One Exec On Escaping Accounts Payable HellLearn how this COO escaped accounts payable hell.
ByDavid Port•
This story appears in theSeptember 2016issue of雷竞技手机版.Subscribe »
Touch of ModernCOO and co-founder Jonathan Wu used to love handling payments for hissuppliers. It showed him just how fast his company, a well-curated shopping site for men, was growing. (Sales hit $100 million in 2015, just its fourth year.) "But it got really tedious really fast," he says. "I was blocking out a whole day each week just to process payments." So he started looking for a fully automated system that would free him up to focus on building his business.
Related:10 Questions Every Entrepreneur Needs to Ask Suppliers