Finance teams know that payment errors are more than operational noise. A single duplicate payment, an altered invoice, or a ...

The Sarbanes-Oxley Act seeks to prevent vendor and employee fraud that would otherwise stem from the exploitation of weaknesses in accounts payable controls. The act requires that controls be in place ...

The integration of AI in tax processes can streamline invoice management, improving accuracy and freeing teams for higher-value tasks.

Behind every successful business finance operation lies a collection of essential practices that often receive attention only when problems surface. Invoice reconciliation, rarely celebrated or ...

Invoices keep businesses running, but managing them is rarely as simple as it should be. Payments get delayed, approvals stall, and finance teams spend more time fixing errors than focusing on ...

Northwestern faculty and staff should review how to properly submit vendor invoices and related correspondence for payment processing, including exceptions, required documentation and compliance with ...

Reconciling your vendor statements allows you to ensure that there are no mistakes or inaccuracies between what the vendor is charging you and the inventory, services or supplies you received.

Paper price checks rely on memory and manual lists. Handheld scanning tools let teams verify prices instantly at the shelf ...