AP Depart Process

Is your AP Department Running at Peak Performance?

Market Perspectives from IOMA Industry Report Evaluating your AP Department Effective management of working capital, defined as current assets minus current liabilities, is one of the oldest financial management practices. Hand-in-hand with this practice is the generally held belief that short-term needs should be financed with short-term sources of cash, and long-term needs should be…

Posted on February 6, 2020 by Liang McIntosh-Yee

The Ins and Outs of Virtual Credit Cards

Learn how virtual credit cards work and how they can benefit your company’s bottom line If you are involved in purchasing or financial decision-making for your company, you have likely heard the excitement surrounding virtual credit cards (also known as electronic or epayables) over the last few years. The payment industry is moving increasingly towards paperless…

Posted on November 8, 2018 by Liang McIntosh-Yee

AP Automation Budgeting Tips

4 Easy Ways to Budget for AP Automation

The beginning of every new year means setting a budget that will keep cash flow strong throughout the year. Unfortunately, this year-to-year existence means back office projects often get pushed aside. Leaders know those projects could save money and improve overall efficiency, but they simply don’t have the extra money in the current year to…

Posted on November 14, 2017 by Liang McIntosh-Yee

30 Years in Accounts Payable

30 Years of Accounts Payable: How the Industry Has Changed

In the past 30 years, many shifts have occurred, changing how we process account payables and these advancements are continuing. One thing, however, that remains constant is that everyone still must pay invoices and they desire to do so accurately and efficiently. In the 1980s, when Gary Halleen first began working in the accounts payable…

Posted on September 19, 2017 by Gary Halleen

It's time for AP Automation

Convincing Your Leadership It’s Time for AP Automation

At one time, leaders were the primary innovators in a company. Perhaps they attended an event where they learned about a new technology that could streamline operations and improve productivity. Sometimes a solutions provider would contact them directly, offering to demonstrate how they could save significant money each year through automation. In other cases, they…

Posted on September 19, 2017 by Liang McIntosh-Yee

Going Paperless

6 Benchmarks for Improving Your Accounts Payable Department’s Efficiency

A business is only as good as its cash flow. Generating income is part of the equation, but it’s also important to restrict expenses and track everything. For decades, organizations have trekked along, following the same procedures they’ve used all along. Unfortunately, without occasionally reviewing the performance of your AP functions, you may be missing…

Posted on August 17, 2017 by Liang McIntosh-Yee


Accounts Payable Automation + The Hospitality Industry = Fewer Costly Errors

The hospitality industry is thriving, with employment growing even when other industries are slowing down. Running a hotel or restaurant is a highly rewarding, but often exhausting, career. Hospitality owners and managers need to balance daily administration with providing top-quality customer service in an industry where consumers have come to expect the very best. As…

Posted on July 26, 2017 by Liang McIntosh-Yee

The Future of Accounts Payable and Accounts Receivable: Convergence

In my last two blogs of this series, I made the following statements: “In the past Accounts Payable (AP) and Accounts Receivable (AR) were rarely spoken about in the same breath.”  “In most cases small companies start out with AR and AP being done by the same person.  That person has all the information at…

Posted on October 27, 2016 by Gary Halleen

Are You Prepared for the Convergence of Accounts Payable and Accounts Receivable?

In the past, Accounts Payable (AP) and Accounts Receivable (AR) were rarely spoken about in the same breath. This is changing because automation is making it easier to implement processes across both departments. Particular job functions are blurring and reporting lines are disappearing. This convergence is occurring because the technology is available that provides one…

Posted on October 13, 2016 by Gary Halleen

Profile: Christine Hurt, Corporate Controller, LandCare

Centreviews is pleased to be able to provide this executive profile about Christine Hurt, Corporate Controller at LandCare. Christine helped implement the Centreviews Payables Solution at LandCare. Not afraid of change, Christine found out about the Centreviews Vendor Payment Solution and realized the potential savings a complete payment solution would provide LandCare. Career Beginnings After…

Posted on September 6, 2016 by Liang McIntosh-Yee

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