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

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 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

MineralTree

APRIL 4, 2024

From manually inputting invoice data to chasing down approvers for signatures, a traditional paper-based approval process contains many time-consuming, manual steps that slow down payments and sap resources. Automating invoice approvals with NetSuite in this way boosts accuracy and efficiency.

Approval Workflows 52

Approval Workflows NetSuite AP Automation Technology 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However, many companies still rely on manual processes to manage accounts payable—and these outdated practices are causing problems across their financial operations.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

NOVEMBER 30, 2023

Maintaining finance department efficiency is a constant challenge, especially for teams that rely on legacy technology and manual processes. The good news is that technological advancements have made it possible for finance departments to increase productivity and to do more with less. What are the Challenges in Finance?

Finance 91

Finance AP Automation Approval Workflows Technology 91

Airbase

OCTOBER 25, 2023

If any finance process is overdue for innovation, it’s procurement. Finance teams who must accurately record all transactions, 3. Let’s take a look at IDC’s research and what it means for finance teams. This is why we’re seeing intake solution providers adding accounts payable automation to their offering.

AP Automation 130

AP Automation accounts payable Approval Workflows Technology 130

Cherry Bekaert

MARCH 22, 2024

For finance leadership and teams, this requires constantly analyzing, reforecasting, rethinking new data, and determining new approaches to drive business. As a long-standing strategic partner of Sage Intacct, Cherry Bekaert has the accounting and technical knowledge necessary to implement and optimize the platform.

general ledger 115

general ledger accounts payable Technology accounting and finance 115

MineralTree

SEPTEMBER 28, 2023

Today’s fast-paced business landscape demands unprecedented levels of efficiency and accuracy, especially in the finance sector. Under the finance umbrella, accounts payable (AP) is particularly ripe for digitalization, with the potential to streamline operations and enhance efficiency.

Finance 78

Finance AP Automation AP Processes Technology 78

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 124

Technology accounting firms accountant Account 124

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

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

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

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

CPA Practice

OCTOBER 11, 2023

With increasing corporate belt-tightening, finance leaders are focused on boosting the productivity of lean AP teams and taking measures to cut costs. MineralTree’s 2023 State of AP Report explores these trends and their significant impact on finance teams. According to a new survey, many are turning to automation to achieve this goal.

Finance 59

Finance AP Automation AP Processes Approval Workflows 59

MineralTree

FEBRUARY 15, 2024

Is your accounts payable (AP) check run holding your business back? The AP check run remains a pain point for many finance departments who rely on manual processes and outdated solutions to manage AP — in turn, causing check run delays and hiccups. What is a check run in accounts payable?

AP Automation 78

AP Automation accounts payable Technology accounting and finance 78

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

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

MineralTree

DECEMBER 14, 2023

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

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

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

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

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

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. With a nod to the partnership model, the Bottomline Technologies VP said FinTechs have helped drive the evolution of accounts payable automation. The Digital Roadmap.

AP Automation 46

AP Automation Technology accounts payable Accounts Payable Automation 46

PYMNTS

JUNE 30, 2016

The perception of the role of Accounts Payable among professionals has moved up a notch, according to Ardent Partners. Companies considered the AP unit as far less collaborative with the finance and treasury departments, researchers found. Professionals expect the accounts payable department to evolve.

accounts payable 41

accounts payable AP Automation Approval Workflows accounting and finance 41

MineralTree

APRIL 6, 2023

They are commonly used within the finance department, including accounts payable , accounts receivable, and purchasing. They are especially critical for accounting teams; so much so that 89% of companies view them as a necessity for the department.

AP Automation 64

AP Automation Technology NetSuite quickbooks 64

Snyder

DECEMBER 21, 2022

By definition, it’s an estimation of future business incomes and expenses based on the evaluation of the business finances over a certain past period. Static budget – the most basic type of budget that takes into account only fixed expenses – the ones that don’t depend on production or sales volumes. What is a business budget?

quickbooks 72

quickbooks E-commerce NetSuite accounting and finance 72

CPA Practice

DECEMBER 6, 2024

If the company lacks operating cash flow and is only using financing cash flow, youll need to consider how cash is moving to creditors, investors and owners. If clients havent adjusted their prices recently to account for higher demand, inflation, and value-added offerings, then its also time to consider raising prices in the near future.

Approval Workflows 52

Approval Workflows Technology Non-Profits accounts payable 52

MineralTree

JANUARY 12, 2023

Automated payments help accounts payable (AP) teams quickly pay suppliers and process invoices by streamlining manual, convoluted AP workflows. Teams can automate some or all of the steps within the invoice workflow, including invoice capture , coding and approvals, as well as payment authorization and execution.

Technology 80

Technology AP Automation AP Processes Approval Workflows 80

CPA Practice

SEPTEMBER 5, 2024

The transaction is subject to customary closing conditions and regulatory approvals, and it’s expected to close in the first or second quarter of fiscal 2025. Its finance and spend management software solution is focused on the 100- to 5,000-employee segment of the market, with more than 500 clients with an average of over 200 employees.

Procure to Pay Platform 52

Procure to Pay Platform Accounts Payable Automation Spend Management Platform Approval Workflows 52