Blog

Wednesday 7th May, 2014

In many Accounts Payable departments, matching supplier statements is the least favourite task - mostly because it’s a manual, labourious and time-consuming process. And if a task is the least favourite, you can be sure that there are associated problems...In this case, the largely manual process means that not enough reconciliations are completed, which can then leads to inaccurate supplier balances and a negative impact on cash from missed credits and incorrect postings.  But, if the process can be automated - more supplier accounts can be reconciled, leaving AP professionals free to focus on dealing with the exceptions rather than the chore of trying to find them in the first place. Suppliers also benefit because they have greater clarity on the status of their account - meaning fewer phone calls into AP.

Tuesday 6th May, 2014

It seems that the Government is getting serious about encouraging the growth of eInvoicing adoption across the UK, in particular when it comes to the public sector. Last week Francis Maude, the Minister for the Cabinet Office and Paymaster General, gave a very positive and comprehensive speech on the benefits of electronic invoicing within the public sector, and how efficiencies in the back office are vital to HM Government going forward.

Tuesday 29th April, 2014

Increasingly we live in a complex world where sometimes, some of the things meant to make life easier, only end up making it more confusing. Often, when faced with too much choice, we simply stick with doing things the way they’ve always been done – not necessarily because it’s better, but because we know it works, and more importantly - from a ease of understanding perspective - we probably have a good understanding of how it works too.

Thursday 3rd April, 2014

by Maria Senge, Freelance IT journalist

Kofax's Transform 2014 conference – the annual get-together of Kofax's partners and customers - took place once again this year at San Diego's Hilton Bayfront Hotel and attracted over 700 delegates from around the world, including a fair contingent from the UK. Kofax, best known for its document capture products and solutions, has been on the acquisition trail over the past few years, so here was a great opportunity to get a better understanding and insight as to what lies behind their market moves.