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Accounts Payable Process Explained: Challenges, Benefits, and Best Practices

Frevvo

You also protect yourself against fraud from parties posing as vendors. We’ll also look at how you can streamline it with process management software. The accounts payable (AP) process is how companies manage payments to suppliers and vendors for goods and services they purchase. Want to skip ahead?

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The Complete Guide to Invoice Automation in 2021

Frevvo

It’s not just that manual invoice processes are slow and cumbersome — they also create a greater risk of fraud. Invoice automation is a great way to combat this since it minimizes the human element of the process. Plus, it accelerates invoicing workflows, cuts out errors, and reduces processing costs. What’s Invoice Automation?

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How to Automate Invoice Management (And Why You Should)

Frevvo

Managing invoices can be pretty straightforward when you only have a few vendors. But once your company starts to scale, invoice management becomes more challenging. So how can you easily manage incoming invoices, categorize them, ensure they’re valid, and make payments on time? What Is Invoice Management?