by Israel Lunac | Oct 6, 2020 | Articles
B2B payment fraud is on the rise. In 2019, 81% of organizations reported they were the target of an actual or attempted payments fraud. That year marked the second highest rate since 2009, with only 2018’s 82% level being higher. Hackers are increasingly...
by Israel Lunac | Sep 29, 2020 | Articles
Accounts Payable departments often lag behind others in the company adopting forward-thinking principles. Human Resources, sales, and production departments use the latest technology. AP departments, though, still rely on too much manual work. Automation is an...
by Israel Lunac | Sep 15, 2020 | Articles
Accounts Payables are one of the most important parts of the financial side of businesses. Vendors need to get paid to keep things moving, so the more time and money you can save processing APs, the better. Emerging technologies, coupled with acceptable modern...
by BluePenguin | Sep 3, 2020 | Articles
For many years accounts payable processing has been a manual process. With hundreds, if not thousands of papers to process by hand, the room for error is tremendous, and the risks are simply difficult to justify. Manual AP processing is also costly because it slows...
by BluePenguin | Aug 27, 2020 | Articles
The Major Advantages of Virtual Cards versus P-cards Businesses around the country are beginning to realize the exorbitant cost of relying on traditional paper checks for invoice payments. A 2018 study from PYMNTS and Mastercard reported that checks cost businesses...
by BluePenguin | Aug 17, 2020 | Articles
Businesses have taken advantage of credit card reward programs for years now. These points, perks, or cashback rewards are an excellent way for companies to get value from payments they have to make. Today, though, businesses realize there’s a better way to pay...
