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How Accounts Payable Automation helps reduce payment Frauds in Businesses

January 20th, 2021|Business|

One of the prime issues faced by the accounts department is that of fraud. It hampers the working and profitability of the business. The accounts payable process helps improve relations with suppliers of materials required for the functioning of an organization. Accounts payable fraud has become one of the major concerns in most organizations during the pandemic as most

5 benefits of Automating Accounts Payable

January 20th, 2021|Business|

Accounts Department holds a key position in an organization, maintaining every day and yearly accounts. This department is also responsible for managing the profitability of an organization. Without this department, all other departments cannot function properly as cash flows through it. The accounts department manages the credit due to an organization when it procures goods or services from various

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