Articles and updates on invoice extraction, data processing and automation.
The accounts payable turnover ratio shows how fast you pay suppliers. See the formula, a worked calculation, what counts as a good ratio, and how to improve it.
Read articleDays payable outstanding (DPO) measures how long you take to pay suppliers. See the formula, a worked calculation, a good DPO ratio, and how to improve it.
Read articleAn early payment discount like 2/10 net 30 gives buyers 2% off for paying early. See the formula, the real annual cost, how to record it, and when to take it.
Read articleAn accounts payable aging report groups unpaid vendor invoices by age. Learn how to build one in Excel or QuickBooks, plus a template layout to copy.
Read articleWhat an accounts payable audit is, the procedures and assertions auditors test, a practical checklist, what they look for, and how to prepare your AP records.
Read articleWhat invoice fraud is, the most common types and red flags, and how accounts payable teams detect, prevent, report, and recover from fake or altered invoices.
Read articleWhat invoice exceptions are in accounts payable, the common types and causes, what a normal exception rate looks like, and how AP teams reduce them.
Read articleWhat a debit memo is, how it differs from a credit memo and an invoice, what a vendor debit memo means in accounts payable, and how to record one with examples.
Read articleAccounts payable KPIs and metrics to track in 2026: cost per invoice, cycle time, exception rate, and DPO, plus the benchmarks that separate top AP teams.
Read articleAn invoice approval workflow routes vendor invoices for review and sign-off before payment. Learn the steps, an example, and best practices to set one up.
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