Articles By: Fidesic by Enliven Software

Accounts Payable Fraud Risks

Whether or not accounts payable fraud has occurred in a business, companies of all sizes are vulnerable to it. Fraud can be committed by external parties or internal employees, and tight controls need to be in place to prevent it. According to a survey by the Association for Financial Professionals, 81% of organizations were targets of payments …

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How Much Can AP Automation Save You on Invoice Processing?

When figuring accounts payable overhead costs, you’ll have to consider the cost of processing each invoice. What does it cost to process your invoices, and how can you reduce that cost with AP Automation? Average invoice processing cost   According to a survey by the American Productivity & Quality Center, businesses without automated invoice processing …

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How to Reduce Workplace Stress

Managers who reduce stress in workplace environments may see increased productivity and they will feel great about it. But before we discuss how to reduce workplace stress let’s take a look at why it makes sense from a business perspective. Why Reduce Workplace Stress On-the-job stress is not only bad for employees, it’s bad for …

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Accounts Payable Audit for Non Profits

Getting ready for a financial audit in the not-for-profit sector is very similar to preparing for an audit in the for-profit sector, and accounts payable audits are a key part of audits. Accounts payable audits can be stressful and strenuous, lasting anywhere from a week to a month. In order to ease the strain and …

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How Much Does it Cost to Process an Invoice?

The cost of processing an invoice is a key metric for evaluating accounts payable overhead for any business. In this post we will look at the average cost per invoice. We will also break this down into the cost for each of the key steps in the AP process that effect the average cost to …

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Payments Fraud Trends 2020

While payments fraud decreased in 2020 compared to the previous year, 3 out of 4 organizations still experienced payments fraud, according to survey results from the Association for Financial Professionals and JP Morgan. In this post we will look at the most common types of payments fraud from last year and how to prevent accounts payable …

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Leveraging Dynamics GP to Process Check Requests

By creating efficiencies and showing a return on investment, businesses can justify IT spending and gain a competitive advantage by reducing overhead costs. Two simply features of the Fidesic Platform can help reduced administrative tasks, improve accuracy, and support electronic document management to provide transparency in Check Requests and Request for Payment transactions. I will now explain how Check Requests with Fidesic can help your organization to collect payments or create disbursements leveraging Dynamics GP.

Franchise Online Statements for Dynamics GP: 4 Relief Points

You’re a controller for a franchise organization sitting in the accounting department at headquarters using Dynamics GP as your core ERP solution as you have out-grown QuickBooks. All that you can hear is the constant humming of the printing of paper invoices to be mailed all across the country, ringing of franchisees calling you to discuss their bill, clicking of staff typing in data for cash receipts, and groaning from your cash desk struggling with manual ACH file uploads with your bank.

Rocking The Boat of Cash Flow With Dynamics GP

No matter what business you’re in, managing cash flow is important to maintain and build success. With Dynamics GP you have a high level of visibility into your incoming and outgoing payments. What if there was a way to reduce the variability and unpredictability of cash?

Portals Improving Relationships: 3 Groups of Transparency with Dynamics GP

The core functionality of Dynamics GP (formally Great Plains) will provide features to run your business, but that is only the scratch of the surface. There are many add-on solutions that can take the base functionality of Dynamics GP and provide transparency with not only your internal staff, but also for your vendors and customers.

 

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