I came over a July 2016 study entitled “Small Shippers Playing Payment Catch Up: Transportation Payment Benchmark Study” by American Shipper https://www.americanshipper.com/Main/Reports.aspx Even though the study is about freight shipments, its’ relevance to all types of Payable is unquestionable. What I took from the report in summary: Ready to…
Invoice Errors in Shipping
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Is your accounting department process Efficient or Adequate?
Which triangle here below depicts your company’s AP and AR process? Ready to automate? Schedule a Demo
How healthy is your AP & AR process?
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3 Reasons Reconciliation process is imperative for Logistics Companies
1. Ascertain “Accurate” profit: When Operation Department close “files”, profit is determined using accrued costs based on quotes received from vendors. This profit then is the “Potential” profit and not the “Accurate” profit. To determine the “Accurate profit”, bills received from vendors have to be matched and reconciled against…
5 Signs You Are Ready for Automation
Lately, Automation, The Cloud and New Infrastructure seem to be taking over almost every business sector. Is your company accounting department, particularly your accounts payable department, ready to move into this new automated world? Here are 5 signs that you may be ready for reconciliation automation: You find it difficult…
Relieve Reconciliation Pain
Goh-RSMS Reconciliation and Settlement Software
Implementing Goh = potential 65% process cost reduction in Accounts Payable and Receivable. Contact us and we will demonstrate the how.