Airbase

NOVEMBER 29, 2023

Implementing accounts payable 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 AP automation solution for your organization by following accounts payable best practices.

AP Automation 130

AP Automation Technology accounts payable AP Processes 130

MineralTree

JUNE 1, 2023

Managing accounts payable can be a time-consuming and challenging task, especially for businesses with limited resources. Thankfully, the right accounts payable software can help businesses streamline their payment processes, reduce manual errors, and improve efficiency.

accounts payable 75

accounts payable quickbooks AP Automation AP Processes 75

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

MineralTree

NOVEMBER 30, 2023

Maintaining finance department efficiency is a constant challenge, especially for teams that rely on legacy technology and manual processes. The good news is that technological advancements have made it possible for finance departments to increase productivity and to do more with less. What are the Challenges in Finance?

Finance 91

Finance AP Automation Approval Workflows Technology 91

Airbase

OCTOBER 25, 2023

If any finance process is overdue for innovation, it’s procurement. Finance teams who must accurately record all transactions, 3. Let’s take a look at IDC’s research and what it means for finance teams. This is why we’re seeing intake solution providers adding accounts payable automation to their offering.

AP Automation 130

AP Automation accounts payable Approval Workflows Technology 130

MineralTree

SEPTEMBER 28, 2023

Today’s fast-paced business landscape demands unprecedented levels of efficiency and accuracy, especially in the finance sector. Under the finance umbrella, accounts payable (AP) is particularly ripe for digitalization, with the potential to streamline operations and enhance efficiency.

Finance 78

Finance AP Automation AP Processes Technology 78

MineralTree

MARCH 14, 2024

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?

accounts payable 52

accounts payable AP Automation AP Processes accountant 52

Cherry Bekaert

MARCH 22, 2024

For finance leadership and teams, this requires constantly analyzing, reforecasting, rethinking new data, and determining new approaches to drive business. Accounts Payable With Sage Intacct’s accounts payable (AP)software, you can easily track and view payments and schedule approvals anytime.

general ledger 115

general ledger accounts payable Technology accounting and finance 115

CPA Practice

AUGUST 26, 2024

Embracing Automation The platforms and solutions that are quickly becoming table stakes for accounting firms often offer automation tools that can be applied to optimize sometimes-tedious processes and workflows. And on the positive side, a new need is beginning to emerge among SMBs.

Technology 115

Technology accountant Account accounted 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

CPA Practice

OCTOBER 11, 2023

With increasing corporate belt-tightening, finance leaders are focused on boosting the productivity of lean AP teams and taking measures to cut costs. MineralTree’s 2023 State of AP Report explores these trends and their significant impact on finance teams. According to a new survey, many are turning to automation to achieve this goal.

Finance 59

Finance AP Automation AP Processes Approval Workflows 59

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

CPA Practice

NOVEMBER 14, 2023

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 accounts payable automation. Intuit Inc. Intuit is the maker of TurboTax , Credit Karma , QuickBooks , and Mailchimp.

quickbooks 111

quickbooks AP Automation Accounts Payable Automation Approval Workflows 111

Accounting Insight

MAY 26, 2023

Cloud accounting business iplicit and global Software as a Service business Lightyear have joined forces to provide an accounts payable solution that can drastically cut the time and costs involved in the manual accounts payable process.

Accounts Payable Automation 72

Accounts Payable Automation Technology accounts payable accountant 72

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

MineralTree

DECEMBER 14, 2023

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

Airbase

APRIL 4, 2023

During this time, we are going to see many finance teams bombarded with account change requests and asks to urgently modify wire destinations. We were gratified to see how much that outreach was deeply appreciated by CFOs, controllers, and accounts payable managers who were operating in a very challenging environment.

Approval Workflows 130

Approval Workflows accounting and finance accounts payable payroll 130

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. By Laurent Charpentier.

AP Processes 69

AP Processes Technology AP Automation accounts payable 69

MineralTree

JANUARY 11, 2024

However, accounts payable (AP) automation can make electronic payments in ERP systems , like Netsuite, much easier. MineralTree also mirrors the workflow in Netsuite with an API that has a true bi-directional sync. More Flexibility In 2022 , Netsuite and HSBC announced their plans to collaborate on an accounts payable solution.

AP Automation 81

AP Automation NetSuite Technology AP Processes 81

MineralTree

NOVEMBER 9, 2023

This is especially important for accounts payable (AP) teams, where timely and accurate data flow is essential. Features like automated invoice processing and payment approval workflows streamline AP processes both in a top-level or entity-level structure.

AP Processes 72

AP Processes AP Automation Approval Workflows NetSuite 72

Accounting Seed

JANUARY 9, 2024

Most recently, Accounting Seed launched AR (Accounts Receivable) Automation , eliminating the need for manual reconciliation— reducing time spent from hours to minutes. How can Accounting Seed help?

accountant 59

accountant Account accounted Technology 59

CPA Practice

AUGUST 28, 2024

Our customizable payment approval workflow feature enhances control and oversight of payments and is free, potentially saving accountants hundreds of dollars per year when switching from costly approval tools. By automating routine tasks, Forwardly empowers accountants to transition from bookkeeping to higher-value tasks.

Technology 124

Technology accounting firms accountant Account 124

CPA Practice

MAY 26, 2023

With NetSuite for Government, agencies can automate: Core Fund Accounting: Helps agencies to efficiently manage finance and accounting with integrated general ledger, accounts receivable, accounts payable, cash management, statistical accounting, allocation schedules, and real-time reporting capabilities.

NetSuite 52

NetSuite Government general ledger Approval Workflows 52

PYMNTS

JUNE 30, 2016

The perception of the role of Accounts Payable among professionals has moved up a notch, according to Ardent Partners. Companies considered the AP unit as far less collaborative with the finance and treasury departments, researchers found. Professionals expect the accounts payable department to evolve.

accounts payable 41

accounts payable AP Automation Approval Workflows accounting and finance 41

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. With a nod to the partnership model, the Bottomline Technologies VP said FinTechs have helped drive the evolution of accounts payable automation.

AP Automation 46

AP Automation Technology accounts payable Accounts Payable Automation 46

MineralTree

APRIL 6, 2023

They are commonly used within the finance department, including accounts payable , accounts receivable, and purchasing. They are especially critical for accounting teams; so much so that 89% of companies view them as a necessity for the department.

AP Automation 64

AP Automation Technology NetSuite quickbooks 64

CPA Practice

DECEMBER 6, 2024

If the company lacks operating cash flow and is only using financing cash flow, youll need to consider how cash is moving to creditors, investors and owners. If not, what steps can be taken to improve it? Operating cash flow margins. How much cash is being generated from operating activities?

Approval Workflows 52

Approval Workflows Technology Non-Profits accounts payable 52

MineralTree

JANUARY 12, 2023

Automated payments help accounts payable (AP) teams quickly pay suppliers and process invoices by streamlining manual, convoluted AP workflows. Teams can automate some or all of the steps within the invoice workflow, including invoice capture , coding and approvals, as well as payment authorization and execution.

Technology 80

Technology AP Automation AP Processes Approval Workflows 80

Snyder

DECEMBER 21, 2022

By definition, it’s an estimation of future business incomes and expenses based on the evaluation of the business finances over a certain past period. The advantages are pretty obvious: apart from the time saved, there’s a clearer view of business finances based on full and accurate data. What is a business budget?

quickbooks 72

quickbooks E-commerce NetSuite accounting and finance 72

CPA Practice

SEPTEMBER 5, 2024

The transaction is subject to customary closing conditions and regulatory approvals, and it’s expected to close in the first or second quarter of fiscal 2025. Its finance and spend management software solution is focused on the 100- to 5,000-employee segment of the market, with more than 500 clients with an average of over 200 employees.

Procure to Pay Platform 52

Procure to Pay Platform Accounts Payable Automation Spend Management Platform Approval Workflows 52