AP Automation

27 Sep

Posted at 16:18h in AP Automation, e-invoicing, Electronic Invoicing by
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Recently we wrote about how the introduction of e-invoicing could allow fraud to be automated alongside AP processes. The previous article is here. And in case anyone was in any doubt about how prevalent fraud can be, we thought it would be interesting to provide a little insight from the purchase to pay coal face on how easy it can be.

20 Sep

Posted at 08:18h in AP Automation, Dynamic Discounting by
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You have a set of accounts payable processes that would be comfortable in a 19th century setting. Pieces of parchment passed from from the vendor documenting the agreed transaction. An original signature scrawled with indelible ink pen proving the authenticity of the document. And the legislation surrounding the processes - the laws that allow the authorities to be sure that they're getting their slice of the commercial cake, rely on these paper processes.

05 Sep

Posted at 15:17h in AP Automation, News by
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I'm not sure that IAAAS will catch on as a 21st century business acronym - but what it stands for is impressive. Basware will deliver Invoice Automation as a Service, together with Basware Connectivity services including Scan & Capture, Supplier Portal and e-invoicing to a worldwide leading supplier of pipe systems.  The value of the deal over the contract period of 3 years is approximately EUR 650.000.