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Features of AP automation software. The importance and evolution of accountspayable. Traditional benefits of accountspayableautomation. 1) Automating mundane tasks for increased productivity. AP Automation Tour Modern accountspayableautomation benefits.
Plus, the benefits of accountspayableautomation extend beyond the finance department. The best accountspayableautomation software enables seamless integration with existing systems for better collaboration between departments and stronger budget control. 3) Prompt invoice processing.
With a consolidated spend management platform like Airbase, an organization can ensure that its financial resources are being used in the most efficient and effective manner possible. For example, on Airbase, duplicate spending is automatically flagged. What are some good accountspayableautomation systems?
Airbase has witnessed this thirst for solutions with widespread and rapid uptake of our new Guided Procurement module since it was released earlier this year. AP Automation Tour Explore 3-way matching in our AP Automation Product tour. Schedule a demo Learn how Airbase can transform your entire purchasing process.
HR and payroll software solutions provider Paylocity has struck a deal to acquire spend management platform Airbase for $325 million, the companies said in a media release on Sept. Founded in 2017, Airbase is headquartered in San Francisco and has approximately 300 employees in the U.S., Canada, India, and the Philippines.
How does procurement relate to accountspayable? The IDC report also points to the recent innovation of including the full cycle of employee spending by combining procurement workflows with accountspayableautomation. See how Airbase’s Guided Procurement module can improve spend under management.
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