ARTICLE - Concerns about fraud remains one of the biggest reasons that businesses still pay their suppliers with paper checks instead of with electronic methods. Ironically, paper checks leave businesses at greater risk of fraud than electronic payments.
Article - Making refunds with technology that is native in NetSuite streamlines an otherwise laborious and time-consuming process. A single screen within NetSuite enables users to filter credits by date and business unit.
ARTICLE - A self-service supplier portal reduces the amount of time it takes AP departments to pay suppliers. And improving staff productivity is vital in turbulent times. Many businesses have achieved a 200 percent increase in efficiency by deploying a supplier portal.
ARTICLE - Remote and hybrid arrangements are the ‘new normal’ in back-office work. The shift to remote and hybrid work environments disrupted established policies and procedures for paying suppliers. Learn the top 5 automation features to implement for success.
ARTICLE - The risk of payment fraud is rising. Unless businesses establish secure connections between their ERP and third-party servers, their data will remain at risk. Deploying a solution that provides secure bi-directional connectivity between their NetSuite ERP and third-party servers can stop payment fraud in its tracks.
ARTICLE - The operational disruption caused by the pandemic has created a golden opportunity for fraudsters. ePayables solutions for NetSuite help businesses mitigate the risk of payments fraud. Learn about 4 ways ePayables solutions stop fraudsters in their tracks
ARTICLE - Paying suppliers is one of the biggest drains on an accounts payable professional's time. The reason supplier payments are so time-consuming is the disjointed way that businesses manage them. A single platform for paying suppliers using any method is needed.
ARTICLE - When there are payments, there are going to be refunds. The root of the problem is that most businesses still use paper checks to refund money to customers. Electronic payments for refunds are cheaper, faster, more convenient, and significantly less likely to result in lost or stolen payments.
ARTICLE - It’s no secret that it costs more to execute a check payment than electronic payment. The transaction processing costs are more than 30 times as much. Learn about the four hidden costs that chip away at corporate profitability when paying suppliers with paper checks.
ARTICLE - What’s standing in the way of your organization paying more of its suppliers electronically? A self-service portal makes it easy to enable suppliers, no matter where payables staff work.
