S.T.E.M. Marketing & Content | Writer & Strategist
In the early years of civilization, clay tablets were used to record the number of items delivered. Essentially ledgers, these clay tablets are some of the earliest examples of writing and accounts payable processes. In modern times, accounts payable became a paper and ledger process. Purchase orders and invoices were handwritten, approvals took days, and accounts were balanced in a written ledger. Even a minor mistake could have a ripple effect impacting nearly every part of the accountancy department, including payroll. Invoices were lost, payments were sent late, and valuable resources were wasted shuffling paperwork from one basket to another. AP was not an efficient process, but it was the way things had always been done.
It’s 2020, the year when digital marketing spend finally passes traditional adspend, and online marketing comes into its own. Marketing jobs are increasingly digital, with demand growing for machine learning engineers, customer experience officers, marketing data scientists, and growth marketing experts.
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As your organization takes steps towards cloud-based functionality, how data is stored, secured, and accessed becomes a top priority. Protecting and securing your data (which can include sensitive information about your company’s finances, trade secrets, methodologies, and more) is essential. Just as important is protecting customer or client data, particularly if your business operates in an industry that commonly handles personally-identifying information. If your company is a retail operation or exists in the realm of healthcare, BFSI, or other public-facing fields, you may routinely handle credit card numbers, social security numbers, or passwords that could permit hackers to access client-side accounts.
As the world of marketing and customer service becomes increasingly automated, AI assistants (driven by artificial intelligence) and conversational UIs (user interfaces that mimic human interaction) are becoming more pertinent to small, mid-sized, and enterprise businesses.
Congrats! You're probably reading this because you'vesettled on building a new medical product and need clarity on how the FDA willview it. Can you simply start manufacturing, setup an e-commerce store and start selling? Not quite. First, you'll need to make sure the deviceyou’re trying to commercialize is properly classified with the FDA and meetsall of the controls put in place to protect consumers.
HVAC | Tankless water heaters provide an energy-efficient option for hot water demands, delivering heated water without the added need for a bulky storage tank. Although not practical for all industries, (for example, the hospitality industry’s excessive demand for hot water at hotels and resorts can often render them unprofitable), tankless water heaters can provide tremendous savings when it comes to energy consumption in buildings with a standardized need for heated water during regular business hours.
HVAC | Variable air volume (VAV) HVAC systems provide a more energy-efficient and capable way of cooling and heating modern buildings. They are often used to replace constant air volume (CAV) HVAC systems and improve indoor air quality. VAV systems provide a higher level of precision when it comes to keeping the temperature consistent in various zones of a building.
Flaring and Venting | Energy companies in Alberta must manage all waste at their oil and gas facilities, including waste gases. Flaring and venting are two ways in which companies can dispose of their waste gases. These activities must be carried out responsibly; our regulations ensure that companies protect the public and the environment, and conserve resources.
HVAC | In any structure, ventilation is a prime concern for the comfort and health of the occupants. Maintaining indoor air quality (IAQ) requires continually replacing air supplies inside a building. The simplest method to successfully achieving indoor air quality is the method of displacement ventilation.
Reducing the carbon footprint of businesses and residences is one of the highest priorities for many new build projects. Zero-Net-Energy (ZNE) buildings are becoming more popular as a way to achieve emissions reduction while limiting dependence on fossil fuels. California has set ambitious goals concerning ZNE construction and retrofitting as well as total emissions reduction over the next 30 years:
If the van life is the life for you, all you need to work, play, and live on the road is a high-quality wifi connection -- and the juice to keep your whole van charged. With the Apex, you can stay connected to the things that matter most while unplugging from everything else.
Climate Change's Impact on Power Production Water is critical to Yukon's energy portfolio. Historically, more than 90% of our electricity has been generated using hydro. For this reason, it is important we understand the impact climate change will have on Yukon’s hydro resources.
We’ve launched our lineup of residential *saveONenergy* conservation and demand management programs, which are designed to help you reduce your electricity consumption and help you manage rising electricity bills.
With the average American spending $10,739 per person annually, healthcare cost in the United States is the world’s most expensive. From prescription drugs to treat conditions and improve overall patient health; facilities (emergency, short, and longer-term-care); physicians; medical products (including research and development); and healthcare providers; the United States offers some of the most effective and desirable medical care in the world. However, it comes at a price – one that’s dramatically increasing.
If you or a loved one require long-term personal or medical care, you may be wondering what is covered and what isn’t under federal and state programs such as Medicare and Medicaid. Both Medicare and Medicaid may help pay for some long-term care services. However, the circumstances in which each coverage can be used are limited, and each program has strict rules about
Pets play a significant role in our lives at every stage of development. As a child, they are often our best friend and sole confidant; as an adult, we become their owner, protector, and caretaker. And as an older adult, that bond can go even deeper. Positive Benefits of Pets on Senior Health
Duplicate payments continue to be a top issue for many of our readers. While many have plugged some of the obvious holes, AP Now has identified five practices that are often overlooked in the battle. Pinpointing these issues and strengthening the internal controls around them, will better position readers to win the duplicate-payment war. Let’s take a look at the practices.
In his classic pop hit, Neil Sedaka lamented that breaking up is hard to do. Sometimes, it feels like he was singing that song about the offboarding process. From awkward moments to the potential for emotional outbursts, parting ways with an employee isn't always easy.
Today’s businesses face an increasingly competitive and challenging global landscape. Their success depends on working with the brightest and most creative minds to envision, develop, and market their product or service – but not all workplaces manage to create a business culture that fosters creativity.
[Ghostwritten article for CrediFi] The life sciences industry is taking off, with the medical technology and biotech sectors expected to grow further as traditional pharmaceutical companies are joined by startups and incubator labs driving new research and development. And with life sciences innovation rising, so is demand for the space in which to innovate. “Real estate is becoming a key component for collaborative R&D environments,” Deloitte found in its 2019 Global Life Sciences Outlook. “In order to engage with startups and gain access to new talent, life sciences, biotech, and medtech companies are creating incubator spaces in innovation clusters around the globe.”
Imagine an accounting department that runs like a well-oiled machine. Invoices are available via a single, well-organized platform, and are matched automatically to services or products received. Amounts and payees are verified, and the correct payment applied on the desired date. Approval workflows are streamlined, with invoices automatically being sent to the responsible approval administrator and errors are caught immediately, with duplicate invoices discarded.
Your accounts payable metrics and AP department can be a frequently overlooked part of your organization. Because it’s a source of money going out – instead of coming in – it’s often unpleasant to think about. But since you have to pay your bills each month, AP becomes a ‘necessary evil.’
One would think that any vendor would make sure it included all the information a customer would need to pay the invoice as quickly as possible. But, one little question to readers of our e-zine revealed this was absolutely not the case. Vendors routinely leave off:
Collusion is an ugly word but one that we need to address. Unfortunately, that is exactly what happened at MillerCoors when one of their marketing executives colluded with service providers. The service providers would either bill for services not provided or overbill and then split the difference with the marketing executives. The case garnered headlines when law enforcement got involved. Uncovering this type of crime is exceedingly difficult and hence often goes undetected. Therefore, it is key that every organization take the necessary steps to protect themselves. The controls can be broken into two categories: people controls and process controls. Let’s take a look at some of them.