Accounting Insight

NOVEMBER 19, 2024

These are significant concerns, as highlighted by Modulr’s survey of 250 accounting practices which revealed that nearly half (45%) of respondents spend over three hours per week on manual data entry. For instance, 60% of large companies use at least five separate systems just for accounts payable.

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ThomsonReuters

APRIL 6, 2023

From eliminating manual processes to making timely payments to maintaining strong vendor relationships, a streamlined accounts payable process is crucial to the overall financial health of a business. But what should you look for in an accounts payable automation solution? Resolving the accounting records.

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Airbase

NOVEMBER 15, 2023

Features of AP automation software. The importance and evolution of accounts payable. The developing future of AP software. Traditional benefits of accounts payable automation. 1) Automating mundane tasks for increased productivity. The importance and evolution of accounts payable.

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ThomsonReuters

APRIL 6, 2023

A streamlined accounts payable process enables visibility into a company’s financial wellbeing and can unlock insights that help businesses grow. So, let’s start with the basics. What is accounts payable? The term accounts payable refers to all business expenses except payroll.

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ThomsonReuters

APRIL 6, 2023

To understand the ins and outs of accounts payable, let’s take a look at some frequently asked questions. What is accounts payable? By definition, accounts payable (AP) refers to all the expenses of a business, except payroll. Is accounts payable a revenue?

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PYMNTS

SEPTEMBER 16, 2019

The continued use of paper checks and Excel spreadsheets epitomize this trend: Despite the influx of accounts payable automation tools, new commercial and virtual card offerings, faster ACH options and automated accounting platforms, checks and spreadsheets continue to be favored tools.

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Accounting Insight

OCTOBER 2, 2023

Modulr , the embedded payments platform, today announces its new integration with Xero , the online accounting software provider, to make supplier payments simple, secure, and automated. For those small businesses that manage their own bookkeeping within Xero, this integration will also save them valuable time and money.

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