Invu Blog

Find out why duplicate payments are a problem and how to prevent them!

Why do most companies not manage by exception? Learn how to change this to increase productivity!

Only using budgets at the point of management reporting significantly reduces business agility. Learn how a Purchase Order Processing system can help!

The Payment Practice Regulation (PPR) reports have now been published since November 2017. The first reports were based on the performance of large companies for the six months to 31 October 2017. In May 2018 we saw reports from this first batch of companies for a second time, based on…

Are you one of the 76% that is at risk of accounts payable fraud? Learn the best ways to prevent this fraud in your business using automation.

When Aldous Huxley said that “Most Human beings have an almost infinite capacity for taking things for granted” he did not have accounts payable in mind but… As a backroom function, mostly out of the limelight, perhaps the role of accounts payable fits the bill as it is often misunderstood,…

All businesses function to make a profit – that is a given, and profit arises when value exceeds costs. But when it comes to making that profit, too many businesses struggle to appreciate the difference between the perceived value of some functions, against the actual costs. As an example, as…

One of the biggest challenges for businesses today is surviving and growing in a continuously faster paced and competitive environment. These challenges manifest themselves as higher customer service expectations, and companies are under more pressure than ever to respond to enquiries and deal with issues quickly and accurately. To respond,…

Automated Accounts Payable enables the data on purchase invoices, which are received via email or in paper form and scanned, to be captured. This data then forms part of an electronic workflow, which enables efficient coding and approval of the invoices, and then leads to automatic processing into the company’s…

The impending GDPR deadline, and most particularly it’s regime of fines for data breaches, has placed security at the top of the agenda at many organisations. There is now a compelling reason for the use of data encryption after it has laid dormant for decades. It is a shame that…

Do you rely on controls over expenditure at the point of receipt of a supplier invoice? This can lead to surprises. Learn how to improve your control.

Housing Associations (HA’s) registered at Companies House who qualify as large Companies will have to report under Payment Practices Regulations (PPR). Large Companies that exceed at least two of the following three thresholds in the last two preceding financial years have to report: – Annual Turnover of £36 million –…

I have been a regular user of trains for many years now and one of the “advantages” of public transport is sharing that time with other travellers. As I catch the 06:43 it fills with office workers, many of whom are keen to steal a march on the day ahead…

Learn how to deal with the burden of email using Capture and Workflow!