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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.
Stampli , a provider of AI-powered accountspayableautomation, today announced that it has raised $61 million in a Series D venture funding round led by funds managed by Blackstone, with the participation of existing investors Insight Partners, SignalFire, Bloomberg Beta, and NextWorld Capital.
The right tools like an APautomation solution, will reduce duplicate payments , leading to better vendor relationships and more efficiency across the AP team. Another option is to sell off non-core assets such as excess realestate, vehicles, or equipment. This will generate cash while reducing storage costs.
The multi-year partnership will serve Premier Community’s HOA management customers by creating access to AvidXchange’s accountspayable (AP) automation and payment tool, which Praeger said can alleviate some of the worst delays and challenges in the vertical.
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