In a few short years, artificial intelligence has evolved from a niche concept discussed only by technical teams to a technology used across nearly every part of the business. According to a survey from McKinsey & Company, 88% of organizations regularly use AI in at least one business function, up from 78% just a year […]

When profitability is under pressure, organizations often turn to three familiar levers: revenue growth, pricing strategy, and cost cutting. While these strategies matter, there’s another powerful profitability factor that rarely comes up: accounts payable.  AP touches every dollar that leaves the business, yet it’s rarely treated as a strategic lever. Instead, it’s seen as a

Let’s face it: year-end isn’t always a happy time for finance teams. Often, it’s a high-pressure stretch filled with late nights, last-minute reconciliations, and invoices and approvals that all seem to arrive at the eleventh hour.  It’s easy to accept this chaos as inevitable. But in reality, much of the stress of year-end close is

When it comes to controlling spend, many finance teams are primarily focused on invoices. After all, invoices are what moves money, and keeping them accurate helps prevent a lot of costly problems.  But too often, companies overlook what happens before the invoice arrives. A pallet may be short or a delivery might show up late

Chasing down invoice approvals can be a real pain. And it’s a pain many finance teams know all too well. In fact, a recent survey found that more than half of finance professionals feel their approval workflows don’t perform well. Informal approval processes like email threads, verbal OKs, and sticky notes might work for a

Close your eyes and think back to the days when metal filing cabinets lined office halls and finance teams had to rifle through stacks of paper, hoping to find the right invoice.  Truth be told, those days aren’t behind us – at least not entirely. Even in 2025, many finance teams are still chasing paper