Accounting Insight

NOVEMBER 7, 2023

The finance platform iplicit is offering the time-saving advantages of accounts payable (AP) automation to its full range of customers in the latest update to its product. Customers will be able to choose the option that best suits them, ensuring the benefits of AP automation are available to all iplicit users.

Accounts Payable Automation 69

Accounts Payable Automation accounts payable Technology AP Automation 69

PYMNTS

MAY 23, 2019

The B2B space is ripe for transformation, where outdated payment processes mark accounts payable (AP), and where technology can make all the difference as corporates choose their banking partners to satisfy their payment needs. Where We Are Now.

AP Automation 76

AP Automation Technology accounts payable accounting and finance 76

MineralTree

JANUARY 19, 2023

Why AP Automation is Key to a Strong Year Most finance predictions for 2023 focus on business process improvements and cost savings, as opposed to ground-breaking new innovations. 6 AP Automation Trends for 2023 Preparing for trends in Accounts Payable (AP) can help teams build resilience and brace for a recession.

Accounts Payable Automation 76

Accounts Payable Automation accounts payable Technology AP Automation 76

PYMNTS

JUNE 16, 2020

In the June 2020 edition of The Gig Economy Tracker® done in collaboration with Tipalti , we find these traits, among others, defining innovation in accounts payable (AP) software. Companies] need a payables operation that closes as many loops as possible and minimizes the need for multiple point solutions.

AP Automation 67

AP Automation accounts payable accounting and finance audit 67

CPA Practice

SEPTEMBER 23, 2024

Global automation platform provider Quadient has been recognized as a Technology Leader in the “SPARK Matrix: Accounts Payable Automation” report, a detailed analysis of the accounts payable (AP) automation market by independent analyst firm QKS Group.

AP Automation 52

AP Automation Technology Accounts Payable Automation accounts payable 52

MineralTree

AUGUST 24, 2023

Are you relying on the current accounts payable (AP) workflow in QuickBooks Desktop or Online to manage your financial operations? The QuickBooks AP workflow includes tasks like invoice receipt, data entry, approval, and payment required to manage AP within the software. If so, you’re not alone.

accounts payable 70

accounts payable quickbooks AP Automation AP Processes 70

Accounting Insight

NOVEMBER 16, 2023

The finance platform iplicit is offering the time-saving advantages of accounts payable (AP) automation to its full range of customers in the latest update to its product. Customers will be able to choose the option that best suits them, ensuring the benefits of AP automation are available to all iplicit users.

Accounts Payable Automation 59

Accounts Payable Automation accounts payable Technology AP Automation 59

PYMNTS

NOVEMBER 16, 2018

By its very nature, accounts payable (AP) is a cost center: It’s where money leaves the enterprise, after all. However, as with so many back-office enterprise functions, AP is now shifting its reputation as one that can add value to businesses. “It’s about having a strong business case internally.”

AP Automation 63

AP Automation Technology accounts payable AP Processes 63

Airbase

OCTOBER 23, 2023

Automated 3-way matching in Airbase. Three-way matching is a fundamental accounting and procurement control process that matches three critical documents related to a purchase: The purchase order (PO). These documents are: Purchase orders. If all three documents match, the invoice is approved for payment.

accounts payable 130

accounts payable AP Automation Technology accounting and finance 130

PYMNTS

JUNE 19, 2020

Businesses that have stuck with paper-based accounts payable (AP) processes are feeling the heat as the COVID-19 pandemic makes it unsafe for staff to conduct manual invoice and payment processing from their offices. Around The AP Automation World. How FIs Are Answering The AP Modernization Movement.

AP Automation 61

AP Automation Technology accounts payable AP Processes 61

PYMNTS

JUNE 24, 2020

One fact has clearly surfaced in the interval between pandemic lockdowns and phased reopenings, and it’s this: accounts payable (AP) can’t cut it manually anymore. AP automation’s time is now, but it’s not a one-size-fits-all proposition. Accessibility, Security and Transformation’. The Last Days of Paper?

AP Automation 95

AP Automation Technology accounted Account 95

PYMNTS

FEBRUARY 25, 2020

Businesses looking to adopt cloud-based ERP solutions can run into a number of logistical, organizational and even social hurdles that can slow or even halt such systems’ successful integration into companies’ broader accounts payable (AP) operations. Making Change a Community Effort.

AP Automation 61

AP Automation Technology accounts payable Education 61

PYMNTS

FEBRUARY 7, 2019

A press release revealed that the company will make its automated accounts payable (AP) solution available to U.K. ’s struggles with late supplier payments post a key challenge to the overall economy, making the market “ripe for accessible AP automation.”

AP Automation 49

AP Automation Technology Procure to Pay Platform Accounts Payable Automation 49

PYMNTS

JUNE 23, 2020

Manual processing creates opportunities that can sap employees’ time and increase the likelihood of errors, making businesses eager to automate their systems and to use technologies to handle such tasks. The accounts payable (AP) automation market is expected to grow from $1.6 The AP Automation Demand.

AP Automation 85

AP Automation Technology accounts payable B2B 85

MineralTree

DECEMBER 15, 2022

In any organization, the accounts payable (AP) department is responsible for handling and processing payments. As a result, it is important that AP teams comply with relevant regulations and standards. What is Compliance in Accounts Payable? What are the Risks of Poor Compliance in Accounts Payable?

accounts payable 52

accounts payable AP Automation accounted Account 52

PYMNTS

MAY 13, 2020

Accounts payable (AP) tools that provide quick, detailed oversights of businesses’ financial statuses and payments obligations can help pick up the pace of payments by keeping invoice approval processes on track. Around The AP Automation World. Three-Way Invoice Matching Brews Up Better AP Processes.

AP Automation 79

AP Automation AP Processes Technology accounts payable 79

MineralTree

FEBRUARY 29, 2024

Efficient digital payments are critical for accounts payable (AP) teams to streamline the AP process and maintain strong relationships with vendors. These hurdles stifle efficiency and accuracy, hindering the overall productivity and success of AP teams. How do QuickBooks payments work without AP automation?

AP Automation 52

AP Automation quickbooks Technology AP Processes 52

PYMNTS

OCTOBER 18, 2017

Accounts payable (AP) remains a laggard when it comes to automating the cash flow cycle. firms automate that function, according to the Federal Reserve Bank of Minnesota. Consider the fact that payroll automation is done by 49 percent of companies, and that only 37 percent of U.S. Just 7 percent of U.S.

AP Automation 49

AP Automation Technology accounts payable Minnesota 49

MineralTree

DECEMBER 22, 2022

What does digital transformation mean in Accounts Payable? Digital transformation in Accounts Payable (AP) occurs when teams use technology to automate and streamline manual processes across the back office. But AP automation doesn’t just increase visibility for invoices. Why the difference?

accounts payable 52

accounts payable AP Automation accounted Account 52

PYMNTS

NOVEMBER 25, 2020

Accounts payable (AP) automation software firm Beanworks has rolled out a function for expense reimbursements to assist companies in automating how they get and handle staffer expenditures, according to an announcement. Supervisors can look over receipts and give the go-ahead for reimbursements from anywhere. "As

Expense Reimbursements 84

Expense Reimbursements AP Automation accounts payable accounting and finance 84

PYMNTS

MARCH 20, 2020

Supplier onboarding guided by automated and dynamic accounts payable (AP) procurement processes can have different results. Automation also facilitates interdepartmental communication, making documents and data available in real time to those who need them. It also revealed that 72.1 Boosting Bottom Lines.

AP Automation 52

AP Automation Technology accounts payable accounting and finance 52

PYMNTS

FEBRUARY 14, 2019

Cloud-based accounts payable solution provider Esker is teaming up with document services unit Fuji Xerox to deploy accounts payable solutions across the Asia Pacific region, the companies announced on Wednesday (Feb. Moving forward the firms will expand the offering to Australia, Hong Kong and Singapore.

accounts payable 43

accounts payable AP Automation Technology accounted 43

Airbase

OCTOBER 25, 2023

AP Automation Tour Explore 3-way matching in our AP Automation Product tour. This is why we’re seeing intake solution providers adding accounts payable automation to their offering. Accounts payable and procurement. Explore tour The evolution of procurement solutions.

AP Automation 130

AP Automation accounts payable Approval Workflows Technology 130

PYMNTS

DECEMBER 12, 2019

Yooz , a company that provides a cloud-based purchase-to-pay automation solution for companies, has announced a partnership with Microsoft , according to a press release.

AP Automation 60

AP Automation Technology accounts payable accounting and finance 60

PYMNTS

JANUARY 29, 2019

Straight-through processing (STP) is the gold standard for accounts payable (AP) departments. For businesses that do experience a high volume of exceptions, the AP department can remain a manual area of the enterprise, even with technological adoptions.

accounts payable 64

accounts payable Technology accounted Account 64

MineralTree

FEBRUARY 15, 2024

Is your accounts payable (AP) check run holding your business back? The AP check run remains a pain point for many finance departments who rely on manual processes and outdated solutions to manage AP — in turn, causing check run delays and hiccups. What is a check run in accounts payable?

AP Automation 78

AP Automation accounts payable Technology accounting and finance 78

PYMNTS

NOVEMBER 13, 2019

In the drive to manage accounts payable (AP) more efficiently, buyers can not only optimize their own working capital, they can help suppliers, too. To that end, Bottomline Technologies Vice President of Strategy and Product Bill Wardwell said, AP automation can help.

AP Automation 46

AP Automation Technology accounts payable Accounts Payable Automation 46

PYMNTS

OCTOBER 29, 2018

Accounts payable (AP) automation certainly has the potential to transform the invoice-to-pay process by allowing employees to turn their attention from monotonous, manual tasks to more value-added ones. Transforming AP departments in this way, though, is no straight-forward task — for more reasons than one.

Technology 73

Technology AP Automation B2B accounts payable 73

PYMNTS

NOVEMBER 21, 2018

With pressure mounting for the enterprise to digitize, accounts payable automation is seen as a crucial part of achieving greater efficiency, cost savings, visibility into spend and strengthening of vendor relationships, to name a few benefits. But going it alone can quickly overwhelm a business.

Technology 63

Technology AP Automation accounts payable Accounts Payable Automation 63

PYMNTS

APRIL 20, 2020

Finnish software firm Basware has announced an upgrade of its accounts payable (AP) automation solution to allow increased functionality for invoicing. AP Pro delivers a completely new user interface allowing easy tracking of invoices in all stages of processing,” said Basware Director of AP Automation Products Olav Maas.

AP Automation 72

AP Automation accounts payable accounted Account 72

PYMNTS

JULY 26, 2018

Perhaps the biggest takeaway from Hyland and Statista ‘s new accounts payable (AP) report is that, frankly, there isn’t much new to be said about AP automation trends at all. One-fifth said their automation solution is not user-friendly, and one-fifth said data errors are delaying processing times, too.

AP Automation 40

AP Automation Technology accounts payable AP Processes 40

CPA Practice

MAY 22, 2024

Goldman Sachs recently estimated that automating Accounts Payable processes can result in time savings of 70-80% for small and medium-sized businesses. Efficient accounts payable (AP) processes are crucial for maintaining a healthy cash flow and fostering strong relationships with suppliers.

AP Processes 69

AP Processes Technology AP Automation accounts payable 69

MineralTree

MARCH 30, 2023

Accounts payable (AP) automation has become a popular tool for franchises to overcome these obstacles. In this article, we will discuss the challenges associated with franchise accounting and how AP automation helps solve them. What are the Challenges of Franchise Accounting?

AP Automation 79

AP Automation accounted Account accountant 79

MineralTree

FEBRUARY 9, 2023

These circumstances have left the majority of healthcare organizations facing the same AP challenges. Payment and Accounts Payable Trends for Healthcare in 2023 In order to deal with healthcare AP challenges , today’s medical practices must find ways to cut costs without affecting patient care quality.

Healthcare 80

Healthcare AP Automation accounts payable accounting and finance 80

PYMNTS

OCTOBER 25, 2019

That’s a major problem for businesses looking to improve their accounts payable operations, says IPS President and Chief Executive Officer Greg Bartels. Without standards, accounts payable departments can never be sure of the format in which they will receive supplier invoices.”. The problem for U.S.

AP Automation 40

AP Automation Technology accounts payable B2B 40

MineralTree

SEPTEMBER 28, 2023

Under the finance umbrella, accounts payable (AP) is particularly ripe for digitalization, with the potential to streamline operations and enhance efficiency. They require document conversions, time-consuming follow-ups with decision-makers, and error-prone manual data entry. accuracy on each invoice.

Finance 78

Finance AP Automation AP Processes Technology 78

MineralTree

OCTOBER 5, 2023

Read on to learn the benefits of streamlining and optimizing the accounts payable month-end close process, including information on best practices and the role of automation in achieving operational excellence. What Is the Month-End Close Process in Finance?

AP Automation 76

AP Automation accounts payable AP Processes accounting and finance 76