Is your hotel Accounts Payable team buried under invoices? Harried, stressed, balancing invoices, due dates, approvals, and dragged down by manual entry processes? It doesn’t have to be this way. Imagine a streamlined future where invoices are automatically scanned,...

The market for accounts payable (AP) automation software is saturated. There are plenty of software solution companies to choose from that cater to SMBs, mid-market or Enterprise. Most are mediocre but there are some great solutions out there. Depending on your...

Discover the pitfalls of using traditional paper checks for vendor payments in the digital age. Explore delays, fraud risks, limited control, processing costs, and environmental concerns. Learn why it’s time to make the switch to digital payment solutions for your business’s financial security and efficiency.

Written by: Bradley Bloch, CEO of factura.ai In the 1990s Steve Jobs referred to the computer as the bicycle of the mind. This thought came to him after he read about a study of locomotive efficiency. In the study, different animals were tested to see which used the...

Written by: Bradley Bloch, CEO of factura.ai When it comes to accounts payable efficiency, nothing moves the needle like automation.  Compared to their peers with little or no automation, highly automated payables departments: • Spend less than one-fourth as much on...

Written by: Bradley Bloch, CEO of factura.ai Adapting to the new reality has been a whirlwind of activity for accounts payable leaders. • Staff needed essential tools such as laptops, phones, Internet access and office equipment. • Processes and procedures for...

Written by: Bradley Bloch, CEO of factura.ai  Any way you slice it, manual invoice processing is less efficient and effective than automation. It costs highly automated accounts payable departments less than one-quarter of what their less-automated peers spend to...

Written by: Bradley Bloch, CEO of factura.ai   Change historically comes slowly to accounts payable. But in 2020, everything seemingly has changed in the way that businesses process their payables: • New operating models • New risks • New challenges • New economic...

Written by: Bradley Bloch, CEO of factura.ai Last week I saw a headline that Russell Kirsch passed away. My first reaction was, who is Russell Kirsch? After reading the article about his amazing achievements, I thought I would dedicate an article to highlight some of...

Written by: Bradley Bloch, CEO of factura.ai    Covid has brought out the good, the bad, and the ugly of running a business today. Some businesses are thriving while others, unfortunately, have been killed. Somewhere in between in business purgatory is where most...