AP AR Outsourcing

Improve operational efficiency through AP and AR Outsourcing

Today, companies manage a complex global ecosystem of suppliers, partners, operators, customers, ... and at the same time process a large number of administrative and regulatory documents. This reality requires agility and efficiency in the management of documentation and invoices, in order to optimize operational efficiency and to avoid a high consumption of resources. However, it is surprising that today, despite the enormous advances in automation and technology, almost 75% of the documentation is processed manually. This situation is obviously very labor intensive and undoubtedly affects the results of the companies.

"My ERP solves the problem of Immediate Information Supply"

The entry into force of the Immediate Supply of VAT Information (SII) next July 1st is provoking differing reactions in the Spanish business community affected by the new regulations. While there are companies that have already taken action and are already testing the transmission of records with the AEAT, there are others who have taken a more relaxed attitude because they trust the solution their ERP provider will put in place.

"Whoa, we are not so bad" in AP productivity

"Whoa, we are not so bad",  exclaimed a famous football club president facing his critics.  This, we are not so bad, is our conclusion after observing some of the results of a study carried out by mineraltree, a reputable American software company that offers solutions for AP automation.

Cost per Invoice

Outsourcing AP: How much should it cost me to process a Supplier Invoice?

Processing supplier invoices, from receipt to posting and availability for payment, is undoubtedly the process in which more costs are incurred in the financial area. In particular, due to the high exposure to manual labor of the associated activities. But can costs really reduce by an Accounts Payable outsourcing partner? A survey carried out by easyap of financial professionals in Spain found that the cost of processing a supplier invoice is, on average, € 5.7, although there are companies that reach € 15 and € 17 for a single paper invoice, fax or email.

Sistema Inmediato de Información del IVA - SII

The SII-Immediate Provision of Information is also an opportunity to improve - "And now what ..."

As we mentioned in our previous article on the Immediate Provision of VAT Information (SII), from last December 2, 2016, the SII has an already established date of entry into force: July 1, 2017.​

Immediate Vat Infromation System

The VAT Immediate Information Supply (SII) should not worry us but we should take care

As part of the anti-fraud package, on December 2, 2016, the law for the modernization, improvement and promotion of the use of electronic means in the management of Value Added Tax was approved. Better known as Immediate supply of information or (SII). This Law has been endorsed in Royal Decree 596/2016.​

Download Documentation Kit IIS (SII)

Informative Webinar IIS (SII) Documentation Kit IIS (SII)   IIS (SII) TEST FILES
Calculadora de Costes de Tramitación de Facturas de Proveedores

easyap presents its Supplier Invoice Processing Cost Calculator

The tool helps Financial Directors and Accounts Payable Professionals to obtain one of the most decisive KPIs for the successful management of operations in the Accounts Payable Department.​

Why paying as late as possible can be reckless.

Waiting to pay a bill as late as possible may be a very short-term strategy, but it can be significantly penalizing.

Expense Sheets

5 Challenges in the Managment of Travel Expenses

Business trips are increasing, and thus spending also. The Global Business Travel Association (GBTA) expects an increase of up to 8.6% in overall spending on business trips this year. Macrotrends, such as the (slow) improvement in business confidence and the global economic environment in which we live, are contributing to the rise. Another key factor is the growth of mobile work.

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