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Mastering Your Business with Accounts Payable Reports

Nanonets

By prioritizing invoices, reviewing data regularly, limiting access, and establishing internal controls, businesses can ensure that their accounts payable function operates smoothly and effectively. Checking for duplicate payments is another essential practice that helps prevent unnecessary expenditure and minimizes errors.

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Nexus Explores Unexpected Challenges Of Faster Supplier Payments

PYMNTS

. “A typical real estate customer will have multiple banking relationships, hundreds of checking accounts, multiple integration packages and they want to provide multiple payment types to suppliers.” “It gets pretty powerful for both buyer and supplier,” said Coolidge.