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Modulr , the embedded payments platform, today announces its acquisition of Nook , an innovative disruptor in accountspayable (AP) automation. ” The post Modulr acquires accountspayableautomation disruptor Nook appeared first on Accounting Insight News.
Automation replaces the manual accountspayable process with software that can make everyone more efficient and lead to cost savings. Table of Contents FirstHeading What is APautomation? Using APautomation software. Features of APautomation software. 11) AP anytime, anywhere.
Implementing accountspayable 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 APautomation solution for your organization by following accountspayable best practices.
Automation is reshaping the way companies manage their financial operations, especially in accountspayable (AP). Understanding how APautomation works and how it streamlines AP processes is vital to keeping your company ahead of the curve in a rapidly evolving business finance landscape.
Moreover, among all the ways businesses’ can improve their B2B payments, accountspayable (AP) automation stands out as one of the most promising and popular innovations on the market. Yet, even with so much to gain, 59 percent of businesses have yet to implement any form of APautomation.
used its annual QuickBooks Connect user conference in Las Vegas to announce QuickBooks Bill Pay , a new solution fully integrated within QuickBooks that transforms bill pay for businesses and delivers accountspayableautomation. Intuit Inc. Intuit is the maker of TurboTax , Credit Karma , QuickBooks , and Mailchimp.
APAutomation Tour Explore 3-way matching in our APAutomation Product tour. This is why we’re seeing intake solution providers adding accountspayableautomation to their offering. It is immediately obvious where the action lies, and parallel approvals are supported.
QuickBooks is a popular accounting software for small and mid-sized businesses. Integrating QuickBooks with a compatible accountspayableautomation software helps finance teams digitize their entire AP process. However, the standard format of QuickBooks AP can be quite manual and time-consuming.
To that end, Bottomline Technologies Vice President of Strategy and Product Bill Wardwell said, APautomation can help. Accountspayable has a tremendous opportunity to transform and improve their business’s overall approach to managing finances, operations, and trading relationships,” he told PYMNTS in an interview.
AP teams are also more likely to work remote, as 68% of AP work environments are now hybrid or fully remote–which is expected to increase over the next year. APautomation is providing critical value and remains a top digitization priority APautomation is allowing finance teams to do more with less.
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