The Definitive Guide to Streamlined Invoice Payment Processing

January 23, 2023

Accounts payable (AP) leaders know that paying suppliers with paper checks is costly. But transaction costs tell only part of the story. The costs associated with manually executing payments can significantly change the equation. Whether it’s time spent processing checks and ACH transactions, reconciling payments, or fielding inquiries from suppliers, these manual, repetitive tasks can have a major impact on AP business outcomes.

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James River Insurance Company

James River Insurance Company is an Excess and Surplus Lines insurance company headquartered in Richmond, Virginia. Our company underwrites brokerage, individual risk business through twelve distinct underwriting divisions, each organized around a specific industry group or coverage. Why do people choose to work at James River? Because we work on hard-to-place and often high-hazard business and the work we do is interesting in addition to being vital to our clients. Culturally, we work within a set of values that drives us to do the right thing for our clients, our employees, and our communities.

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whitePaper | June 14, 2023

Manual invoicing is a costly, inefficient process that opens up companies to unnecessary risk. With the rising call to reduce paper usage and lower costs, it’s time to explore alternatives that can help controllers and accounts payable (AP) managers do more with less.

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Financial Management, Payments

The Definitive Guide to Streamlined Invoice Payment Processing