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Why AP Automation should be your Next Hire
Dealing with accounts payable is an involved and demanding process for any team. When issues appear, like errors or burnout, many companies try to fix it by hiring more staff. At present, there are 6,000 AP related positions open on indeed.com. Befor...
What is AP Automation?
AP (Accounts Payable) Automation refers to the use of technology to streamline and automate the process of paying bills and invoices. This can include tasks such as scanning and digitizing paper invoices, routing invoices for approval, and integratin...
Struggling with SORP compliance? Easily Access the Data you Need with Invoice Automation
We all agree that accounting and managing finances can be a headache. It’s the beating heart of any business but can lead to time and effort being wasted at no fault of the team involved. This is especially true for charities. Charities are subject...
How Finance Dashboards are Driving Change in 2023
Some of you may have clicked into this blogpost wondering what a financial dashboard is, or maybe you are intimately familiar with them. Either way, you want to know is this something that can benefit your business and the bottom line? So, what are f...
Real-time Invoice Performance Monitoring
How do you measure the success of your AP team? Introducing Kefron AP Dashboard, a proactive, real-time invoice data solution for better decision making. Kefron AP builds on its Dynamic Data Capture Technology by opening a wealth of invoice data so y...
Is the Concept of a 4 Day Work Week New?
Reducing the hours of the traditional work week is an idea that has been around for some time. In fact, as early as 1930, renowned British economist John Maynard Keynes estimated that within a couple of generations a 15 hour work week would be achiev...
How to Offset Inflation with AP Automation
Rising inflation is pressing businesses to adopt cost-effective operating procedures. The Office for Budget Responsibility (OBR) in its recent report indicated that Consumer Prices Index (CPI) inflation to reach 8.7 per cent in the fourth quarter of ...
How Suppliers Can Help Themselves to Faster Payments
Why invest in a smart AP Automation solution? Is your invoicing solution smart enough? If your invoice processing system is impacting your relationship with suppliers and customers in addition to hurting your brand image, it is time to look at a smar...
New CSO Figures Show Fraud Offences in Ireland Almost Doubled in Last 12 Months
Fraud offences almost doubled in the past year, according to the latest recorded crime figures for the 12 months to March 2022 released by the Central Statistics Office. The CSO says the increase of 88% was largely driven by unauthorised transactions...
How a motor manufacturer reaches 90% touch-free invoice processing
While Heritage Parts Centre continues to expand, now offering customers online channels to purchase parts and communicate with the company, its accounts payable process remained relatively unchanged, with the finance team manually processing the inco...