Optimizing Procurement to Pay Strategies Blog
SnapAP Blog curates and offers comments on what is next in the growing automation of business management practices
in supplier procurement, relationship enhancement, and accurate payment of invoices.
SnapAP editors identify emerging best practices and amplify the trending use of technology for overall gains in efficiency from digital automation.
Benefits of Implementing a Digital Procurement to Pay Platform: This is the second post in a series exploring specific solutions available to the many problems identified under the heading of AP Problems. First in the series is AP Problem #1: [...]
Problem-Analysis-Solution for Defect Rate Reduction: When defects in your payables process rob your productivity and threaten the efficiency of your accounts payable department, then it is time to consider how to reduce your company’s defect rate on invoice processing. AP [...]
Procurement Best Practices for the Construction Industry We love the focus of this recommended article on identifying the challenges facing the global, as well as local, construction industry. The construction industry is challenged to get the right supplier chosen with [...]
Changing Your Business OS is Critical to Business Efficiency At SnapAP, we frequently have the most interesting conversations with customers. Ask any enterprise manager what they fear most, and the answer will frequently be "trying to fix something that does [...]
Digitalization: Doing Something Better and Something New Inside SnapAP, we talk a lot about what is driving our customers to seek new solutions. The current consensus is that the need for efficiency drives our customers' decisions. Cost escalations from manual [...]
Avoid Fraud Loss. Prevent Duplicate Invoice Payments Invoice fraud is more common as a financial loss than we think. Consider this.Barclays Bank released in March of 2019 that as many as one in seven small businesses (SMBs) have been victimized [...]