Accounts payable represents one of the most important areas of an organization’s accounting operations. As with all accounting tasks, accuracy and payment tracking is vital, but...

If sales are at the core of your company’s operations, then the purchase order (PO) represents the final — and perhaps the most crucial — step in the sales process,...

Data is among your most valuable assets as a business, so it’s no surprise that organizations spend a lot of time and money considering their options for data capture and data...

Data capture technology has advanced by leaps and bounds in recent years. What was once a fully manual process can now be fully automated, performing data capture processes with a...

A company’s accounts payable tasks may involve dozens, hundreds or even more transactions in a given day, making this task one that is a popular candidate for outsourcing....

Machine learning (ML) is an innovative technology that “learns” by adapting algorithms in response to newly-identified patterns and trends. For example, let’s say you...

Freight audits are an essential process in the supply chain. These tedious audits ensure the accuracy of freight bills, which, in turn, hold the potential to reduce shipping costs...

Invoices have been in use for thousands of years, with the first paper-based invoice recorded in 1504 AD. Hieronymus Bosch submitted this invoice to King Phlip the Handsome....

Many companies may not even realize it, but data is amongst an organization’s most valuable assets. Data is at the core of virtually all business operations in some way, shape...

Artificial intelligence (AI) and machine learning technologies are frequently used in conjunction with optical character recognition (OCR) software, which can scan text and images...