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Optimizing your accounts payable workflow process

ThomsonReuters

Separate AP and AR duties The segregation of accounts payable and accounts receivable is considered a fundamental accounting principle and reduces the risk of fraud. To take a more strategic approach, it might make sense to turn to technology to streamline your firm’s accounts payable and better serve your clients.

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Making the most of accounts payable automation

ThomsonReuters

Collaborate with your clients in real time, using this shared online portal to handle their bookkeeping and payrol l tasks. Why automate accounts payable? Customize reports based on client needs, while also maintaining standardized reporting and financial statement formatting.