Remove accounts payable Remove Approval Workflows Remove Finance
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Modulr acquires accounts payable automation disruptor Nook

Accounting Insight

Modulr , the embedded payments platform, today announces its acquisition of Nook , an innovative disruptor in accounts payable (AP) automation. For instance, 60% of large companies use at least five separate systems just for accounts payable.

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Virtual card payments and their benefits for accounts payable departments.

Airbase

Virtual cards are a game-changer for accounts payable departments. In addition to greater control, security, and flexibility, virtual card payments can save finance teams hours of tedious work. David Coffman, VP Finance at Doximity, says Airbase virtual cards play an integral role in cutting the company’s time-to-close in half.

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How to Improve the NetSuite Invoice Approval Workflow

MineralTree

From manually inputting invoice data to chasing down approvers for signatures, a traditional paper-based approval process contains many time-consuming, manual steps that slow down payments and sap resources. Automating invoice approvals with NetSuite in this way boosts accuracy and efficiency.

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How to Effectively Audit Accounts Payable

MineralTree

Accounts payable is a foundational function that ensures organizations maintain accurate invoices, payments, and vendor relationships, while making bill payments on time. However, amidst today’s rapid and intricate business transactions, particularly in high volumes, managing accounts payable processes can pose significant challenges.

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How to Choose the Best Accounts Payable Software Solution

MineralTree

Accounts payable (AP) is a critical business function, responsible for protecting cash flow, maintaining good relationships with vendors, and ensuring compliance with financial regulations. 1 digital transformation priority for finance leaders. What Are the Types of Accounts Payable Software?

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Best Practices for Managing High-Volume Accounts Payable

MineralTree

However, many companies still rely on manual processes to manage accounts payable—and these outdated practices are causing problems across their financial operations. An overview of high-volume accounts payable High-volume AP involves managing a large number of invoices and payments. Did you know?

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The Accounts Payable Workflow in QuickBooks: How to Improve the Process

MineralTree

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.