Remove accounts payable Remove Approval Workflows Remove financial statements
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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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Making the most of accounts payable automation

ThomsonReuters

If you are an accountant working within accounts payable, chances are you’ve got an interest in automation. From understanding the why and the how, to knowing what to look for, let us be your guide to accounts payable automation. How can I improve my accounts payable?

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Optimizing your accounts payable workflow process

ThomsonReuters

Accounts payable (AP) is an important signal in understanding the financial health of a business. By optimizing your accounts payable workflow, you can gain insight into cash flow, make better business decisions, and ensure strong relationships with vendors and suppliers.

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Tech Can Help Accountants Have Hobbies Again

CPA Practice

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.

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Propel Your Organization’s Financials Using the Power of Cherry Bekaert and Sage Intacct

Cherry Bekaert

The platform also offers numerous benefits for your core financial functions, including accounts payable, accounts receivable, cash management, general ledger, order management and purchasing. Sage Intacct also streamlines the process of managing complex financials for multiple entities, domestically or globally.

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The Best Tech for Accounting Firms: The 2024 Tax and Accounting Innovation Awards Announced!

CPA Practice

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. The patent covers the application of artificial intelligence to financial statement audits.

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5 Essential Tips for Mitigating Fraud with Internal Controls

Basis 365

Practical Application: Outsourcing: Partner with a fractional accounting department company to include more team members into the segregation of duties workflow. Accounts Payable: Use tools like BILL Payables & Receivables to automate the workflow between team members.