The accounts payable blog for finance and banking professionals.

Best practices for accounts payable professionals across all industries. We also address how banks can benefit from thinking differently about integrated payables solutions for clients.

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June 15, 2018

M’oda ‘Operandi Earns 366% ROI and Award with MineralTree Implementation

M’oda ‘Operandi, the high-end fashion company providing a luxury retail experience that includes expert styling advice and tailored wardrobe recommendations, secured a 2018 Tech ROI Award for its implementation of MineralTree. The honor was awarded by Nucleus Research, and recognizes the top 10 technology deployments for 2018.

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frustrated cfo

June 8, 2018

What CFOs Are Missing in their Approach to Accounts Payable

Considering that accounts payable has remained almost an entirely manual process in many businesses, and still features the prominent use of paper checks, there is a tremendous amount of low-hanging fruit for CFOs to easily start picking from. Yet, many have not yet capitalized.

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June 1, 2018

Four Characteristics of Modern Accounts Payable Teams

With FinTech disruption rapidly changing the way finance and accounting teams operate, accounts payable has been among the slowest to adapt. However, accounts payable automation technology is creating a paradigm shift, and changing the way AP teams are thinking about the end-to-end process of paying vendor invoices.

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cfo planning projects

May 24, 2018

Are You an Operations-Minded CFO? – Becoming a Full Stack CFO

While project management duties may not seem related to the day-to-day of a CFO, the truth is that Operations-Minded CFOs bring both the necessary perspective and skill set to drive higher project implementation success rates.

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busy office

May 17, 2018

Three Ways Accounts Payable is Impacting Your Entire Company

While it is tempting to think that accounts payable is simply “paying the bills,” this notion is actually unfounded. There is a lot of benefit to be gained from thinking of accounts payable as more than paying vendor invoices. In reality,  the way that your accounts payable team operates impacts your business in a way that extends far beyond what you might expect.

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auto discount application

May 8, 2018

MineralTree Raises the Bar with Automatic Application of Discounts

What would your business do with 2% cash back on vendor spend? It’s time to start seriously considering your answer. Everybody knows about the benefits of early-pay discounts. But up until now, few have managed to actually enjoy them.

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duplicate invoice detection

May 8, 2018

MineralTree Rolls Out Duplicate Invoice Payment Detection Feature

Few things are more time-consuming to accounts payable managers than inadvertently paying an invoice twice. Not only does it cost the initial amount of time required to process and pay the duplicate invoice, but it also costs extra time (and an awkward conversation) to go back and reconcile that incorrect payment with your vendor.

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Catalyst CFO

May 3, 2018

Are You a Catalyst CFO? – Becoming a Full Stack CFO

Accounts Payable professionals have been underestimating the cost of paying their vendor invoices for years. And the chasm between their estimation and reality is surprisingly large.

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What paying invoices is really costing you

April 26, 2018

What Paying Vendor Invoices is Really Costing You

Accounts Payable professionals have been underestimating the cost of paying their vendor invoices for years. And the chasm between their estimation and reality is surprisingly large.

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Are you a technologist cfo

April 19, 2018

Are You a Technologist CFO? – Becoming a Full Stack CFO

“The measure of intelligence is the ability to change.” As new technology continues disrupting all industries without regard, Albert Einstein’s words ring truer than ever for today’s CFO. The responsibility to invest in the technology that provides true business value falls squarely on the shoulders of finance chiefs.

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3 Payment Controls Every Accounts Payable Team Needs

April 12, 2018

Three B2B Payment Controls Every Accounts Payable Team Needs

The world of B2B payments has become the wild, wild west of Corporate America. According to the recently released 2018 AFP Payments Fraud and Control Survey, 78% of businesses have experienced attempted and/or actual payments fraud. This number has risen steadily since 2013, when only 60% of businesses indicated the same fate.

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April 5, 2018

Why You Should Be Using Automated Purchase Order Matching

The traditionally painful and time-consuming process of comparing purchase orders to invoices has been transformed in a way that provides total efficiency and complete visibility.

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March 29, 2018

Are You a Strategist CFO? – Becoming a Full Stack CFO

“We’re getting to the point where the future role of the CFO resembles that of a data scientist more so than that of an accountant.” This article is part 2 of a 5-part series focused on Becoming a Full Stack […]

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March 22, 2018

3 Reasons OCR is Not Enough for Effective Invoice Capture

OCR is a gift to AP clerks everywhere, but it’s not a silver bullet. If you’re an AP team looking to make life easier,  an optical character recognition (OCR) solution by itself is not a very strategic investment. It is […]

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March 15, 2018

Are You a Steward CFO? – Becoming a Full Stack CFO

Being a CFO today means something very different than it used to. Running an organization with maximum efficiency with disruptive tech constantly hitting the market while strictly adhering to accounting and reporting rules is no simple task. It requires the diverse skill set of a Steward CFO.

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