Best Practices for Accounts Payable

6 Wastes That Kill Efficiency in Your Accounts Payable Department

Being great at what you do means being as efficient as possible. Accounts payable and accounts receivable departments can be full of inefficient processes that can hold a company back. In this article, we will help identify the six wasteful areas and activities that can kill your business efficiency.

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New Year, New Accounts Payable Fraud Prevention Practices

According to the 2017 ACFE Report, more than 23% of all occupational fraud cases resulted in a loss of $1 million each. Fraud prevention is a constant process, especially in the growing digital world. The company you choose to do business with should take your protection seriously, have the highest security standards possible, and alert you immediately if there is any suspicious account activity.

Video Blog #4: 7 Best Practices for Payment Fraud Prevention

OnPay Solutions transforms the way remittance is processed. Thanks to our platform, you receive payments quickly, safely, and at a low cost. Bank-level secure, cost-effective, agnostic to your ERP and bank, highly scalable. Change is only minutes away... Learn More:http://www.onpaysolutions.com/accounts-payable-automation

The 12 Ways to OnPay for Accounts Payable Automation & Accounts Receivable Automation

It's the time for 2018 planning...in addition 'tis the season for holiday tunes, caroling and good cheer! There's hardly a carol more recognized than the 12 Days of Christmas, which serves as our inspiration for our presentation of the unique ways OnPay Solutions supports our hundreds of clients with varying needs...

OnPay Solutions - OnPay Connect: A/P Automation

OnPay Solutions automates accounts payable and accounts receivable in the cloud. You make and receive payments quickly, safely, and at a low cost... while earning cash rebates. Bank-level secure, cost-effective, agnostic to your ERP and bank, revenue-generating. Change is only minutes away: http://www.onpaysolutions.com/get-more-information-about-onpayconnect

Seven Fraud Prevention Practices You're Thankful Your Team Utilizes

According to the 2016 ACFE Report to the Nations, companies lose an estimated 5% of their revenue annually due to fraud. To avoid an attack, your Accounts Payable payment system should have multiple levels of security, especially when used for issuing ACH payments.

Four Reasons Why Accounts Payable Departments are Thankful for Virtual Cards

Many businesses today are leveraging technology to manage finances. With Accounts Payable, you will find that technology can make your process inexpensive, fast, convenient, AND provide a high level of security to your company. One of the newest forms of electronic payments is virtual cards.

5 Reasons Your Company Should Issue A/P Payments with Virtual Credit Cards

In today's digital world, receiving a paper check seems like something of the Stone Ages. Not only is there a significant lag time before the check is transferred from Payer to Payee - but there's also the daunting task on the receiving side of getting deposited either via electronic means or good old-fashioned driving it to the bank.

Video Blog #2: The Benefits of Virtual Cards

OnPay Solutions transforms the way remittance is processed. Thanks to our platform, you receive payments quickly, safely, and at a low cost. Bank-level secure, cost-effective, agnostic to your ERP and bank, highly scalable. Change is only minutes away... Find Out More:http://www.onpaysolutions.com/accounts-payable-automation