Lisa Turkington

Accounts Payable (AP) serves as the financial backbone of any organisation, handling the vital task of managing outgoing payments and business invoices. In today’s business landscape, the importance of efficient invoice management cannot be overstated. Understanding Debit/Credit Approaches in Accounts Payable In the realm of AP, debits and credits are an important aspect of financial […]

In the competitive market, businesses are under pressure to streamline their operations and deliver exceptional customer experiences. At the heart of these operations lies sales order processing—an intricate process of order entry, verification, inventory allocation, and shipment scheduling. However, the traditional manual approach to this process often proves heavy and error-prone. Understanding the Sales Order

In the ever-evolving landscape of financial transactions, the traditional paper trail is making way for the digital frontier, where efficiency and agility reign supreme. At the heart of this transformation lies the digital invoice, a cornerstone in modern business practices. The question that resonates within boardrooms and finance departments alike is: What is the main

What is EDI 820? Electronic Data Interchange, or EDI, refers to the computer-to-computer exchange of business documents in a standard electronic format between trading partners. The EDI 820 Payment Order, specifically, is a financial transaction document used for transmitting detailed information about a payment made by a company to its suppliers or vendors. Key Components

In the ever-evolving landscape of business operations, the Accounts Payable (AP) process stands at the forefront of financial management. However, traditional AP processes are often fraught with inefficiencies, delays, and errors that hinder overall productivity and profitability. The solution lies in a strategic approach to improvement, driven by the adoption of automation and technology. Understanding

In the relentless pursuit of operational excellence, businesses often find themselves at crossroads, contemplating transformative shifts in their processes. One such pivotal decision revolves around document distribution – the lifeblood of organisational communication. The question that emerges as a harbinger of change is: What is the main benefit of moving from manual document distribution to