Learn the best invoice payment practices.
The most common invoice payment practices that companies use is paper check runs with stamped envelopes going in the mail. The vast majority of businesses are performing paper check runs a few times a month, manually setting which checks to print and printing a second copy of the check to physically match with the invoice. While this method is common, there are other methods of payment processing that have big cost benefits. This video reviews the drawbacks of this type of invoice payment practice and discusses alternate methods of invoice payment practices.
Runtime: 6 minutes
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