MineralTree

OCTOBER 26, 2023

Automation is reshaping the way companies manage their financial operations, especially in accounts payable (AP). Understanding how AP automation works and how it streamlines AP processes is vital to keeping your company ahead of the curve in a rapidly evolving business finance landscape.

AP Automation 76

AP Automation Technology AP Processes accounts payable 76

MineralTree

SEPTEMBER 7, 2023

Accounts payable (AP) teams have long struggled with manual invoice approvals that involve chasing down signatures and slogging through mountains of paperwork. By embracing AP automation , these teams can streamline their processes and speed up invoice processing times while also improving vendor relationships.

Approval Workflows 77

Approval Workflows AP Processes Technology quickbooks 77

CPA Practice

DECEMBER 17, 2023

Accounts Payable (AP), in particular, has become ground zero as liquidity and cash flow become even more indispensable. 52% of AP teams plan to adopt or invest more in automation this year, seeing the opportunity to increase productivity, better manage cash flow and reduce risk, among other benefits.

AP Automation 132

AP Automation Finance AP Processes Approval Workflows 132

MineralTree

JANUARY 11, 2024

However, accounts payable (AP) automation can make electronic payments in ERP systems , like Netsuite, much easier. AP automation technology enables streamlined and error-free payment processing while maximizing the potential of NetSuite electronic payments and accelerating ROI.

AP Automation 81

AP Automation NetSuite Technology AP Processes 81

MineralTree

DECEMBER 14, 2023

What is Digital Invoice Approval? Digital invoice approval involves reviewing, approving, and processing invoices electronically prior to payment. An electronic approval workflow takes out the paper-based component of this process to improve transparency, allowing teams to accurately track the status of their invoices.

accounts payable 66

accounts payable AP Processes AP Automation accounting and finance 66

PYMNTS

NOVEMBER 2, 2020

Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. The connection will let firms that have invested in Aptean digitize their AP processes with Palette's offering. 2) announcement.

AP Automation 56

AP Automation Technology Approval Workflows AP Processes 56

MineralTree

SEPTEMBER 28, 2023

To keep pace with these changes, it’s imperative for financial functions to rethink their processes to boost productivity. Under the finance umbrella, accounts payable (AP) is particularly ripe for digitalization, with the potential to streamline operations and enhance efficiency. per invoice on average.

Finance 78

Finance AP Automation AP Processes Technology 78

CPA Practice

OCTOBER 25, 2023

Bill, a financial operations platform for small and midsize businesses, has has added automation technology to help SMBs and accounting firms get better control and visibility of their accounts payable workflows. Small businesses and accountants move fast and want to focus on growing and managing their businesses.

quickbooks 59

quickbooks AP Processes Approval Workflows Technology 59

Airbase

JANUARY 13, 2023

However, proper data management and double-checking the data will remain important to maintain the accuracy of the invoicing process. 3-way match is a process used in accounts payable to ensure that invoices are accurately matched to the correct purchase order and corresponding goods received note (also called the receiving report).

Technology 130

Technology Approval Workflows NetSuite Spend Management 130

MineralTree

NOVEMBER 30, 2023

With hiring freezes and budget cuts in play, it’s natural that 59% of finance leaders say doing more with less is a top issue for accounts payable (AP) teams in the current economic climate. Automating these tasks reduces manual data entry , minimizes the risk of errors, and accelerates the entire AP cycle.

Finance 91

Finance AP Automation Approval Workflows Technology 91

MineralTree

NOVEMBER 9, 2023

This is especially important for accounts payable (AP) teams, where timely and accurate data flow is essential. An Overview of MineralTree’s Integration Capabilities MineralTree offers a wide range of ERP integration options , simplifying the transition to digital AP processes.

AP Processes 72

AP Processes AP Automation Approval Workflows NetSuite 72

Cherry Bekaert

MARCH 22, 2024

The platform also offers numerous benefits for your core financial functions, including accounts payable, accounts receivable, cash management, general ledger, order management and purchasing. Purchasing Sage Intacct also puts organizations in control during purchasing processes.

general ledger 115

general ledger accounts payable Technology accounting and finance 115

PYMNTS

AUGUST 12, 2020

Palette Software unveiled accounts payable (AP) automation technology that is designed for firms in the construction and engineering industries and run on the cloud, according to an announcement. Finance administrators and project managers both benefit from automation of the accounts payable process.

AP Automation 69

AP Automation Construction Technology accounts payable 69

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. However, managing payments through QuickBooks alone involves resource-intensive manual processes and limits teams’ ability to handle diverse invoice types.

AP Automation 52

AP Automation quickbooks Technology AP Processes 52

CPA Practice

OCTOBER 11, 2023

The 8th annual State of the AP Report, from MineralTree , a Global Payments (NYSE: GPN) company and accounts payable (AP) and payment automation solution provider, looked at progress in modernizing back-office finance processes for businesses amid the impact of multiple macroeconomic factors.

Finance 59

Finance AP Automation AP Processes Approval Workflows 59

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 3, 2020

The partnership will afford companies the ability to streamline end-to-end workflows with a single software solution, allowing for reductions in manual work, expenses and risk that come with cash use, according to the release. Palette Software Integrates With Aptean ERP For B2B AP Automation. 2) announcement.

B2B 88

B2B AP Automation accounts payable B2C 88

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. That, of course, means moving beyond the paper-based invoice processes and the paper check — something that roughly 81 percent of companies still use to pay suppliers.

AP Automation 46

AP Automation Technology accounts payable Accounts Payable Automation 46

MineralTree

JANUARY 12, 2023

Automated payments help accounts payable (AP) teams quickly pay suppliers and process invoices by streamlining manual, convoluted AP workflows. The first step of automating the payment workflow is to contact all vendors and provide them with an email address to send all invoices for automated capture.

Technology 80

Technology AP Automation AP Processes Approval Workflows 80