White Paper: Mineraltree
There is a rapidly growing demand for Accounts Payable Automation as the traditional process is very manual and labor intensive. An automated process reduces errors, eliminates fees incurred from late payment, and eliminates fraudulent charges by increasing visibility and improving controls.
Be sure to choose a solution that integrates with your financial system of record and your bank account, otherwise you will end up with two parallel systems. It is also important to understand whether the payment execution features are consistent with your organization’s expectations for cash flow and management, and payment control.
This whitepaper covers the strategic advantages of Accounts Payable (AP) Automation and why leading finance executives are making AP Automation a priority.
Why Companies Automate
Why Automate Accounts Payable?
The Hidden Costs
The Time To Automate Is Now
Deciding To Automate
By: Zeenyx Software
Effective test automation for terminal-based software can be developed quickly and efficiently. A high degree of coverage and a good return on investment can be achieved while improving software quality. The process and level of effort for building automated tests for terminal-based applications are similar to that of automating tests for applications running on other platforms, including MS Windows and the web. This whitepaper explains the setup, development and execution of automated tests for terminal-based applications, highlighting the differences and similarities as compared to other platforms. Key takeaways from this whitepaper: Creating an effective Test Plan Approach for building automated tests for terminal-based applications through a terminal emulator Challenges related to building test automation for terminal-based applications Ways to manage the test execution process
Providing a total risk management solution is an important aspect for P&C brokers apart from focusing on coverage and obtaining the best price for your client. Clients are looking for brokers that can take on a trusted advisor role, helping them address their true business exposures and help mitigate their total cost of risk. With the right resources, one can offer prospects and clients effective risk management processes which address all of the issues, create value, and become an integral part of their decision-making process. This whitepaper provides steps that should be taken to move towards becoming a trusted risk management advisor for your clients by managing their total cost of risk and providing solutions to help them save money on their long-term risk management costs. It addresses the following key questions: How does risk management impact a business’s bottom line? What are the employers’ top 3 risk management challenges? What are the most effective ways through which a broker can take on the advisor role? Deliver a total risk management solution to your clients and you’ll find yourself with a new business model that makes both you and your clients more successful.
What is Automated Processing ?
As a technical term, Automated Processing is used for describing any process that has been automated through the use of computers or computer enables systems or software. An automated processing system requires less time and human resources to deliver a task. Relating to this, an Automated Data Processing is a technology that automatically processes data where technical devices like computers and communicating electronics are attached to gather, store and distribute data.
What is accounting ?
In financial transactions of business— the systematic recording, reporting, and analysis are termed as accounting. It is a system that is used to measure business activities, process information and help aid in making relevant business-related decisions. Usually, accounting is referred to as the ‘language of business’, hence the better the understanding of language— better are the decisions made. The basic accounting terms include terms like revenues, liabilities, assets, expenses, balance sheet
What is accounts payable ?
Accounts Payable involves the payments made to the supplier in a short period of time to avoid non-payment.We avail services such as electricity, the internet, and telephone for which we pay at the end of the month. It means that a customer is handed over the bill after a particular billing period. This turns out to be Accounts Payable.