3 best accounts payable practices that bolster working capital
When corporate finance professionals advocate for automating their accounts payable (AP) process, they often cite how automation brings down the cost of paying bills and reduces the number of paper checks that are written. But these conversations sometimes overlook another important way the digitization of the AP function can be leveraged to help an organization’s bottom line. Namely, it can help improve a company’s access to working capital, which can be especially valuable in periods of rising…
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