The Office of Contracts and Grants (OCG) has implemented new procedures for subrecipient invoice approval and approval delegation. Beginning in February 2024, CU’s Department of Internal Audit ...

Internal controls strengthen naturally through enforced approval workflows and properly segregated duties, reducing both external fraud attempts and internal policy violations. 10 tasks you can ...

What is AP automation and what are the benefits of using it? Many companies accept slow, manual accounts payable processes as an unavoidable part of operations. Paper invoices pile up, data entry ...

Extracted data flows through predefined validation checks that compare invoice details against purchase orders, receiving documents, and vendor master data. Automated two way matching verifies that ...