NetSuite A/P Automation Using PromoStandards Invoice Service
Background If your company is spending $10 or more to process every invoice, it’s not alone. According to a recent American Productivity and Quality Center (APQC) study of 1,485 businesses, the bottom 25% spends $10 or more per invoice processed while the best performers (the top 25%) get the job done for $2.07 per invoice or […]
Leveraging Workflows in NetSuite to Automate Accounts Receivable Efforts
Managing account receivables is one of the most important parts of any business. One wrong move and you may find yourself struggling with inadequate cash flow. Whether you’re a CFO thinking about financial strategy or a controller focused on managing internal controls and processes, it’s important to stay on top of your Days Sales Outstanding (DSO). Effective cash […]