Accounting Today

JUNE 6, 2024

It's time finance and accounting leaders seriously considered automating AP functions and marking its place as a standard business practice.

Accounts Payable Automation 60

Accounts Payable Automation accounts payable Technology Account 60

PYMNTS

JULY 22, 2020

“Technological advancements have paved the way for businesses to adopt automated solutions in less than 30 days, with no massive ERP system upgrade projects required.”. Companies large and small that survive the pandemic won’t get fooled again, and are getting on-board with automation. Fool me once, shame on you. Fool me twice?

Accounts Payable Automation 60

Accounts Payable Automation accounts payable Technology AP Automation 60

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.

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AP Automation Technology AP Processes accounts payable 76

MineralTree

MARCH 16, 2023

For example, many businesses incorporate AP automation , e-invoicing, and other digital tools to quickly gain an edge over their competitors. Offloading and outsourcing AP tasks to avoid retraining teams or hiring more staff is another method used by finance teams to modernize their back office. Keep reading to learn more.

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AP Automation accounts payable Technology Accounts Payable Automation 88

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.

Accounts Payable Automation 72

Accounts Payable Automation Technology accounts payable Account 72

CPA Practice

OCTOBER 3, 2023

Stampli , a provider of AI-powered accounts payable automation, today announced that it has raised $61 million in a Series D venture funding round led by funds managed by Blackstone, with the participation of existing investors Insight Partners, SignalFire, Bloomberg Beta, and NextWorld Capital.

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AP Automation Technology Accounts Payable Automation accounts payable 59

CPA Practice

SEPTEMBER 23, 2024

Global automation platform provider Quadient has been recognized as a Technology Leader in the “SPARK Matrix: Accounts Payable Automation” report, a detailed analysis of the accounts payable (AP) automation market by independent analyst firm QKS Group.

AP Automation 52

AP Automation Technology Accounts Payable Automation accounts payable 52

PYMNTS

FEBRUARY 7, 2019

A press release revealed that the company will make its automated accounts payable (AP) solution available to U.K. ’s struggles with late supplier payments post a key challenge to the overall economy, making the market “ripe for accessible AP automation.”

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AP Automation Technology Procure to Pay Platform Accounts Payable Automation 49

PYMNTS

NOVEMBER 21, 2018

With pressure mounting for the enterprise to digitize, accounts payable automation is seen as a crucial part of achieving greater efficiency, cost savings, visibility into spend and strengthening of vendor relationships, to name a few benefits. But going it alone can quickly overwhelm a business.

Technology 63

Technology AP Automation accounts payable Accounts Payable Automation 63

Accounting Insight

JANUARY 2, 2024

Quadient (Euronext Paris: QDT), a leader in helping businesses create meaningful customer connections through digital and physical channels, and Xero , a cloud-based accounting software for small to medium-sized enterprises, have today announced a strategic partnership in North America and the United Kingdom. Xero helps 3.95 Xero helps 3.95

Technology 59

Technology accounts payable Accounts Payable Automation AP Automation 59

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. Automated Payment Distribution: Set it and forget it!

AP Automation 59

AP Automation Technology AP Processes Accounts Payable Automation 59

PYMNTS

NOVEMBER 16, 2018

The star of this week’s roundup is undoubtedly data: Two Robotics Process Automation (RPA) companies focusing on enterprise data analytics and automation landed a combined $565 million, while other high-value rounds were closed in the workspace sharing and asset-based lending markets. Automation Anywhere.

Technology 77

Technology accounting and finance accounts payable B2B 77

PYMNTS

NOVEMBER 26, 2019

Accounts payable (AP) automation is beneficial, and even necessary, for many businesses still bogged down by paper. But as the latest PYMNTS Next-Gen AP Automation Tracker report highlights, adoption of AP automation technology continues to face challenges. Billtrust Broadens Business Payments Network.

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AP Automation Technology accounts payable Account 64

Airbase

OCTOBER 25, 2023

If any finance process is overdue for innovation, it’s procurement. Finance teams who must accurately record all transactions, 3. With a team of over 1,300 analysts, IDC offers expertise on technology trends and opportunities. Let’s take a look at IDC’s research and what it means for finance teams.

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accounts payable AP Automation Approval Workflows Technology 130

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.

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accounts payable quickbooks AP Automation AP Processes 75

MineralTree

APRIL 13, 2023

Modern finance teams face a multitude of challenges. In this article, we will explore the risks of inflation and recession, along with ways finance teams can mitigate these risks and recession-proof their business. In this section, we will explore seven strategies to help finance teams recession-proof their business.

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accounts payable Accounts Payable Automation accounting and finance AP Automation 84

PYMNTS

JUNE 17, 2020

To provide small companies with accounts payable (AP) automation, Medius is bringing its MediusGo invoice automation product to the American market. Medius has been in the American market for more than a decade, helping SMBs through AP automation as well as spend management technology.

Technology 52

Technology AP Automation Accounts Payable Automation accounts payable 52

PYMNTS

DECEMBER 23, 2019

India-based accounts payable automation company Finly has announced new funding as it plans to expand its B2B product offering, reports in YourStory said Monday (Dec. Veekshith Rai, Finly chief operating officer and co-founder described Finly’s strategy to differentiate itself in India’s growing B2B FinTech market.

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AP Automation Technology Accounts Payable Automation accounts payable 52

Accounting Insight

SEPTEMBER 29, 2022

UK finance leaders are becoming increasingly concerned with hiring efforts, a new survey has revealed, with many struggling to hire new staff. A lack of skilled accounting and finance professionals is becoming a bigger issue in the industry, with accounting understaffed by as much as 22% in the UK.

Finance 52

Finance Accounts Payable Automation accounting and finance accounts payable 52

PYMNTS

DECEMBER 12, 2019

Yooz , a company that provides a cloud-based purchase-to-pay automation solution for companies, has announced a partnership with Microsoft , according to a press release. At every level of our organization, every Yooz employee is proud to depend on this solid and sustainable collaboration to better serve our clients and our ecosystem.”.

AP Automation 60

AP Automation Technology accounts payable accounting and finance 60

PYMNTS

AUGUST 17, 2020

Accounting departments, for example, suddenly had employees accessing highly sensitive data remotely via home Wi-Fi, without the data security extant in office-based accounting as we’ve long known it. And operations still using manual accounts payable (AP) methods are really rethinking things. “A And it won’t.

AP Automation 61

AP Automation Technology AP Processes accounts payable 61

PYMNTS

JUNE 22, 2016

In B2B payments, accounts payable automation is a hot topic, as are the challenges AP professionals face when it comes to paying suppliers and managing the data from those transactions. But as Corcentric and IOFM revealed, the accounts receivable department may not have total control over its ability to get automated.

Technology 42

Technology Account accountant accounted 42

PYMNTS

NOVEMBER 13, 2019

In the drive to manage accounts payable (AP) more efficiently, buyers can not only optimize their own working capital, they can help suppliers, too. To that end, Bottomline Technologies Vice President of Strategy and Product Bill Wardwell said, AP automation can help. The Digital Roadmap.

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AP Automation Technology accounts payable Accounts Payable Automation 46

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. Embrace Automation Technologies: We get it. The hard truth?

Account 59

Account accountant accounted Technology 59

PYMNTS

SEPTEMBER 8, 2020

To assist businesses in automating their accounts payable (AP) expediently and cost-effectively, AvidXchange has rolled out its “ Boost your Business ” program. Finance staff that take part in the effort get a dedicated project manager and complimentary digital learning tools via the AvidXchange Academy. "We

Technology 57

Technology accounts payable Real Estate accounting and finance 57

PYMNTS

JANUARY 24, 2020

In total, more than $1 billion was raised this week, with funds landing at an array of technologies from B2B payments to payroll to eProcurement. Operating in the close management space, FloQast connects accountants to technology that can help them close the books more quickly and more accurately.

B2B 79

B2B Technology Accounts Payable Automation accounts payable 79

Accounting Insight

SEPTEMBER 6, 2024

Yooz provides the smartest, most powerful, and easiest-to-use cloud based E-invoicing and Purchase-to-Pay (P2P) automation solution. From a visionary project to a key player in the AP automation, Yooz is the result of an entrepreneurial adventure relying on intuition, team spirit, and audacity. How did you get started?

AP Automation 52

AP Automation Technology Accounts Payable Automation accounting and finance 52

PYMNTS

DECEMBER 16, 2016

Though many financial institutions recognize the opportunity to help middle-market businesses automate their AP payments, they have not been able to fully capitalize on the opportunity. Here the elusive payments opportunity meets or, in fact, doesn’t meet, the elusive audience: accounts payable automation for middle-market firms.

Technology 61

Technology AP Processes accounts payable Accounts Payable Automation 61

PYMNTS

SEPTEMBER 25, 2019

Accounts payable automation firm AvidXchange is deepening its integration into NetSuite by adding new features to its AvidXchange for NetSuite (AFN) SuiteApp. Automated payments streamline finance operations by increasing efficiency across the entire organization.”.

NetSuite 55

NetSuite accounts payable Accounts Payable Automation Technology 55

PYMNTS

OCTOBER 18, 2017

Accounts payable (AP) remains a laggard when it comes to automating the cash flow cycle. firms automate that function, according to the Federal Reserve Bank of Minnesota. Other stats bear out just how far behind the curve technology is in fostering efficiency in this critical link tied to supply chain relationships.

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ThomsonReuters

APRIL 6, 2023

Whether you’re an accountant, a small business owner, or a professional working within an organization, understanding what accounts payable is and how it works is essential. As an important cash flow indicator, accounts payable is a sign of the health of a business. Often, these types of charges are invoiced.

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PYMNTS

JULY 26, 2018

Accounts payable automation firm Tipalti announced a string of partnerships this week in deals that see the partner linking their own customers to Tipalti tools. Tipalti said in a press release on Wednesday (July 25) that it struck deals with Vindeo, Teampay and Sovos.

Technology 40

Technology AP Automation NetSuite Accounts Payable Automation 40

PYMNTS

DECEMBER 2, 2016

But the largest venture capital funding round went to an accounts payable automation firm in the U.S. Wholesalebox said it will use the funds to expand operations into new markets and scale its technology infrastructure. Last year, accounts payable automation company AvidXchange raised a whopping $225 million.

B2B 53

B2B Accounts Payable Automation accounts payable Travel Expense Management 53

PYMNTS

JANUARY 17, 2020

Accounts payable (AP) automation technology has hit the ground running, with solutions designed to accelerate invoice processing, optimize payment strategies and promote digital adoption. ” Finding A Middle Ground. That may not necessarily be as attractive to smaller firms, however. The result? Conflict Of Interest.

B2B 61

B2B AP Automation Technology accounts payable 61

PYMNTS

JULY 16, 2020

Commercial card innovation continues to make big waves in the accounts payable (AP) department, as corporates and card issuers alike explore new ways to drive business spend on cards beyond business trips or ad-hoc purchases. American Express commercial cards have been a staple for many corporates over the years.

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PYMNTS

OCTOBER 28, 2020

Today in B2B payments, accounts payable automation firm CPS finds a buyer. Plus, a new FinTech, OpenEnvoy, launches to combat B2B payments fraud, while PCMI collaborates on B2B payments automation, and OpenPayd launches an FX-as-a-Service solution. REPAY Inks Deal For B2B AP Automation Firm CPS. 27) announcement.

B2B 56

B2B Accounts Payable Automation AP Automation accounts payable 56

ThomsonReuters

APRIL 6, 2023

Accounts payable and accounts receivable are opposite but interconnected procedures. When accounts payable and accounts receivable are in balance, a business can plan ahead for growth. Let’s take a look at their differences. What is the difference between accounts receivable and accounts payable?

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