Blog
May 23rd, 2023 by Function4
Automating accounts receivable and payable can have numerous benefits for any business. Automation helps to streamline processes, improve accuracy, save time, and reduce costs. It can also help to increase customer satisfaction and provide more timely...
Posted in: Automation
July 6th, 2021 by Diana Eagen
In an increasingly uncertain world, getting everyone to maintain sustainability and cash flow is essential. Most companies face a wait time receiving customer payments that could range anywhere from 30 to 90 days to even longer. Payment delays...
Posted in: Automation
June 8th, 2021 by Jon Seaman
Positive cash flow is what keeps businesses running smoothly, leaving it up to collections management to turn money that’s owed into money in the bank. Sounds easy, right? Not so much. Many AR departments continue to rely on manual methods in the collections...
Posted in: Automation
May 13th, 2021 by Graham Smith
Despite the fact that we live and work in a digital age, accounts receivable (AR) processes at many businesses remain a very manual and antiquated affair. Whether it’s manual invoice creation and delivery, back and forth emails and phone calls...
Posted in: Automation, Business Technology
May 6th, 2021 by Taylor Bucher
We’ve all heard the old adage, “Why fix what isn’t broken?” It’s a valid question. I mean, why change things when “business as usual” seems to be working just fine? Well, to put it in Ben Franklin’s words, “When you’re finished changing, you’re...
Posted in: Business Technology
May 4th, 2021 by Brian Erlien
Many companies today are looking for ways to strengthen vendor relationships and improve liquidity and working capital. Here are three areas to focus on and three solutions that can help you do just that. Vender & Supplier Communication ...
Posted in: Automation
April 29th, 2021 by Justin Cunningham
Is your accounts payable (AP) department being tasked to better monitor, track and improve key performance indicators (KPIs)? Then you’re well aware that it can be a daunting task. Why? There are an infinite number of KPIs that you could...
Posted in: Automation
February 17th, 2021 by Jon Seaman
Positive cash flow is what keeps businesses running smoothly, leaving it up to collections management to turn money that’s owed into money in the bank. Sounds easy, right? Not so much. Many AR departments continue to rely on manual methods in the collections...
Posted in: Automation
December 8th, 2020 by Bri Maas
What used to be considered a back-office function has transformed into one of every organization’s largest assets: accounts receivable. Why? Because it deals with one very important asset that doesn’t appear on the balance sheet — customers. ...
Posted in: Automation
September 23rd, 2020 by Brian Erlien
Many companies today are looking for ways to strengthen customer and vendor relationships as well as improve working capital. Here are four ideas that can do just that. Vender & Supplier Communication Do you offer your vendors...
Posted in: General
Function4 serves Houston, Beaumont, Paris, and the surrounding areas.
