Articles and updates on accounts payable automation, invoice processing and finance operations.
Supply chain finance lets suppliers get paid early on your credit while you keep standard terms. See how it works and how it differs from factoring and discounting.
Read articlePositive pay is a bank service that matches checks you issue against those presented for payment. See how it works, the types, ACH positive pay, and cost.
Read articleACH vs wire transfer compared for business payments: speed, cost, limits, and reversibility, plus when to use each to pay vendors in the US.
Read articleSpend under management (SUM) is the share of company spend controlled through approved contracts and channels. See the formula and how to raise it.
Read articleA self-billing invoice is one the buyer creates on the supplier's behalf. See how self-billing works, when US businesses use it, and the controls it needs.
Read articleInvoice vs statement: an invoice bills one sale and must be recorded in AP; a statement summarizes an account and is informational. See the differences.
Read articleInvoice vs bill: they are the same document seen from two sides. A vendor sends an invoice; the buyer records it as a bill in accounts payable. Here's the difference.
Read articleA goods received note (GRN) confirms your business received goods from a supplier. See what a GRN includes, who creates it, and its role in three-way matching.
Read articleA payment run is a batch process where accounts payable pays many approved invoices at once. See how the AP payment run works, its steps, and how to schedule one.
Read articleSupplier vs vendor: a supplier provides inputs like raw materials, a vendor provides finished goods or services. See how the difference plays out in AP.
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