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

CPA Practice

DECEMBER 20, 2023

Quadient and Xero , a cloud-based accounting software, have formed a strategic partnership in North America and the United Kingdom. Xero integrates with Quadient’s Accounts Payable (AP) capabilities to fully automate and streamline accounting processes. Xero helps 3.95 Xero helps 3.95

Technology 111

Technology Accounts Payable Automation AP Automation accounts payable 111

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

PYMNTS

APRIL 14, 2020

Legacy accounts receivable (AR) and accounts payable (AP) operations aren’t only inefficient, they’re costly. PYMNTS’ latest The Optimizing AP and AR Playbook , a collaboration with OnPay Solutions, found that businesses in the U.S.

AP Processes 78

AP Processes B2B Technology accounts payable 78

MineralTree

JANUARY 18, 2024

Optimizing the accounts payable (AP) process involves more than paying vendors on time — it’s also about maximizing efficiency and accuracy with every outgoing payment while managing cash flow to maintain a healthy business. The process includes invoice receipt, verification, approval, and eventual payment.

accounts payable 80

accounts payable AP Processes AP Automation Technology 80

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

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. The 2023 report includes responses from buyers and their vendors, presenting a complete view of the AP and payment automation landscape. “As

Finance 59

Finance AP Automation AP Processes Approval Workflows 59

CPA Practice

MARCH 27, 2023

While many of these disruptions will continue to present challenges for the foreseeable future, forward-thinking finance leaders can embrace technology and services that will not only help them overcome these issues, but also achieve more efficient and profitable operations. Many continue to recruit and even backfill for these roles.

AP Automation 114

AP Automation Technology accounts payable accounting and finance 114

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

FEBRUARY 1, 2024

Yet, it also underscored the critical role that AP plays in enabling prompt vendor payments and strengthening relationships to keep goods and services flowing during supply chain volatility. MineralTree recently surveyed more than 800 finance professionals and over 200 of their vendors for the State of AP Report.

accounts payable 74

accounts payable AP Automation AP Processes accountant 74

CPA Practice

MARCH 17, 2023

When they enter middle school, you’ll hear a few say they’ll go into accounting, but “I want to be a finance major and get an MBA” — not to mention becoming a Chief Financial Officer — just isn’t in their vocabulary. It is simply not in their wheelhouse, nor can they focus all their time and energy outside the areas of finance.

Technology 115

Technology accounting and finance Finance AP Processes 115

Accounting Insight

JANUARY 8, 2024

The rise of invoice fraud will prompt closer collaboration between finance and security teams. To help this collaboration, businesses should take steps such as implementing AI and automation tools to detect any suspicious activities or anomalies within the Accounts Payable (AP) process.

accounts payable 105

accounts payable B2C Technology accounting and finance 105

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

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

MineralTree

JANUARY 25, 2024

The past year in finance was riddled with economic uncertainty, accompanied by challenges like staffing constraints and the need to optimize efficiency with limited resources. For finance professionals, understanding this landscape is crucial. This blog takes a deeper dive into 7 accounts payable trends that will help shape 2024.

accounts payable 69

accounts payable AP Automation AP Processes accountant 69

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 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

OCTOBER 21, 2020

With the new funding, Finexio is looking at continuing to streamline and optimize the last mile of the corporate accounts payable process. Finexio already has 400 customers and $4 billion in annual spending on AP processes. That enables finance teams to work faster and remove clunky manual processes.

accounts payable 95

accounts payable AP Processes Florida Hospitality 95

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

PYMNTS

DECEMBER 15, 2020

Because consumer transactions continue to rely on cash, the accounts receivable (AR) and accounts payable (AP) processes within the supply chain can be fragmented. The B2B transaction itself continues to face significant friction, thanks to the legal complexities at the state and federal level.

Legal 111

Legal B2B AP Processes accounts payable 111

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.

AP Automation 88

AP Automation accounts payable Technology Accounts Payable Automation 88

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. They also let finance departments work from any place where an internet connection is available. “By

AP Automation 76

AP Automation AP Processes Technology accounts payable 76

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

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

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

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

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

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

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

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. Our collaboration can strengthen your organization by streamlining your financial processes and providing enhanced insight to optimize business performance.

general ledger 115

general ledger accounts payable Technology accounting and finance 115

Airbase

JANUARY 31, 2023

Few milestones in a company’s lifecycle demand a more focused response from finance and accounting than the first external audit. KELLY: “The auditors will ask about processes and controls. Cleaning up your technical accounting data in preparation for your audit will make your life easier.

audit 130

audit auditor Spend Management Platform accounting and finance 130

MineralTree

DECEMBER 7, 2023

For accounts payable (AP) teams, vendor payments are the cornerstone of business relationships. In addition to meeting supplier expectations, choosing the right payment method can significantly improve the finance department’s efficiency and productivity. The cost of ACH payments typically ranges between $0.26

AP Automation 79

AP Automation accounts payable AP Processes accounting and finance 79

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

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

PYMNTS

APRIL 16, 2020

The technology, which can be put into place within seven days, will let companies provide their suppliers with the ability to electronically submit invoices and keep their accounts payable (AP) processes running with on-time invoice payments per an announcement.

AP Processes 60

AP Processes accounts payable accounting and finance California 60

PYMNTS

MARCH 31, 2020

To make the complete payables process smarter, global payables automation company Tipalti unveiled its Tipalti Pi integrated payables intelligence engine, according to a press release. The solution identifies fraud and risk, bolsters decision making, automates manual work and eliminates accounts payable (AP) process errors.

accounts payable 53

accounts payable general ledger AP Processes Technology 53

MineralTree

MARCH 2, 2023

The world of finance is constantly evolving, and this year is no exception. The new year brings fresh challenges for CFOs and finance teams, specifically around strategizing methods to minimize the pressures of recession and inflation. Keep reading to learn about each of these challenges and how finance leaders can face them head-on.

AP Automation 83

AP Automation Technology accounting and finance accounts payable 83