Paying invoices sounds simple enough. A vendor creates an invoice and sends a bill, your team approves it, and the money goes out. In practice, though, invoice payments are where a lot of finance ...

Every month, an average midsized company may process over 1,000 invoices. That's 1,000 opportunities to pay on time and maintain strong vendor relationships, or 1,000 chances for something to go wrong ...

What makes invoice payments different from other types of transactions is the process around them. You're not swiping a card at a register. These payments happen after goods or services have already ...