Commerce Bank covers how the digitization of the AP function can help improve a company’s access to working capital.
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An efficient accounts payable (AP) process is a necessity for any business as it ensures that vendors and suppliers are paid on time and reduces waste by eliminating late fees and duplicate payments.
That’s why all businesses need an accounts payable reporting process that provides visibility into their cash flow and outstanding debts. We’ll explain accounts payable reporting, why it’s essential, ...