State of Accounts Payable Today
A study of 600 finance workers found that 76% of accounting teams, with automated AP, report increased productivity and less overtime.
Invoice approval delays, document management and late vendor payments surfaced as the main AP challenges. This directly impacted the work-life balance of accountants, forcing many to work an extra 10 hours per week.
Download this research to find out:
- How 76 % of finance professionals have increased productivity and reduced overtime
- How to eliminate late payments for good
- How Beanworks improves approvals, payments and AP data access
- How to prevent vendor fraud and expense abuse that 60 % of businesses experienced this year
Rethinking Accounts Payable in the Midst of a Pandemic
The pandemic has forced many accounting teams to adjust the way they work as they struggle to keep up with outdated processes.
Download this white paper to learn about the challenges of accounts payable in the time of a pandemic, including:
- Only 54% of finance teams working from home can make all their AP payments
- 85% of employees wish their employer would do more to help them adapt and manage remote work
- AP teams typically spend 60-80% more than they need to on invoice processing costs
Learn best practice advice to overcome these challenges and set your team up for success now and in the future.
Strategies to Avoid the ‘Great Resignation’ in Your AP Team
A study of 31,000 workers found that 41% are considering quitting their job this year. The statistics reflect the workforces’ discomfort and discontent about going back to the office. Experts are calling it, the Great Resignation.
The sentiment is shared across multiple industries including accounting where 82% of respondents reported lower levels of stress when working from home. It’s why an overwhelming majority (93%) of employees in finance want to continue working remotely.
But what can organizations do to retain existing talent and lure the best finance professionals to the company?
Download this white paper to learn:
- Four strategies to attract and retain top talent
- How AP automation can empower remote teams
- Best practices implemented by other finance teams
Stop Fraud Now: How to Protect Your Company with AP Automation
Many companies are under the impression that their manual processes provide strong internal controls. However, scammers have become increasingly sophisticated, making it much more difficult to identify false invoices or fraudulent requests without the aid of technology.
With the risk of internal and external scams heightened due to an abrupt change in working practices, companies need better controls.
AP automation can help mitigate fraud in B2B payments by strengthening approval channels and increasing visibility.
Download this free white paper to learn how to:
- Detect BEC scams and other external fraud threats
- Strengthen internal expense management controls
- Secure cross-border payments and remove inefficiencies
Solving Your Top AP Challenges in 2021
79% of accountants say manual processes are their biggest challenge. From data entry to chasing approvals, managing AP can be time-consuming and costly.
Download this white paper to learn:
- Top challenges of managing POs, invoices, payments and expenses and how to solve them
- Steps to mitigate risks such as duplicate payments
- Solutions for managing AP from home
- How to reduce the cost of invoice processing by more than 80%
A Guide to Choosing the Right AP Automation Tools
How much time does your accounting team spend entering invoice data and chasing approvals each month?
Manual accounting tasks are time-consuming and tedious, and they can lead to costly errors and fraudulent activity.
Automation tools can help tackle these challenges and allow your AP team to focus on more valuable tasks.
Download this free white paper to learn:
- The different types of automation tools available
- How implementing AP software can reduce invoice processing costs by up to 80%
- Why you need a full 360° solution that manages POs, invoices, expenses and payments
A Guide to Choosing the Right AP Automation Tools
How much time does your accounting team spend entering invoice data and chasing approvals each month?
Manual accounting tasks are time-consuming and tedious, and they can lead to costly errors and fraudulent activity.
Automation tools can help tackle these challenges and allow your AP team to focus on more valuable tasks.
Download this free white paper to learn:
- The different types of automation tools available
- How implementing AP software can reduce invoice processing costs by up to 80%
- Why you need a full 360° solution that manages POs, invoices, expenses and payments
Solving Your Top AP Challenges in 2021
79% of accountants say manual processes are their biggest challenge. From data entry to chasing approvals, managing AP can be time-consuming and costly.
Download this white paper to learn:
- Top challenges of managing POs, invoices, payments and expenses and how to solve them
- Steps to mitigate risks such as duplicate payments
- Solutions for managing AP from home
- How to reduce the cost of invoice processing by more than 80%
Rethinking Accounts Payable in the Midst of a Pandemic
The pandemic has forced many accounting teams to adjust the way they work as they struggle to keep up with outdated processes.
Download this white paper to learn about the challenges of accounts payable in the time of a pandemic, including:
- Only 54% of finance teams working from home can make all their AP payments
- 85% of employees wish their employer would do more to help them adapt and manage remote work
- AP teams typically spend 60-80% more than they need to on invoice processing costs
Learn best practice advice to overcome these challenges and set your team up for success now and in the future.
The Top 4 Accounting Processes to Automate
Automation is reshaping the accounting industry. According to a recent survey of 450 CFOs, tech deployment was important for more than 50% of finance professionals to increase productivity, reduce human error, and have staff focus on strategic tasks.
Download this white paper to learn:
- Key accounting processes to automate
- How to reduce costs and maximize resources in accounting
Mature Accounts Payable for the Small and Mid-Size Enterprise
Automating Accounts Payable (AP) is a simple yet effective way of driving down back-office costs, yet according to this Levvel Research, many SMEs are still processing invoices manually.
Download this white paper to learn:
- Most common methods used for receiving invoices, routing approvals and data entry across organizations of different sizes.
- The top opportunities for improvement with AP automation.
- Three key benchmarks for evaluating AP team performance.
- The average cost of processing an invoice manually.
How to Guard Against Accounts Payable Risk
A Guide to Preventing Fraud in Your AP Operations
Fraud is on the rise, with 82% of financial professionals in North America reporting that their organizations experienced attempted or successful payments fraud. According to a new guide by Levvel Research, fraud typically occurs within the accounts payable functions.
This guide explores current fraud trends in the market and offers best practices for organizations looking to improve their management of risk. Download a free copy to learn:
- The most common types of fraud and how they occur.
- The latest research on vendor payment methods and challenges.
- 6 actionable steps to prevent fraud from occurring at your organization.
Rethinking Accounts Payable in the Midst of a Pandemic
The pandemic has forced many accounting teams to adjust the way they work as they struggle to keep up with outdated processes.
Download this white paper to learn about the challenges of accounts payable in the time of a pandemic, including:
- Only 54% of finance teams working from home can make all their AP payments
- 85% of employees wish their employer would do more to help them adapt and manage remote work
- AP teams typically spend 60-80% more than they need to on invoice processing costs
Learn best practice advice to overcome these challenges and set your team up for success now and in the future.
The Top 4 Accounting Processes to Automate
Automation is reshaping the accounting industry. According to a recent survey of 450 CFOs, tech deployment was important for more than 50% of finance professionals to increase productivity, reduce human error, and have staff focus on strategic tasks.
Download this white paper to learn:
- Key accounting processes to automate
- How to reduce costs and maximize resources in accounting
Mature Accounts Payable for the Small and Mid-Size Enterprise
Automating Accounts Payable (AP) is a simple yet effective way of driving down back-office costs, yet according to this Levvel Research, many SMEs are still processing invoices manually.
Download this white paper to learn:
- Most common methods used for receiving invoices, routing approvals and data entry across organizations of different sizes.
- The top opportunities for improvement with AP automation.
- Three key benchmarks for evaluating AP team performance.
- The average cost of processing an invoice manually.