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Using AP automation software. Features of AP automation software. The importance and evolution of accounts payable. ERP/Generalledger vs transaction solutions. The developing future of AP software. Traditional benefits of accounts payable automation. The importance and evolution of accounts payable.
As technology advances, more and more for-profit and not-for-profit organizations are making the strategic decision to transition from on-premises (on-prem) accountingsoftware to cloud-based accountingsoftware. Cloud accountingsoftware is a growing trend, however, and one we don’t see going away anytime soon.
Midsize organizations often don’t have the time or resources to implement new accountingsoftware. Their finance and accounting (F&A) staff need to spend as little time as possible on implementation and onboarding so they can focus on higher-value work.
Every digital marketing agency should have a proper bookkeeping system in place to manage their preferred cash flow, whether that’s cash and accrual accounting, single-entry, or double-entry bookkeeping. With double-entry bookkeeping, it’s easier to detect errors and identify areas for improvement in the generalledger.
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