Why It Is Essential to Have an Organized Filing System

Nothing can decrease a company’s productivity and efficiency faster than a lack of organization. One of the most important aspects of organization is having a filing system that offers quick and easy access to key documents while keeping them safe. Sensitive data requires proper storage while files required for the everyday operation of your business must be available without delay.

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5 Strategies for Your Accounts Payable Department

For today’s modern business, technology has allowed us to reach more customers and suppliers than ever before. Today, a business can buy products, materials, and even seek out specialized expertise from partners all across the globe, and communicate with them throughout the process. This has helped small businesses form, larger businesses expand, and it’s benefited consumers across the world, too.

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Benefits of a Document Management Solution

Despite our reliance on digital technologies, the truth is that many companies still operate using paper documentation. Whether you’re processing orders for your lumber mill or maintaining patient records at a dental office, juggling business information is a challenging task.

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Key Benefits of Automating Your AR Remittance Processing

In many organizations, you could say Accounts Receivable is the gatekeeper of company finances. Even if your business has a separate department that handles revenue and cash flow, a solid AR team can ensure your company isn’t losing any money. Because AR is responsible for collecting funds, mistakes can be costly.

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How AP Automation Can Help Your Organization Fight Fraud

With thousands of financial transactions happening per year, a company’s accounting department can be vulnerable to fraud and other suspicious activity. Although many of us swear we would never fall victim to phishing scams, the truth is these scams are becoming more and more sophisticated every day. An example of one such instance is the unfortunate case of MacEwan University in Edmonton.

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