Remove accounts payable Remove auditor Remove B2B
article thumbnail

Streamlining The Accounts Payable Conversation

PYMNTS

Fishing around in drawers for files, especially for operations that are quite some ways away, can be painful for both companies and auditors alike, said Nissen. The information that is fed back to the larger corporate entity must be timely, he said, with audits growing in incidence.

article thumbnail

Palette Software Integrates With Aptean ERP For B2B AP Automation

PYMNTS

Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. Palette lets these companies take in bill data from vendors quickly, process invoices with an automated flow for approvals and offers a trail that auditors can look at. 2) announcement.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Palette Unveils AP Automation Software For Construction Firms

PYMNTS

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.

article thumbnail

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

CPA Practice

Forwardly Forwardly exemplifies innovation in accounting as the first B2B real-time payment solution in the USA, transforming financial management for small businesses and accounting professionals. One of MakersHub’s standout features is its ability to drastically reduce the time spent on accounts payable tasks.

article thumbnail

How eInvoice Mandates Can Trip Up Your Business Abroad

PYMNTS

businesses are attracted to digital invoicing for a slew of financial benefits: faster, more efficient accounts payable and reconciliation processes, a reduction in the threat of errors due to manual data entry and ability to capture early payment discounts thanks to an accelerated invoice management process. In the U.S., Still, U.S.

article thumbnail

BEC Attacks Surge As Fraudsters Eye Pandemic Opportunity

PYMNTS

This week’s look at the latest cases of B2B fraud finds a surge of business email compromise (BEC) attacks, as well as emerging trends in fraud related to government coronavirus relief efforts. 34 percent of furloughed employees were asked to commit furlough fraud , according to a survey from U.K. .

article thumbnail

In Expense Fraud, Admitting There’s A Problem Is The First Step

PYMNTS

Part of the reason why these scenarios carry on undetected is because the traditional process by which auditors seek out and identify fraud or mistakes is massively burdensome, the CEO said. Kale said many of these tools are coming in from the consumer world as more innovators wield these technologies’ power for B2B use cases.