Month: February 2021

Some automation software companies will try to sell you on the idea that they offer full procure-to-pay payroll (P2P) capabilities—when really—their solutions are only good at automating a few AP functions. That’s why understanding your business’s pain points and knowing what makes up AP best practices will help you find a B2B payment automation solution

Invoices or receipts are generated for each transaction with headings and detailed line item descriptions, quantity, pricing, and any sales tax payable. Receipts for real-time online payment transactions also include a record of the payment time and payment method used. Subscriptions may be paid annually upfront for the year to receive a better price. The