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. Table of Contents FirstHeading What is AP automation? Using AP automation software.

AP Automation 130

AP Automation Technology accounts payable Accounts Payable Automation 130

PYMNTS

AUGUST 28, 2019

Accounts payable automation company AvidXchange is strengthening its position in the banking and financial services sector through the acquisition of BankTEL, the company said Tuesday (Aug. AvidXchange has reached an agreement to acquire BankTEL Systems, which provides accounting technology to banks.

AP Processes 59

AP Processes accounts payable Accounts Payable Automation Technology 59

Ryan Lazanis

APRIL 4, 2022

Want all the information you need about accounts payable workflow automation? In this article, you’ll learn: What accounts payable automation is. 11 different benefits of automating this process. What is Accounts Payable Workflow Automation. 11 Benefits to Accounts Payable Workflow Automation. Let’s dive in!

accounts payable 96

accounts payable Technology Accounts Payable Automation AP Automation 96

MineralTree

OCTOBER 19, 2023

Accounts payable (AP) is a critical business function, responsible for protecting cash flow, maintaining good relationships with vendors, and ensuring compliance with financial regulations. It’s no surprise that MineralTree’s State of AP Report identified the AP function as the No.

accounts payable 75

accounts payable AP Automation AP Processes Approval Workflows 75

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. Why you need AP automation.

AP Automation 130

AP Automation Technology accounts payable AP Processes 130

CPA Practice

DECEMBER 17, 2023

Accounts Payable (AP), in particular, has become ground zero as liquidity and cash flow become even more indispensable. 52% of AP teams plan to adopt or invest more in automation this year, seeing the opportunity to increase productivity, better manage cash flow and reduce risk, among other benefits.

AP Automation 132

AP Automation Finance AP Processes accounting and finance 132

Accounting Insight

JANUARY 20, 2025

For instance, a renowned Savile Row tailor struggled with inefficiencies in their accounts payable (AP) process when relying on manual systems. Modernising finance to safeguard legacies To overcome the challenges of outdated finance practices, traditional organisations must focus on modernising their AP processes.

Finance 52

Finance AP Processes accounting and finance accounts payable 52

MineralTree

MARCH 16, 2023

We’ll also outline the benefits of partnering with a payment services provider and highlight how this third option enables teams to reap the most benefits for their AP workflow. The State of Accounts Payable Today Recession and inflation are top challenges for CFOs as they look to keep companies profitable in 2023.

AP Automation 88

AP Automation accounts payable Technology Accounts Payable Automation 88

PYMNTS

JUNE 24, 2020

The accounting world was as caught off-guard and unprepared as most other industries when COVID-19 came to town. One fact has clearly surfaced in the interval between pandemic lockdowns and phased reopenings, and it’s this: accounts payable (AP) can’t cut it manually anymore.

AP Automation 95

AP Automation Technology accountant accounted 95

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

AccountingDepartment

JUNE 8, 2023

Imagine having the ability to scale accounts payables (AP) operations for your e-commerce business, with the same amount of staff, or even less. With Tipalti's AP automation technology, businesses can do just that and accelerate their AP processes across the board.

AP Automation 96

AP Automation E-commerce AP Processes accounts payable 96

MineralTree

FEBRUARY 1, 2024

The focus was on assessing the current digital payments landscape and end-to-end AP automation to better understand key trends, challenges, and priorities for AP teams. The survey sheds light on the pivotal role that AP automation plays in driving efficiency, which we’ll take a deeper dive into in this blog.

accounts payable 74

accounts payable AP Automation AP Processes accountant 74

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. If so, you’re not alone.

accounts payable 70

accounts payable quickbooks AP Automation AP Processes 70

PYMNTS

NOVEMBER 15, 2018

A new report from Software-as-a-Service (SaaS) firm Inspyrus suggested that chief executive officers and accounts payable (AP) professionals aren’t seeing eye to eye on AP technology, and organizations are failing to upgrade their AP processes and tools as a result.

accounts payable 63

accounts payable AP Automation AP Processes Technology 63

PYMNTS

OCTOBER 6, 2020

The pandemic has upended supply chains, and upended accounts payable (AP) processes – requiring companies of all sizes and types to move toward digital (and high-tech-powered) means to transform back-office functions. And for that, the AP process has to be smooth.

AP Processes 93

AP Processes Technology accounts payable audit 93

PYMNTS

APRIL 9, 2020

To help additional middle-market companies automate their accounts payable (AP) processes, MineralTree announced that it has grown its integration abilities, according to a press release. In separate news, OpenText unveiled its new Trading Grid with a rollout that connects ERP with AP, among other systems.

AP Automation 76

AP Automation AP Processes Technology accounts payable 76

MineralTree

AUGUST 10, 2023

But a key component of cash flow balance — accounts payable — is often overlooked. Accounts payable (AP) is inherently tied to a business’ financial stability. Let’s review the role of accounts payable on cash flow and dive into best practices for optimizing cash flow.

accounts payable 76

accounts payable AP Automation accountant accounted 76

MineralTree

MARCH 30, 2023

Accounting for franchises is a complex web of responsibilities. Teams have to manage multiple entities, all the while maintaining consistency and streamlining processes across each location. Accounts payable (AP) automation has become a popular tool for franchises to overcome these obstacles.

AP Automation 79

AP Automation accountant accounted Account 79

PYMNTS

SEPTEMBER 26, 2018

With adoption rates now rising, accounts payable (AP) departments have improved their positions within the enterprise as strategic functions, with the potential to offer greater insight into company operations. Examining the gap between best-in-class AP departments and all others, Ardent Partners found best-in-class firms spend $11.86

accounts payable 64

accounts payable accountant accounted Account 64

MineralTree

JANUARY 25, 2024

This blog takes a deeper dive into 7 accounts payable trends that will help shape 2024. AP automation remains a top priority because it provides substantial operational efficiencies and helps teams track payment flows and gain control over payment transaction timing.

accounts payable 69

accounts payable AP Automation AP Processes accountant 69

Accountant Advocate Submitted Articles

JULY 13, 2022

Check out 25 stats on the costs of inefficient AP and reimbursement processes | Airbase It’s time to get serious about operational efficiency.

AP Processes 130

AP Processes 130

PYMNTS

DECEMBER 3, 2020

Intelligent automation supplier Kofax has announced new innovations for its invoice and accounts payable (AP) solutions, according to a press release. The new solutions will go further toward transforming AP processes with automation.

accounts payable 69

accounts payable AP Processes accountant accounted 69

PYMNTS

MAY 1, 2019

Accounts payable operations are essential to ensuring that payments to a firm’s partners and suppliers are processed and delivered on time. These processes prevent companies from missing payments and running the risk of souring business relationships and hurting their partners’ bottom lines in the process.

AP Processes 81

AP Processes AP Automation accounts payable accounted 81

PYMNTS

SEPTEMBER 26, 2019

This week, Fundbox, a B2B payments startup attempting to fix the “net terms” economy, raised $176 million in equity, a sign that changing the invoice settlement system presents a big opportunity. In an interview with PYMNTS , Eyal Shinar, CEO at Fundbox, characterized this as an approximately $3.1 trillion problem.

AP Processes 50

AP Processes Technology AP Automation B2B 50

PYMNTS

AUGUST 21, 2019

The drive to eliminate paper in the accounts payable process, to cut the steps that lead to inefficiencies, continues to get a boost from technology.

AP Processes 46

AP Processes AP Automation Technology accounts payable 46

MineralTree

OCTOBER 26, 2023

Automation is reshaping the way companies manage their financial operations, especially in accounts payable (AP). Understanding how AP automation works and how it streamlines AP processes is vital to keeping your company ahead of the curve in a rapidly evolving business finance landscape.

AP Automation 76

AP Automation Technology AP Processes accounts payable 76

Accounting Seed

FEBRUARY 6, 2024

[February 6, 2024] — Accounting Seed , the #1 accounting solution built on the Salesforce Platform, unveiled its first product offering of the new year, AP (Accounts Payable) Automation. Edenred Pay plays an integral part in bringing Accounting Seed’s AP Automation to market.

AP Automation 59

AP Automation Technology AP Processes Accounts Payable Automation 59

CPA Practice

MAY 2, 2024

Tankersley, CPA.CITP, CGMA 00:00 Welcome to the accounting Technology Lab sponsored by CPA practice advisor, with your hosts, Randy Johnston, and Brian Tankersley. Randy Johnston 00:10 Good day, welcome to the accounting Technology Lab. They do comprehensive services, including tax audit and client accounting services.

Technology 105

Technology accountant accounted Account 105

CPA Practice

APRIL 24, 2023

Whether you’re in the midst of digital transformation or just beginning to explore, you’re probably seeing new opportunities to improve your company’s AP processes with the help of technology. Speak to the costs of manual invoice processing and the benefits of automating it. Build consensus for automation within your business.

Technology 80

Technology AP Processes Indiana CPA 80

PYMNTS

DECEMBER 13, 2020

This is a huge step in our mission to simplify [accounts payable (AP)] payments for Microsoft technology users and to successfully support our shared customer and partner base," Rolfson said, according to the release.

B2B 97

B2B accounts payable AP Processes Florida 97

PYMNTS

DECEMBER 28, 2020

Nacha is issuing a warning to accounts payable professionals with regards to the rising threat of fraud. Further, Nacha said, the survey revealed AP professionals are facing increasing fraud attempts that target AP processes specifically. In another case, the Bank of Ireland intercepted a $1.34

B2B 116

B2B accounts payable AP Processes accounting and finance 116

PYMNTS

DECEMBER 16, 2020

Albawaba reports said that FAB has rolled out its Central Travel Account solution, which streamlines and consolidates employee spend data and enables managers to more seamlessly manage T&E spend. Tipalti Enhances Corporate Card Adoption In AP. Paynetics, Unionpay International Collaborate For Business Cards.

Expense Management 114

Expense Management Technology accounts payable AP Processes 114

PYMNTS

DECEMBER 13, 2020

OnPay CEO and president Neal Anderson said the company's mission "is to empower people to improve the lives of accounting departments globally.". "We We are excited to provide B2BE with additional tools to help accomplish that mission by eliminating paper-based payments in the AP process," he said, according to the release.

B2B 75

B2B AP Processes AP Automation payroll 75

Accounting Insight

OCTOBER 18, 2022

CFOs wear many hats and are well-positioned to help to head off costly supply chain disruptions, with the support of their Supply Chain Manager, a profession which has historically faced challenges when it comes to Accounts Payable (AP) processes. The post Accounts Payable Automation: the solution to supply chain disruption?

Accounts Payable Automation 52

Accounts Payable Automation accounts payable AP Automation AP Processes 52

MineralTree

JANUARY 11, 2024

However, accounts payable (AP) automation can make electronic payments in ERP systems , like Netsuite, much easier. AP automation technology enables streamlined and error-free payment processing while maximizing the potential of NetSuite electronic payments and accelerating ROI.

AP Automation 81

AP Automation NetSuite Technology AP Processes 81

MineralTree

SEPTEMBER 28, 2023

To keep pace with these changes, it’s imperative for financial functions to rethink their processes to boost productivity. Under the finance umbrella, accounts payable (AP) is particularly ripe for digitalization, with the potential to streamline operations and enhance efficiency. per invoice on average.

Finance 78

Finance AP Automation AP Processes Technology 78

PYMNTS

MAY 13, 2020

Accounts payable (AP) tools that provide quick, detailed oversights of businesses’ financial statuses and payments obligations can help pick up the pace of payments by keeping invoice approval processes on track. Around The AP Automation World. Three-Way Invoice Matching Brews Up Better AP Processes.

AP Automation 79

AP Automation AP Processes Technology accounts payable 79