How does Petty Cash Management Work?
Petty cash is the small amount of cash that a business keeps on hand to pay for any day-to-day expenses because payment of these small and day-to-day expenses is not get paid/ accepted by a cheque or credit card. Petty cash is often used to pay for minor expenses like office supplies, flowers, small luncheons, […]
7 benefits of using Accounts Payable Automation
Accounts payable (AP) automation is used to eliminate manual and repetitive tasks in the end-to-end AP process. Automation helps businesses to receive invoices and process payments — all from a single dashboard. Switching from paper to e-invoices offers significant cost savings. Contrary to the argument of automation replacing humans, AP automation can free accounting teams […]
Automated Accounts Payable and Digital Invoicing: All You Need to Know
A digital end-to-end accounts payable process is an ally for your business. Larger organizations have switched to paperless billing, processing, and payment methods; while smaller ones are catching up. The digital landscape has altered within the last two years. The pandemic has increased the tempo of digitisation. In this blog, we will understand the basics […]
