Author: Paul Schille

Paul Schille is the Vice President of Sales at Interopay. He is responsible for all customer-facing groups including sales, customer success, account management, and partnerships. Paul is a roll-up-your-sleeves, entrepreneurial executive with an exceptional track record of growing, managing, and turning around software and multi-unit franchise businesses. From startups to established brands, he focuses on sustainable growth and healthy margins while building teams that understand the goals and how to make the vision a reality.

What Is the Difference Between AP Automation and Expense Management?

AP Automation vs Expense management

Accounts Payable (AP) Automation and expense management are two critical functions that can help businesses streamline their financial processes, increase efficiency, and reduce costs. However, while they may seem similar, these two processes have different objectives and functions.  What is AP automation? AP automation uses technology to automate the various tasks involved in a company’s […]

What Are Electronic Payments?

Electronic payment types

Electronic payments, also known as e-payments, encompass all transactions conducted online or electronically. These payments exclude cash and paper checks and are facilitated through methods such as credit and debit cards, ACH, and bank wires.  Benefits of Electronic Payments Both businesses and their suppliers can reap the benefits of electronic payments and e-payment systems. E-payments […]

What is AP Automation

What is AP automation

AP automation, short for accounts payable automation, is a transformative technology-driven approach to managing and processing invoices in business operations. This innovation has completely revolutionized how companies handle their financial transactions and is a game-changer in boosting efficiency.  Key aspects of AP automation When delving into the world of AP automation, there are three primary […]

The Importance of an Accounts Payable Department & Structure

The Importance of an Accounts Payable Department & Structure

Accounts Payable (AP) refer to the money a company owes its suppliers for goods and services that have been provided and for which the supplier has submitted an invoice. It is also the name of the team responsible for all outstanding money a business owes to its suppliers.  Although it may look like a fairly […]