Without approval processes, there's no proper accounting. That is beyond question. At the same time, however, approval processes are also one of the main pain points of any accounting system. This is because errors in the system lead to subsequent errors: invoices are paid too late, dunning costs are incurred and suppliers are left disgruntled.…
In this guide, we illustrate how you can get the handling of invoices in your accounting department back on track. Do you want to process invoices easier, faster, cheaper and without errors? Invoice workflows will help you achieve this goal.
Are you sometimes frustrated by the chaos in your accounting department? Then perhaps you're just ready for a break. Do the piles of paper that accumulate there every year bother you?
The digitization of business processes often works well in practice – but sometimes not so well. This article provides a comprehensive overview of essential software requirements for managing incoming invoices and contracts, applicable to businesses worldwide.
Investing in a system for compliant archiving represents an investment in the future. In this context, much depends on the current situation of your company. Before you implement an archiving solution, you should ask yourself important questions about it and answer them honestly.
Approval processes are crucial for businesses worldwide, ensuring efficiency and accuracy in financial operations. Efficient accounts payable approval processes are vital for businesses globally, enhancing financial management and operational efficiency. As a control mechanism and work step, invoice approval has a fixed place in the invoice verification process.
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