2021-12-20 16:30
Digitization is here to stay and it applies to more than just revolutionizing how invoices are processed and payments are approved. Virtual options are more and more commonplace in every are… Read More
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Onpay Solutions Payment Blog
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automation
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accounts payable
finance
digital transformation
invoice automation
tickets hereacircnbsp
paperless
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retail
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2021-11-16 15:14
Are paper and people-based processes leading to higher costs and missed business opportunities in your AP department? You’re not alone. In April 2020, we collaborated with PYMNTS.com i… Read More
2021-09-28 16:30
Digital transformation used to be considered an optional change that your company would hopefully get to in the coming years in order to increase efficiency and deliver fresh growth.One of… Read More
2021-07-16 16:30
Retail is an industry where COVID-19 didn’t set entirely new trends—it sped up ones that were already happening.
It probably wouldn’t surprise you to hear that, per rec… Read More
2021-06-24 18:45
It’s been a challenging year or so for companies in the construction and building industry. If you’re looking to recoup some losses and create a new revenue stream—we hav… Read More
2021-06-11 13:36
Are you tired of dealing with excessive paper-based processes in your AP department?
It's easy to get fed up with searching through piles of paper invoices just to find the one you need to… Read More
2021-05-27 14:53
Although technology has made Accounts Payable (AP) payment automation a standard for many organizations, 60% of businesses in the United States are not aware of the countless benefits of AP… Read More
2021-05-14 16:30
Is your invoice process a burden?
Truth is, a wide swath of companies are waking up to the reality that their antiquated invoice processes are holding their accounts payable (AP) departme… Read More
2021-04-27 18:00
Sweeping changes in processes can be a challenge to conceptualize and implement.
Are you interested in automating your accounts payable (AP) department?
It’s easier than you think!… Read More
2021-03-30 16:45
Who doesn’t want to be on the cutting edge in their industry?
In accounts payable (AP), that means being up to date on the latest and more innovative digital payment options.
The ri… Read More
2021-03-19 16:00
Digital transformation is a goal that’s been around for several years, but in the last year it has gone from a one to five-year project to a chief priority, time-sensitive project. T… Read More
2021-02-26 17:30
Despite the challenges the world is facing, CFOs are optimistic and actively looking to modernize their finance teams.
Per, a survey of CFOs, about eight of ten CFOs who responded sped up… Read More
2021-02-05 17:15
Some best practices are common sense, and some are more technical. Regardless, the first step, after making note of what the best practices for your field are, is to decide where to start… Read More
2021-01-15 18:00
Change is upon us.
Reacting to the ripple effects from COVID-19 isn’t enough anymore if you want your finance department to succeed in the future.
In 2021, you need to take in the… Read More
2020-12-30 19:15
Most finance professionals would agree with the following statement:
The highlights of any year are the conferences you get to attend.
They break up the monotony of the daily grind… Read More
2020-12-24 16:26
It's official, 2020 has come to an end. To celebrate, and help you get a head start on 2021, we've compiled a list of the top 10 accounts payable topics and resources of the year.
The… Read More
2020-11-20 17:15
Is eliminating paper checks enough to crush B2B payments fraud? No, it's only the first step. It's important to finish the move and follow-through by investing into more modern and secure pa… Read More
2020-10-23 16:00
There are a lot of misconceptions about virtual cards that prevent companies from adopting them and taking advantage of their varied benefits.
Today we'll go over the common myths a… Read More
2020-10-09 16:00
Businesses today are talking about the ‘paradigm shift’ occurring in their industries. An increasing amount of CFOs are considering digitally transforming their finance departm… Read More
2020-09-25 16:30
The trek towards automation is no longer going at a leisurely pace. Instead, it's become a fast race to the finish-line motivated by necessity. According to CFO.com, as companies begin to… Read More
2020-09-11 16:15
Modern businesses are all either considering digital transformation or already in the process of doing so. What’s more, over 46% of accounts payable professionals are interested in a… Read More
2020-08-28 16:00
After all, that’s the end goal, right?
Forget payment processes that are burdened by paper and the problems that entails. Leaving that behind is the point of a digital transformation… Read More
2020-08-20 17:00
There are several key friction points in accounts payable (AP) departments.
No doubt you can name some of them off the top of your head. Most of them aren't unique to AP departments… Read More
2020-08-20 17:00
There are several key friction points in accounts payable (AP) departments.
No doubt you can name some of them off the top of your head. Most of them aren't unique to AP departments… Read More
2020-08-13 15:25
A Payments First Approach
It’s well established that payments are mission-critical for any business. Yet, for B2B payments, trillions of dollars in payments are currently issued via p… Read More
2020-07-17 16:00
Imagine you’re the type of person who habitually over-achieves. You drive your work forward with a lead foot, speeding to the front of the pack. You manage this by planning breaks an… Read More
2020-06-26 16:00
Most finance professionals will agree with the statement: efficient and low-cost processes are the ideal to strive towards.
Achieving this is one of the many things in life that is easie… Read More
2020-06-18 16:30
Is your organization looking into automating payments and invoices?
Truth be told, that’s a common project that even the most future-minded companies struggle to implement.
On one… Read More
2020-06-05 15:08
It's not uncommon for organizations to fear moving to a cloud solution, just as there is a trepidation at moving to any newly emerging technology. Yet, moving departments like Accounts Payab… Read More
2020-05-29 16:15
You’ve probably heard the saying, “Coming together is a beginning, staying together is progress, and working together is a success.” This can apply to many areas of life… Read More
2020-05-21 16:21
“Digital Transformation” has become a very popular phrase over the last few decades. Rightly so – we’re deep in the middle of the digital age. It’s… Read More
2020-04-23 17:00
There are as many ways to consider solving a problem as there are leaves in a tree at the height of spring. Finding a solution that will work can be like trying to spot the greenest l… Read More
2020-04-17 13:30
Virtual Conferences, Webinars, Resources & More
It’s been a little over a month since mandatory social distancing orders forced most businesses and office buildings to close thei… Read More
2020-04-09 16:01
“Time isn’t one of the main priorities. It’s the only one,” is a phrase a business professional might tell you to explain their workflow.
Once you hear… Read More
2020-04-02 16:00
You know most businesses are slow to carry out major changes, right?
To most finance professionals, change is scary.
It means looking at processes differently. It means considering ho… Read More
2020-03-26 16:00
Have you heard the saying, “if you are idle, be not solitary; if you are solitary, be not idle.”? There are a few other variants of this, but they boil down to the same idea &mda&hell…Read More
2020-03-20 16:01
The world has changed. The future is still bright.
Three months ago, we were frantically searching for the final items on our Christmas lists. Today, grocery shelves full of household nece… Read More
2020-03-05 14:34
In today's digital world, receiving a paper check seems like something of the Stone Ages. Not only is there a significant lag time before the check is transferred from Payer to Payee … Read More
2020-02-13 22:12
A Comprehensive guide to preventing b2b payments fraud
In July 2018, the FBI reported that Business Email Compromise (BEC) and invoice fraud had resulted in over 12.5 billion (USD) lost glo… Read More
2020-02-06 22:35
In today’s world, finding time to make payments or transfer funds may be challenging. With management of people and processes, monitoring transactions, bank records reconciliation, cre… Read More
2020-01-30 22:00
There are many different types of Commercial Credit options available to businesses these days. There are Travel and Entertainment Cards (T&E), Purchasing Cards, Fleet Cards, Pre… Read More
2020-01-10 18:16
Running a successful business as a CFO or Accounts Payable manager is a constant venture be vigilant about protecting your corporate assets. When dealing with payments like automat… Read More
2020-01-03 20:42
Welcome back to the roaring 20's. There are lot of changes on the horizon for finance professionals. To help you prepare for all things payments related this year (and beyond), we have dilig… Read More
2019-12-26 14:44
The world has come to recognize the role of technology in the future. From businesses to healthcare, from digital documents to automated workflows, more and more leaders have attempted to tr… Read More
2019-12-18 18:12
2019 is almost over and 2020 is right around the corner. If this past decade was any indication, we can expect a lot of changes for payments next year and beyond. As a busy finance professio… Read More
2019-12-05 21:45
Accounts payable managers will face new challenges due to technological advances, multiple payment channels, and pressure to reduce costs. Cloud technology and software automation, for examp… Read More
2019-11-29 01:00
During the holiday season, it's the perfect time to reflect on what we're thankful for. If I asked a group of finance professionals what they're thankful for, most would reply with the… Read More
2019-11-21 23:15
When looking into the future, change can be scary and exciting. It’s uncomfortable, and yet, by enduring the process, we adapt and change just as our businesses. B2B payments &hell…Read More
2019-11-08 00:00
With a new decade quickly approaching, we thought this was the perfect time to start talking about what's next for AP Automation. In this three-part series, we'll cover everything you need t… Read More
2019-10-31 22:07
In honor of Halloween, we'll begin today's blog post with a scary story.
Like all great scary stories, this story is based on real events. Be warned: this story is not for the faint o… Read More
2019-10-24 21:24
The adage “if it ain't broke, don’t fix it” really only works in specific scenarios. It’s a good rule to follow for things like lawnmowers, cars, and electronics, but… Read More
2019-10-10 20:30
Financial technology, or FinTech, has been opening new avenues for electronic payments in business-to-business companies for years. Many companies have moved away from financially (and envir… Read More
2019-10-03 21:36
Original published on May 26th, 2015. Updated on October 3rd, 2019.
Virtual Cards are not new to the U.S. Marketplace. As a matter of fact, they have been available for use for more t… Read More
2019-09-26 22:50
Save Time. Cut Costs. Earn Money.
The world has changed a lot over the last 20 years. In 1998 cellphones were the size of bricks and analysts were making (considered at the time to be crazy… Read More
2019-09-12 19:00
Going Green should have two meanings to the well-informed CFO, Controller and AP Manager...
By now, everyone is programmed to immediately think of the "savings" associated with electron… Read More
2019-06-27 15:37
Accounts Payable Automation streamlines manual processes resulting in reduced paper and improved operational efficiency while reducing the overall cost a… Read More
2019-03-14 12:15
Why would a FINTECH company that specializes in Accounts Payable and Accounts Receivable put this headline in writing, let alone in their own BLOG posting?
Let us explain.
Fir… Read More
2019-02-28 15:52
If you're a complex organization with multiple P&Ls that's looking to gain better control and reduce the time of your accounts payable process while reducing your G&A expenses, you p… Read More
2019-01-22 23:35
If you are a CFO, Controller, CIO or Accounts Payable Manager, you have a lot of great low and no cost options when choosing ways to sharpen your and your team… Read More
2018-12-11 21:24
There are many reasons for automating accounts payable, many more than we can describe in this list. Nevertheless, these are the TOP 12 wishes we heard within this year from Controller… Read More
2018-11-29 14:53
Many corporate finance leaders want a more productive, streamlined, automated digital system that is paperless but know that budgetary restrictions would not allow for building a business ca… Read More
2018-11-01 14:48
Typically in our blog postings we don't toot our own horn. We usually talk about finance, accounting, accounts payable and accounts receivable and how they can be improved, what steps… Read More
2018-10-18 20:11
If you're in Accounts Payable, you probably realize that things aren't quite as automated and streamlined as they are in some other departments in your organization. This is true for e… Read More
2018-10-11 21:16
It's Accounts Payable Appreciation Week and we thought we should share some of the ways that this unsung hero of every business can really impact the company and it's overall performance.&nb&hell…Read More
![CFO Insight:Â The ROI For Payment Automation [Download Your Free ROI Calculator Tool]](https://cdn.blogarama.com/images/posts_thumbs_site_id/13097/1309713-2595650046.w320.jpg "CFO Insight:Â The ROI For Payment Automation [Download Your Free ROI Calculator Tool]")
2018-09-28 14:56
By converting to ePayments or digital payments, an organization can expect an immediate return on investment (ROI)
1.Reduced Cost of accounts payable and payments –… Read More
2018-09-17 12:08
If you are using your bank’s treasury services for payment processing, you are reaping the benefits of having outsourced the process. At the same time, you are tied to that one b… Read More
2018-08-31 21:42
You're a CFO, Controller, Treasury Manager or another leader in a corporate finance and/or accounting department, and despite the fact that it's a long holiday weekend, you likely don't stop… Read More
2018-08-21 13:10
In today's digital world, no one really uses checks regularly for their personal transactions. And now, receiving a paper check seems like something out of the 70's. And the steps… Read More
2018-08-08 02:32
Accounts Payable Best Fraud Deterrent Practices
When was the last time you reviewed your company’s accounts payable practices for process improvement opportunities that can help deter… Read More
2018-08-02 18:48
Accounts Payable Automation streamlines the Accounts Payable Department resulting in reduced manual processes and improved operational efficiency while reducing the overall cost associated w… Read More
2018-07-12 20:59
It’s 2018, most of us don’t write checks anymore and if we do, it’s a rare occasion.
Then why is your accounts payable department is still issuing check payments to v… Read More
2018-06-20 21:38
Overcoming the monumental barrier of collecting supplier bank instructions is typically close to the top of the list of reasons why companies rationalize continuing to issue check payments… Read More
2018-05-23 15:04
Do you know the advantages of accounts receivable automation? Traditionally, a bank lockbox has been used by company Accounts Receivable departments to increase convenience and efficiency.&n&hell…Read More
2018-05-09 19:27
Many businesses today are leveraging new payment technologies to issue payments within accounts payable to streamline processes, cut costs and reduce risk.
One of the newest for… Read More
2018-05-09 14:46
Purchasing cards are prevalent in the B2B payment world because they are convenient and they offer cash-back rebates. They are used by many companies despite there being another, bette… Read More
2018-04-26 21:02
As a financial leader in your organization, you may wonder about the exact steps you can take to improve accounts payable and even increase your cash flow. Also, how to get the best ret… Read More
2018-04-19 20:56
Artificial Intelligence, Machine Learning, the advancement of technology. How does it affect you, and why should you care?
Not too long ago, on a beautiful Saturday I went for a bike ride… Read More
2018-04-11 20:51
Many businesses today are leveraging technology to manage their finances. With Accounts Payable, you will find that technology can make your process inexpensive, faster, and more conv… Read More
2018-04-05 21:50
It's not uncommon for organizations to fear moving to a cloud solution, just as there is a trepidation at moving to any newly emerging technology. Yet, moving departments like Account… Read More
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