Showing posts tagged with: Invoice Processing

May 8, 2018

Fast, Reliable, Data Accurate Accounts Payable Processing
Use Virtual Data Partners’ DocXAP to Stay Focused on Your Expertise

Paperwork Seems to Scale Faster than Sales

As a growing business, you know the importance, and frustration, of trying to stay on top of all the paperwork that is required in your AP department. Somehow it seems that for every dollar of increased revenue there are several times more sheets of paper (both physical and electronic) flying around that need to be accounted for, and processed properly. You can’t afford to mess this up.

Know Your Strengths – And Limitations

Don’t let all the clutter interfere with what drives the root success of your business. Clients love working with small or medium-sized businesses. Yes, you have found a need in the market, and you’re fulfilling it. But you also still value your customers. You know that your business depends on satisfying them not just with your product or service, but their entire experience with your organization. So, you pay them extra attention and put every effort into making sure they are 100% satisfied. Continue reading “Fast, Reliable, Data Accurate Accounts Payable Processing” →

May 8, 2017

Lead Your Business To The End Zone With VDP
Why has Bill Belichick won the most Super Bowl titles in NFL history? If you ask 100 people you’ll probably get 100 different answers. Some might say because he’s a genius. Others might say, “I hate the Patriots.” But one indisputable truth is that Bill has always had a vision and a plan. His “Do your job” mantra correlates directly to the business world in terms of how important it is to be prepared, work productively, and pay attention to every detail.

I think we can all take a lesson from Bill’s playbook when it comes to embracing a new company initiative. The reason the Patriots have won five Super Bowls under Bill’s leadership is not because they simply come to play every Sunday; it’s because they execute the game plan with absolute precision. That’s why I often scratch my head when companies start with seeking a technology “solution” to a problem. The technology is just the football. It’s the vision and viability of a game plan for using the technology that determines how successful you can be. Continue reading “Lead Your Business To The End Zone With VDP” →

May 8, 2017

Why Playing Cornhole In The Office Is A Terrible idea
Most people have played cornhole (also known as bean bag toss) at least once in their life. It’s a fun game, but let’s be honest, there’s not much strategy or skill involved. No matter how much you’ve had to drink or how bad of aim you have, if you keep at it, chances are one of those bean bags will end up in the hole at some point. That’s what I liken many AP departments’ methods for processing invoices to. Companies struggle with streamlining their processes, which tend to be very labor-intensive solely because of the volume of paper involved. At the end of the day, there is no strategy. When an invoice is received, it may be a long, drawn-out process to get it paid, but “eventually it will get paid!” Continue reading “Why Playing Cornhole In The Office Is A Terrible idea” →