accounting principles, Approval Workflows and audit

Making the most of accounts payable automation

ThomsonReuters

APRIL 6, 2023

By automating the accounts payable process, businesses can eliminate tedious data entry and paper-based processes, streamline operations, boost accuracy, and unlock insight into critical financial processes. Accounts payable automation also generates an audit trail that can save significant time in the event of an audit.

Accounts Payable Automation

Accounts Payable Automation accounts payable Technology accountant

Optimizing your accounts payable workflow process

ThomsonReuters

APRIL 6, 2023

Separate AP and AR duties The segregation of accounts payable and accounts receivable is considered a fundamental accounting principle and reduces the risk of fraud. It can also mitigate risk by providing an audit trail.

accounts payable

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Accountant Advocate

Making the most of accounts payable automation

Optimizing your accounts payable workflow process

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