Blog about financial processes

Nov 08 , 2018

5 Ways to Benefit from Switching to e-Invoicing in Accounts Payable

by Heikki Pulli e-Invoicing Trends, Accounts Payable Optimization, Digitalization, Invoice Process Automation, E-invoicing

How much time and money could you save if you switched to e-invoicing in Accounts Payable? In this blog, we go over the key benefits of electronic invoice receiving and handling.

Oct 23 , 2018

Forget Virtual Accounts! In-House Bank with Modern Matching Solves the COBO Challenge

by Jouni Kirjola Treasury Optimization, Accounts Payable Optimization, Accounts Receivable Optimization, Finance Centralization, Cash Management, In-House Banking, Accounts Receivable Automation, Accounts Receivable Matching

Centralization of cash processes is a key objective for corporate Treasurers. This blog explores how to best build a collection on-behalf-of structure without virtual accounts.

Sep 05 , 2018

Stop Wasting Time and Money: Paper Invoices Prevent Accounts Payable Efficiency

by Jennie Klaesson e-Invoicing Trends, Accounts Payable Optimization, Digitalization, Invoice Process Automation, Business Network, E-invoicing

High rates of paper and unstructured email invoices prevent efficient invoice handling in mid-sized companies. Switching to e-invoices can spark Accounts Payable improvement.

Jun 05 , 2018

Keep Going! 6 Reasons to Consider POBO and COBO

by Jaakko Kilpinen Treasury Optimization, Accounts Payable Optimization, Accounts Receivable Optimization, Finance Centralization, Cash Management, In-House Banking

Take a step further in in-house banking and boost the efficiency of your organization’s financial processes with POBO and COBO. Here are 6 reasons why it pays off.

Nov 16 , 2016

Accurate Procurement Means Easier Invoicing

by Tobias Wikström Accounts Payable Optimization, Procurement Trends, Invoice Process Automation

It’s no secret that the invoice handling process in best-in-class organizations operates like clockwork. But just how do they achieve this?

Oct 26 , 2016

How to Improve Your Invoice Data Quality

by Tobias Wikström Accounts Payable Optimization, Digitalization, Invoice Process Automation

Developments in invoice processing have made the practice easier and faster than before, but have also made it more challenging for accounts payable to improve at the same pace.

Jun 15 , 2016

5 Tips for a Safer AP Process

by OpusCapita Payment Fraud Prevention, Accounts Payable Optimization, Payments and Financing, Invoice Process Automation

Accounts Payable (AP) is one of the most attractive business processes for fraudsters to target. Get in control of what happens in your AP with these 5 tips!

Jun 17 , 2015

Lengthening Payment Terms Challenge Nordic Companies

by OpusCapita Accounts Payable Optimization, Accounts Receivable Optimization, Finance Centralization, Industry Trends and Technology, Cash Management, Payments and Financing

The global trend of lengthening payment terms between companies is increasingly affecting the financial situation and operating capabilities of Nordic companies.