Blog Posts
The Accounts Payable (AP) department is a critical business function, managing all outflows from the company, whether related to direct costs, overhead costs or capital expenditures. Mismanaging outfl...
Business process automation software (BPA) and business process outsourcing (BPO) companies use advanced technologies to optimize your critical business processes. Whether it be processing invoices, b...
Some companies offer early payment discounts to encourage customers to pay their invoices on time. One common early payment vendor discount is the “2/10 net 30,” which means a payment due in 30 days c...
The real estate industry involves huge quantities of signed paper documents. Many of these documents must be stored for several years at a time, due to laws that real estate agencies must follow. As a...
SAP Enterprise Resource Planning is a popular solution employed by enterprises to manage their overall business operations and customer relations. Enterprises can further reduce the resources of time ...
Having inefficient accounts payable processes in place can reduce your ROI. Without a balanced and systematic AP process your organization runs the risk of late or incomplete payments that can result ...
Are you still sending paper statements to your clients? Paper-based companies are struggling to keep up with the new digital age. Traditional statements require a constant supply of paper, printing ma...
When planning a document scanning project, it is necessary to calculate the amount of documents you have to scan in order to have a preliminary estimate of the size and costs of your project. Needless...
By engaging Octacom to assist in document scanning, indexing and hosting your paper files, you will see improved search-ability and rapid access. Your team will have more time to focus on important ta...
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