Vendor Portals & the Procure-to-Pay Process
Let’s take a moment to elaborate on the importance of vendor portals to the AP and procure-to-pay process. In short, they are extremely important, not only for onboarding vendor purchasing information and enabling vendors to interact with payments, but also because the efficiency they provide helps your accounts payable department ensure everyone is getting paid on time, which oftentimes carries the added benefit of on-time payment discounts. Especially for large organizations, this can be a h...
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Aprox: 1 minute read
Author: RPI's CPA Team
Written: Friday, December 16th, 2022