The P3 Blog

Popular Payable Posts

rapidly changing landscape

March 24, 2020

Helping AP Teams Navigate today’s rapidly changing landscape

It clearly has been an unprecedented and unsettling past two weeks.  Amidst all of the recent chaos, the one thing that has become apparent is the need for community. Communities take many different forms, but the community we have been […]

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work from home and covid-19

March 19, 2020

The COVID-19 Common Denominator

Maintaining productivity while working from home While there are plenty of industries and career paths that just aren’t able to adapt to the notion of working from home–healthcare professionals, manufacturers, and civil servants, to name a few, much of the […]

Accounting Efficiency View Blog Post
stolen identity, stolen funds

February 24, 2020

How fast can $450,000 disappear?

Gone in 72 hours Frank Krasovec had a $1 million personal line of credit with PlainsCapital Bank. In 2018 he went on a business trip only to return and discover that 450,000 dollars was missing.  Fraudsters had obtained access to […]

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be on the lookout

February 12, 2020

Everyone has to deal with vendor fraud

Our team is great–it couldn’t happen to us One of the biggest issues and concerns organizations face today is vendor fraud. We mention this in a previous blog post about Top 5 Risks to Watch for in 2020 but we’re […]

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virtual card feature

February 5, 2020

Top 3 Reasons to start using virtual cards

Checks, ACH, & Wires…Oh My! Checks have been around for hundreds of years. As their popularity grew over time governments began to formalize laws around their use. In 1959 a standard for machine-readable characters (MICR) was agreed and patented in […]

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January 29, 2020

Banks, Benefits, & AP Automation

And you know that. As a financial institution in today’s day and age the way to grow loyalty is to make sure your offerings are in line with what your business customers are seeking. As we wrote about the importance […]

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January 22, 2020

What Banks Need to Know About Virtual Cards

Because of their popularity checks continue to dominate usage among middle-market businesses despite having the highest amount of fraud of any payment method. Banks are beginning to offer virtual cards because of the extra security they provide to their business […]

Accounting Efficiency View Blog Post

January 15, 2020

3 Types of Fintech/Bank Partnership Models

When clients have the opportunity for more services, faster response times, and a simple-to-use digital platform, they will leave you.  But they don’t want to.  They’ve spent, nay they’ve invested in this relationship just like you have to establish and […]

Accounting Efficiency View Blog Post

January 8, 2020

Top 5 Risks to Watch for in 2020

Accounts payable (AP) risks are an unfortunate but common pain point for businesses. External and internal fraud, conflicts of interest and errant payments are some of the most common practices that can lead to a business losing money. To prevent […]

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ap automation pillars

December 18, 2019

The 3 Pillars of AP Automation

Creating the support structure You want a more efficient accounts payable department. You’re looking to not only help the bottom line but you also want to give your staff (and selfishly, yourself) the opportunity to achieve greater value-add efforts towards […]

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