Black Friday Sale! 50% Off Entrepreneur+

Our biggest sale — Get unlimited access at an unbeatable price.
Use code SAVE50 at checkout.*

CLAIM THIS OFFER

Already have an account?

Sign in

*Offer only available to new subscribers.

Entrepreneur Plus - Short White
For Subscribers

One Exec On Escaping Accounts Payable Hell Learn how this COO escaped accounts payable hell.

By David Port

This story appears in the September 2016 issue of Entrepreneur. Subscribe »

Cody Pickens
Touch of Modern COO and cofounder Jonathan Wu

Touch of Modern COO and co-founder Jonathan Wu used to love handling payments for his suppliers. 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

The fix

The rest of this article is locked.

Join Entrepreneur+ today for access.

Subscribe Now

Already have an account? Sign In