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accounts payable
Tina Arora 2019-09-09

8 Most Common Mistakes In Accounts Payable

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 …
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132
budget control
Tina Arora 2019-09-04

4 Simple Methods To Enforce Budget Control In Organizations

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 …
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111
procurement process
Tina Arora 2019-08-29

What Is Procure-to-pay? A Complete Guide On P2P System | Finly

Procure-to-pay (P2P), probably the term you have heard most often but wonder what it is all about? Or if you are looking to use one for your business but not sure which ones to choose? Then …
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171
accounts payable
Tina Arora 2019-08-27

5 Important Stages To Automate In Accounts Payable Workflow

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 …
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137
invoice automation
Tina Arora 2019-08-26

Top 5 Essential Reasons To Automate Your Invoice Processing

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. …
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146
Finance reports
Tina Arora 2019-08-20

5 Main Benefits Of Automating The Financial Reporting Process

The finance reports outline the data of the accounts payable to analyze the performance of the company and helps in planning the budget accordingly. Organizations are moving towards automating the financial reporting as it helps …
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124
accounts payable
Tina Arora 2019-08-20

6 Essential Reasons To Manage Accounts Payable Digitally

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 …
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129
India’s fast changing digital payments ecosystem
Tina Arora 2019-07-20

India’s fast changing digital payments ecosystem

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 …
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129
business payments
Tina Arora 2019-07-20

3 Types Of Business Transactions That Occurs In An Organization

A business payments can be defined as a transactional event that involves money with a third party which is recorded in an organization’s accounting system. In today’s business, many transactions take place and especially when …
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144
procurement
Tina Arora 2019-07-16

6 Reasons To Automate Your Procurement Process

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. …
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178
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