ThomsonReuters

APRIL 6, 2023

Accounts payable (AP) is an important signal in understanding the financial health of a business. By optimizing your accounts payable workflow, you can gain insight into cash flow, make better business decisions, and ensure strong relationships with vendors and suppliers.

accounts payable 52

accounts payable accountant Account accounted 52

MineralTree

MARCH 14, 2024

However, many companies still rely on manual processes to manage accounts payable—and these outdated practices are causing problems across their financial operations. An overview of high-volume accounts payable High-volume AP involves managing a large number of invoices and payments. Did you know?

accounts payable 52

accounts payable AP Automation AP Processes accountant 52

MineralTree

AUGUST 24, 2023

Are you relying on the current accounts payable (AP) workflow in QuickBooks Desktop or Online to manage your financial operations? The QuickBooks AP workflow includes tasks like invoice receipt, data entry, approval, and payment required to manage AP within the software. Does QuickBooks have automated workflows?

accounts payable 70

accounts payable quickbooks AP Automation AP Processes 70

CPA Practice

SEPTEMBER 23, 2024

Accounts payable and receivable platform Melio has rolled out several new features for small and medium-sized businesses and accountants to automate processes, boost control of payments, and improve cash flow management. Accounting firms do not have to pay to access these plans for the benefit of their clients.

Approval Workflows 98

Approval Workflows accounts payable accountant Account 98

MineralTree

JUNE 1, 2023

Managing accounts payable can be a time-consuming and challenging task, especially for businesses with limited resources. Thankfully, the right accounts payable software can help businesses streamline their payment processes, reduce manual errors, and improve efficiency.

accounts payable 75

accounts payable quickbooks AP Automation AP Processes 75

CPA Practice

AUGUST 26, 2024

This can be frustrating, but even more so in the summer, when there are more family trips and activities we want to spend time on — and not spending time completing repetitive accounting tasks. Chief among the uses for automation in accounting are functions like accounts payable, accounts receivable, and spend & expense management.

Technology 115

Technology accountant Account accounted 115

Airbase

NOVEMBER 15, 2023

Accounts payable (AP) refers to the series of steps that companies take to pay their bills. It requires the safe handling and recording of funds transferring from the company’s bank account to suppliers and vendors. The importance and evolution of accounts payable. Using AP automation software.

AP Automation 130

AP Automation Technology accounts payable Accounts Payable Automation 130

Airbase

NOVEMBER 29, 2023

Implementing accounts payable best practices can help your organization reduce risk, save time and money, foster strong vendor relationships, and create a better spend culture. You can better identify the best AP automation solution for your organization by following accounts payable best practices.

AP Automation 130

AP Automation Technology accounts payable AP Processes 130

Accounting Insight

MAY 26, 2023

Cloud accounting business iplicit and global Software as a Service business Lightyear have joined forces to provide an accounts payable solution that can drastically cut the time and costs involved in the manual accounts payable process. Today, it has more than 10,000 users in 72 countries.

Accounts Payable Automation 72

Accounts Payable Automation Technology accounts payable accountant 72

CPA Practice

OCTOBER 31, 2024

Centime’s comprehensive cash management solutions help companies streamline accounts payable, accounts receivable, and banking. Automated approvals: Set up approval workflows and enforce expense policies without manual effort.

Expense Management 52

Expense Management Approval Workflows accounts payable quickbooks 52

Airbase

OCTOBER 25, 2023

This is why we’re seeing intake solution providers adding accounts payable automation to their offering. IDC recognizes the importance of this new approach: “Guided procurement applications provide an inviting approval workflow that is easily understood by all stakeholders in the approval chain.

AP Automation 130

AP Automation accounts payable Approval Workflows Technology 130

CPA Practice

AUGUST 28, 2024

After voting by the awards committee panel each year, the top five products are presented as winners of the Tax and Accounting Technology Innovation Awards. as they promise to dramatically improve client services, firm management, small business accounting and many other areas of operations.

Technology 122

Technology accounting firms accountant Account 122

Accounting Seed

JANUARY 9, 2024

You can’t reach major business milestones if your accounting processes and technologies are outdated. Here are the top 5 tips for better accounting processes in 2024, and the ways Accounting Seed on Salesforce can support you along the way. How can Accounting Seed help? How can Accounting Seed help?

accountant 59

accountant Account accounted Technology 59

Cherry Bekaert

MARCH 22, 2024

As a long-standing strategic partner of Sage Intacct, Cherry Bekaert has the accounting and technical knowledge necessary to implement and optimize the platform. We have many years of experience using the tool to manage the accounting for our clients, which sets us apart from other firms. You decide what to pay and how to pay it.

general ledger 115

general ledger accounts payable Technology accounting and finance 115

MineralTree

OCTOBER 26, 2023

Automation is reshaping the way companies manage their financial operations, especially in accounts payable (AP). What is Accounts Payable Technology and What is its Role? Trends in Accounts Payable Technology Several key trends in AP technology have emerged as organizations navigate the post-COVID-19 business landscape.

AP Automation 76

AP Automation Technology AP Processes accounts payable 76

MineralTree

SEPTEMBER 7, 2023

Accounts payable (AP) teams have long struggled with manual invoice approvals that involve chasing down signatures and slogging through mountains of paperwork. But in today’s increasingly digital business world, many AP teams are turning to automation to enhance their workflows — and the invoice approval process is no exception.

Approval Workflows 77

Approval Workflows AP Processes Technology quickbooks 77

Airbase

MAY 15, 2023

As companies grow, the number of stakeholders in the purchasing process increases, which makes approval workflows and oversight responsibilities more complex. The challenge is building an accounts payable process that captures all required information, ensures compliance, and doesn’t slow down employees.

Approval Workflows 130

Approval Workflows Legal audit accounts payable 130

MineralTree

DECEMBER 14, 2023

What is Digital Invoice Approval? Digital invoice approval involves reviewing, approving, and processing invoices electronically prior to payment. An electronic approval workflow takes out the paper-based component of this process to improve transparency, allowing teams to accurately track the status of their invoices.

accounts payable 66

accounts payable AP Processes AP Automation accounting and finance 66

Basis 365

AUGUST 21, 2024

By dividing responsibilities among different members of your accounting team and beyond, you can reduce the risk of fraud and errors. For example, the person who processes payments should not be the same person who approves them. One solution may be to partner with an outsourced accounting company like Basis 365 Accounting.

accounts payable 59

accounts payable audit Approval Workflows bookkeeping 59

PYMNTS

NOVEMBER 2, 2020

Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. To automate AP workflows, Palette's AP Automation for Aptean harnesses robotic process automation (RPA). 2) announcement.

AP Automation 56

AP Automation Technology Approval Workflows AP Processes 56

MineralTree

FEBRUARY 15, 2024

Is your accounts payable (AP) check run holding your business back? From refining invoice approval workflows to embracing the digital shift, each step is a stride toward efficiency and precision. What is a check run in accounts payable? We outlined 7 steps to improve the accounts payable check run below.

AP Automation 78

AP Automation accounts payable Technology accounting and finance 78

Airbase

JANUARY 13, 2023

3-way match is a process used in accounts payable to ensure that invoices are accurately matched to the correct purchase order and corresponding goods received note (also called the receiving report). Automated approval workflows. Does invoice automation help with 3-way match? 3-way matching.

Technology 130

Technology Approval Workflows NetSuite Spend Management 130

PYMNTS

AUGUST 12, 2020

Palette Software unveiled accounts payable (AP) automation technology that is designed for firms in the construction and engineering industries and run on the cloud, according to an announcement. Finance administrators and project managers both benefit from automation of the accounts payable process.

AP Automation 69

AP Automation Construction Technology accounts payable 69

MineralTree

JANUARY 11, 2024

However, accounts payable (AP) automation can make electronic payments in ERP systems , like Netsuite, much easier. MineralTree also mirrors the workflow in Netsuite with an API that has a true bi-directional sync. More Flexibility In 2022 , Netsuite and HSBC announced their plans to collaborate on an accounts payable solution.

AP Automation 81

AP Automation NetSuite Technology AP Processes 81

CPA Practice

MAY 22, 2024

Goldman Sachs recently estimated that automating Accounts Payable processes can result in time savings of 70-80% for small and medium-sized businesses. Efficient accounts payable (AP) processes are crucial for maintaining a healthy cash flow and fostering strong relationships with suppliers. By Laurent Charpentier.

AP Processes 69

AP Processes Technology AP Automation accounts payable 69

CPA Practice

OCTOBER 25, 2023

Bill, a financial operations platform for small and midsize businesses, has has added automation technology to help SMBs and accounting firms get better control and visibility of their accounts payable workflows. Small businesses and accountants move fast and want to focus on growing and managing their businesses.

quickbooks 59

quickbooks AP Processes Approval Workflows Technology 59

CPA Practice

DECEMBER 17, 2023

Accounts Payable (AP), in particular, has become ground zero as liquidity and cash flow become even more indispensable. For those who have begun, the most digitized AP task is invoice approval/workflows (71%), followed by invoice data capture and coding (66%), payment execution (58%) and payment authorization (58%), among others.

AP Automation 132

AP Automation Finance AP Processes Approval Workflows 132

PYMNTS

NOVEMBER 3, 2020

The partnership will afford companies the ability to streamline end-to-end workflows with a single software solution, allowing for reductions in manual work, expenses and risk that come with cash use, according to the release. With APS ClickToPay, companies can have customer invoices paid directly to accounts receivable.

B2B 88

B2B AP Automation accounts payable B2C 88

CPA Practice

NOVEMBER 14, 2023

used its annual QuickBooks Connect user conference in Las Vegas to announce QuickBooks Bill Pay , a new solution fully integrated within QuickBooks that transforms bill pay for businesses and delivers accounts payable automation. Intuit Inc. Intuit is the maker of TurboTax , Credit Karma , QuickBooks , and Mailchimp.

quickbooks 111

quickbooks AP Automation Accounts Payable Automation Approval Workflows 111

Anders CPA

JUNE 20, 2024

What is Accounts Payable Automation? Accounts payable automation refers to using technology to streamline the invoice processing and payment approval process within an organization. Below we list several real-world use cases for automation that could help you speed up common practices without sacrificing quality.

Technology 52

Technology Accounts Payable Automation accounts payable Approval Workflows 52

Withum

JUNE 16, 2022

While some mistakes lead to growth, we do not want to see mistakes made regarding our company’s accounting. The outlier detection will note if an entry is coded to an unusual account or dimension. The approval workflow can be modified to determine who reviews those outliers detected. Accounts Payable Automation.

general ledger 59

general ledger Accounts Payable Automation Approval Workflows accounts payable 59

MineralTree

NOVEMBER 30, 2023

With hiring freezes and budget cuts in play, it’s natural that 59% of finance leaders say doing more with less is a top issue for accounts payable (AP) teams in the current economic climate. Automate the Entire End-to-End AP Process AP automation encompasses invoice capture , approval workflows, payment processing, and reconciliation.

Finance 91

Finance AP Automation Approval Workflows Technology 91

Xero

APRIL 16, 2023

Build new automated workflows Complex layers of approval processes can hold up your accounts payable and receivable, no matter how large your business is. These apps can help take away those manual workflows. Another great option is Lightyear , which focuses on automating Purchasing and Accounts Payable.

accounts payable 67

accounts payable Approval Workflows payroll Agriculture 67

MineralTree

NOVEMBER 9, 2023

This is especially important for accounts payable (AP) teams, where timely and accurate data flow is essential. Features like automated invoice processing and payment approval workflows streamline AP processes both in a top-level or entity-level structure.

AP Processes 72

AP Processes AP Automation Approval Workflows NetSuite 72

Airbase

APRIL 4, 2023

TL;DR: In the wake of a banking crisis, cyberattacks are on the rise, especially relating to change of accounts. The transaction software you use for payables is key to identifying and thwarting attacks. Since the crisis, there has been a mass movement to open new bank accounts by companies that relied on SVB.

Approval Workflows 130

Approval Workflows accounting and finance accounts payable payroll 130

MineralTree

FEBRUARY 29, 2024

Efficient digital payments are critical for accounts payable (AP) teams to streamline the AP process and maintain strong relationships with vendors. QuickBooks is a full-featured accounting system with accounts receivable and accounts payable functionality. Did you know?

AP Automation 52

AP Automation quickbooks Technology AP Processes 52

CPA Practice

MAY 26, 2023

NetSuite for Gover nment provides a single, integrated suite for streamlined accounting, grants management, payroll, planning and budgeting, human resource management, and more. This empowers agencies to increase automation, transparency, and operational efficiency, while getting the fast, accurate data needed to help make better decisions.

NetSuite 52

NetSuite Government general ledger Approval Workflows 52