Category Archives: Bookkeeping

To get the security tools and skills they need, many small to medium-sized businesses rely on the outsourcing services of larger and more sophisticated AP experts. If the outsourcing provider goes bankrupt or has a security breach, your company will be affected too. Your accounts payable process may be put at risk, and switching to […]

By knowing the exact cost of production, manufacturers can also identify areas where they can reduce costs and increase profitability. Process costing can be a useful tool for companies to track their costs and make sure that they are making products efficiently. Costs for each stage are summed together and then divided by the total […]

It’s also worthwhile to take note of their office/staff locations as outsourced AP services can be hosted overseas, which can be a communication barrier. In an earlier blog post, we explained that manually processing a single invoice can cost as much as $30. In this post, we’ll define and add detail to the practice of […]

Content Process control’s ability to save costs and eliminate errors How is BPA related to business process management (BPM)? What is business process automation (BPA)? Rename a Datasource With Flokzu, you can also create reports containing essential information for management or any user in the system and schedule them to be sent to specific people […]