What is exception-based processing in finance? Exception-based processing in the financial back office is an operational model where automated...
Exception-Based Processing
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Accounts Payable
Invoice Approval Software
Invoice processing is one of the most important aspects of the financial back office, especially since there are so many different invoice types and...
Effortless Invoice Submission with ICG Innovations
For many businesses, the traditional invoicing process is a headache. Between "lost" email excuses, accidental deletions, and the lag time of manual...
Fixed and Variable Expenses
The back office is often judged by one metric: predictability. A "surprise" in the middle of a fiscal quarter is rarely a good thing. To maintain a...
ACH Payments
ACH or Automated Clearing House payments are key to many back offices. Often misunderstood as just "direct deposit," ACH is actually a sophisticated...
Cash Flow
You can have a line of customers out the door and a record-breaking year of sales, yet still find yourself unable to pay your rent on the first of...
Factoring
Managing cash flow is a challenge for many businesses, especially those that operate on extended payment terms. When clients take 30, 60, or even 90...
Static Discounting
For decades, the primary tool for managing payables and capturing savings has been static discounting. And while modern "dynamic" models are making...
PCard and Out of Pocket
There are two primary ways employees pay for things: they either use a company-issued PCard or they pay Out-of-Pocket and ask for their money back....
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