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Accounts Payable Outsourcing

Home » Accounts Payable Outsourcing
Accounts Payable

Accounts Payable KPIs – How to Benchmark the AP Department

In this article, we’ll look at the best selection of key performance indicators to monitor in order to properly benchmark and optimize your Accounts Payable department.

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December 27, 2022
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Accounts Payable

Why Accounts Payable Matters – What Every CFO Needs to Know About AP

In this article, we’ll explain what Accounts Payable involves, and look at the challenges and risks associated with it.

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December 5, 2022
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Accounts Payable

AP Outsourcing or AP Automation: What is Better?

To decide between AP automation or AP outsourcing for your company, it is best to define your goals. In this article, we take a closer look.

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December 2, 2021
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Accounts Payable

How Much Money Does AP Automation Save?

Labor costs cause AP Automation to almost always have a negative ROI. Automation for the sake of automation rarely, if ever, yields results.

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December 1, 2021
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Accounts Payable / Payroll Outsourcing

What are the Risks in Accounts Payable?

There's no one-size-fits-all answer to risks in accounts payable, but one of these can help you reduce risk, avoid financial consequences.

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November 19, 2021
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Accounting Outsourcing

Accounts Payable Outsourcing Transition – Top 5 Mistakes Not to Make

Ken Johnson, SVP at IQ BackOffice, discusses mistakes he sees accounting departments make when outsourcing AP, and how doing it correctly leaves you with a leaner organization that can focus less on administrative work and more on growing the business.

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October 31, 2020
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Accounting Outsourcing

Disappearing Walls – Restaurants Adapt Technology to Feed the Millennial Market

Restaurant owners need to carefully look at the third-party services and pick the one that best suits their restaurant and can deliver the most significant volume of daily orders. And they should consider innovative and collaborative accounting providers, such as IQ BackOffice, to partner with them.

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October 29, 2020
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Accounting Outsourcing

Accounting Automation and Outsourcing – Top 5 Rookie Mistakes

Ken Johnson, IQ BackOffice, discusses mistakes he sees accounting departments make when outsourcing accounting functions to execute their strategic plan.

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October 27, 2020
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Accounts Payable

AP Invoice Processing – How Many Invoices Should an Accounts Payable Clerk Process?

AP Invoice Processing clerks have been benchmarked for decades. The common figure is that an AP clerk processes about 1,000 invoices per month.

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October 11, 2020
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Accounting Outsourcing

Business Process Outsourcing, and a Closer Look at Accounts Payable

Business Process Outsourcing (or BPO) is simply hiring another company to perform a specific function instead of doing it yourself.

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October 3, 2020
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Accounts Payable

How Much Does Accounts Payable Automation Cost?

AP automation vendors charge based on the number of system users and/or a fee per invoice - somewhere between $1.25 and $2.00 per invoice.

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October 1, 2020
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Accounts Payable

What is an Accounts Payable Workflow?

A streamlined Accounts Payable workflow is essential for managing the consistency, accuracy and efficiency of each step in the process from start to finish.

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May 5, 2020
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Accounts Payable

Accounts Payable – An Underutilized Business Advantage

An efficient accounts payable process is critical to optimize working capital and measure operational efficiency for sound business decisions and planning.

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May 1, 2020
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Accounting Outsourcing / Restaurants

Full Service Accounting Automation and Outsourcing for the Restaurant Industry

IQ BackOffice offers full service accounting outsourcing to restaurant and hospitality companies. Savings up to 68% - improved quality and internal controls

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March 10, 2018
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Accounting Outsourcing

What to Look for If You’re Considering Outsourcing Accounting

According to Debi Warren, CPA, CGMA, “adding bookkeeping and accounting resources can increase firm revenue and provide your clients with more options.” Accounting outsourcing, she writes, enables firms to offer a greater variety, and level, of expertise at a lower cost.

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March 3, 2018
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Accounting Outsourcing

Leveraging the Power of CPAs and Accounting Outsourcing

According to Debi Warren, CPA, CGMA, “adding bookkeeping and accounting resources can increase firm revenue and provide your clients with more options.” Accounting outsourcing, she writes, enables firms to offer a greater variety, and level, of expertise at a lower cost.

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March 2, 2018
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Accounting Outsourcing

Weighing the Pros and Cons of Outsourcing Accounting

Given how little time leaders of growing companies have, the thought of senior resources spending many working weeks each year just on their finances has many weighing the Pros and Cons of Outsourcing their accounting work.

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March 1, 2018
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