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What is Accounts Payable?

What is Accounts Payable?   In its simplest form, ‘Accounts Payable’ (AP) refers to the amount of money that a business owes to its suppliers. There is a strict process involved so that the owe…

Types of Purchase Orders

Different Types of Purchase Orders  What is a Purchase Order?  A purchase order (PO) is a legally binding document issued by a buyer to a seller, detailing a purchase transaction. It basically a…

What is OCR?

What is OCR?

We bang on about Optical Character Recognition (OCR) all the time, but have you ever stopped to wonder what the process actually entails?  We’re here to satisfy your curiosity.  In short, OCR is…