Technology

Avoiding Fake Invoice Scams

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Fake invoices and billing scams are an increasingly common problem for the modern business to contend with.  While in NZ there are plenty of organisations warning about the dangers of these scams (e.g.: CertNZ, NetSafe, MBIE), statistics on the scope of the problem are harder to come by because the data relies on people both […]

Technology

The Neglected Purchase Order

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Accounts Payable (AP) is often the first initiative when it comes to Business Process Automation projects, and it’s easy to understand why.  AP directly effects how much money leaves an organisation, it’s a business process typically fraught with manual steps, and it’s a process that crosses almost every industry so vendors tend to focus on […]

Technology

How much does it cost to process an invoice…?

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It’s an interesting question and one that many business leaders don’t take the time to ask. Many businesses take the approach that the cost of an invoice is the value of the figure on the bottom of the last page. Unfortunately that is just the amount that comes out of your bank account, it is […]

Technology

4 Tips to De-risk your AP Automation Project

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Accounts Payable Automation is the process of re-engineering the accounts payable process to create and improve efficiencies. More often than not it involves digitisation and centralisation of a process that is currently manual and paper-centric. When done correctly an AP Automation project is not just automation of the current process, it is a complete re-imagining of the […]

Technology

AP Automation

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“If it isn’t broken, then don’t fix it” – It’s an adage that we hear all too often in businesses all over the country, particularly when it comes to conversations about processes and workflows.  It stems from a mindset that’s rooted in the idea that if you do what you’ve always done then your outcomes […]