largest corporations to leverage existing systems and maximise efficiencies across the financial supply chain.