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11 Apr

Methods of Identifying Fraud and How To Prevent It

by Lucy
in Advice, Innovation, Marketing, Technology, Uncategorized
Comments

One of the most significant challenges of Accounts Payable (AP) is encountering fraud. AP fraud could be damaging to the business. These incidents can happen in both external and internal environments of the organization.   AutoReconcile gives an overview of classic methods of identifying fraud and how to prevent it. Having a basic knowledge of AP fraud can help protect the business' financial loss.   Identifying Suspicious Fraud Incidents 1. Increasing...

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28 Feb

The Future of Accounts Payable Workflow

by Lucy
in Advice, Advice, Innovation, Marketing, Trends
Comments

What is the future of the accounts payable (AP) workflow?   AutoReconcile promotes innovation. This idea helps simplify the AP process that leads to a better future.   How can you define that the future is already here? Small improvements like upgrading the systems and digitalizing payables workflow are examples of a futuristic approach to the AP department.   There is no change in the workflow, but through automation, the old...

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17 Jan

AutoReconcile FAQs

by Lucy
in Advice, Ideas, Uncategorized
Comments

The AutoReconcile team has compiled general questions and answers that would help you understand the business. What is AutoReconcile? AutoReconcile AP Automation – Transforms all invoice information, including header, supplier, line item and totals data, into digital formats ready for automated processing. This ensures that invoices are from valid suppliers, match valid purchase orders (PO’s), and/or receipts, are correctly totaled so you are confident that only valid invoices are processed. Getting started Registrar your interest...

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