ThomsonReuters

APRIL 6, 2023

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?

Accounts Payable Automation 59

Accounts Payable Automation accounts payable Technology Account 59

Accounting Insight

NOVEMBER 7, 2023

The finance platform iplicit is offering the time-saving advantages of accounts payable (AP) automation to its full range of customers in the latest update to its product. It uses AI Document Intelligence technology to read invoices and seek to match each line item with a recognised supplier and purchase order.

Accounts Payable Automation 69

Accounts Payable Automation accounts payable Technology AP Automation 69

MineralTree

JANUARY 19, 2023

As the top back-office digitization priority for the last two years, accounts payable is a great example of a tool that is trusted amongst finance teams to simultaneously target multiple areas of concern including security, process inefficiencies, and disorganized AP workflows. To learn more, schedule a demo today.

Accounts Payable Automation 76

Accounts Payable Automation accounts payable Technology AP Automation 76

PYMNTS

JUNE 12, 2019

In an interview with Doug Cranston, vice president of product management at Bottomline, the executive noted that in the age of speed, fraudsters are able to more easily exploit firms’ vulnerabilities, compromise their accounts payable process and get away with ill-gotten gains, often to vanish without a trace.

accounts payable 62

accounts payable Account accounted accountant 62

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

Airbase

NOVEMBER 15, 2023

Accounts payable (AP) refers to the series of steps that companies take to pay their bills. It requires the safe handling and recording of funds transferring from the company’s bank account to suppliers and vendors. The importance and evolution of accounts payable. Using AP automation software.

AP Automation 130

AP Automation Technology accounts payable Accounts Payable Automation 130

PYMNTS

JANUARY 29, 2019

Straight-through processing (STP) is the gold standard for accounts payable (AP) departments. That’s because many automated technologies will simply route an invoice flagged as an exception to a human for manual review of the document.

accounts payable 64

accounts payable Technology Account accounted 64

Accounting Today

SEPTEMBER 26, 2023

In the context of accounts payable, generative AI can create text-based documents, such as invoices or purchase orders, by analyzing patterns and information from historical data.

accounts payable 127

accounts payable Account accounted accountant 127

MineralTree

AUGUST 24, 2023

Are you relying on the current accounts payable (AP) workflow in QuickBooks Desktop or Online to manage your financial operations? With QuickBooks Online, MineralTree can also push captured invoice PDFs and additional documentation, ensuring the software retains all necessary records for digital archiving.

accounts payable 70

accounts payable quickbooks AP Automation AP Processes 70

MineralTree

DECEMBER 15, 2022

In any organization, the accounts payable (AP) department is responsible for handling and processing payments. What is Compliance in Accounts Payable? Compliance in accounts payable refers to the practice of following laws, regulations, and standards related to handling payments. Let’s take a closer look.

accounts payable 52

accounts payable AP Automation Account accounted 52

Accounting Insight

NOVEMBER 16, 2023

The finance platform iplicit is offering the time-saving advantages of accounts payable (AP) automation to its full range of customers in the latest update to its product. It uses AI Document Intelligence technology to read invoices and seek to match each line item with a recognised supplier and purchase order.

Accounts Payable Automation 59

Accounts Payable Automation accounts payable Technology AP Automation 59

SMBAccountant

MARCH 6, 2024

Liabilities Liabilities represent financial obligations or debts owed by the company to external parties, including credit cards, accounts payable, and loans. Deferred Revenue Deferred revenue is documented when a business receives advance payment from a customer but has not yet delivered the goods or services.

accrual accounting 130

accrual accounting accounts payable Account accounted 130

Snyder

MAY 10, 2022

An accounts payable process helps your finance teams to manage this and build a reputation for timely payments. . What’s an accounts payable process? Benefits of accounts payable. Managing your accounts payable. Make the most of your business accounts payable. Contents: 1.

accounts payable 52

accounts payable Account accounted accountant 52

ThomsonReuters

APRIL 6, 2023

Whether you’re an accountant, a small business owner, or a professional working within an organization, understanding what accounts payable is and how it works is essential. As an important cash flow indicator, accounts payable is a sign of the health of a business. Often, these types of charges are invoiced.

accounts payable 52

accounts payable general ledger Account accounted 52

Airbase

OCTOBER 23, 2023

Three-way matching is a fundamental accounting and procurement control process that matches three critical documents related to a purchase: The purchase order (PO). In many organizations, this is a manual process that requires assembling all necessary documentation and verifying that the details match. What is 3-way matching?

accounts payable 130

accounts payable AP Automation Technology accounting and finance 130

ThomsonReuters

APRIL 6, 2023

Accounts payable and accounts receivable are opposite but interconnected procedures. When accounts payable and accounts receivable are in balance, a business can plan ahead for growth. Let’s take a look at their differences. What is the difference between accounts receivable and accounts payable?

accounts payable 52

accounts payable Account accounted accountant 52

Basis 365

JUNE 20, 2023

Efficient accounts payable management is vital for businesses, as it directly influences cash flow, vendor relationships, and overall financial stability. By recognizing and rectifying these errors, businesses can optimize their accounts payable processes and enhance their financial health.

accounts payable 52

accounts payable Account accounted accountant 52

PYMNTS

DECEMBER 9, 2020

Bill.com and Wells Fargo are partnering on a new feature called Bill Manager to help small- to medium-sized businesses (SMBs) access automation for the accounts payable (AP) and accounts receivable (AR) process, according to a press release emailed to PYMNTS.

AP Automation 113

AP Automation accounts payable accounting software Account 113

MineralTree

DECEMBER 22, 2022

What does digital transformation mean in Accounts Payable? Digital transformation in Accounts Payable (AP) occurs when teams use technology to automate and streamline manual processes across the back office. APQC reports that industries using manual accounts payable invoice processing typically pay more in labor expenses.

accounts payable 52

accounts payable AP Automation Account accounted 52

xendoo

FEBRUARY 25, 2022

There are many reasons to have clean accounting books each month. If you don’t know where you stand with accounts receivable, accounts payable, or cash accounts, you won’t be able to make strategic business decisions. What Documentation Should You Have? Incorrect Accounts Payable or Receivable Reports.

general ledger 111

general ledger Account accounted accountant 111

Withum

DECEMBER 2, 2024

What Is Cash Basis Accounting? Cash basis accounting is a straightforward method in which revenue and expenses are recorded only when cash is exchanged. In other words, transactions are documented when money moves in or out of the bank account. However, cash basis accounting has limitations.

accrual accounting 105

accrual accounting Account accounted accountant 105

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. You can also generate invoices for easy subscription management and attach customer documents to transactions for better recordkeeping.

general ledger 115

general ledger accounts payable Technology accounting and finance 115

CPA Practice

SEPTEMBER 17, 2024

By leveraging AI, the solution reduces the time spent on manual data entry and document review, allowing them to focus on higher-value tasks, such as strategic analysis and decision-making. Financial statement validation: Automated review processes ensure accuracy and consistency across financial documents and against prior-year reports.

audit 102

audit auditor accounts payable financial statements 102

Airbase

SEPTEMBER 27, 2023

Document management: Maintain a record of all transactions, contracts, and correspondence for audit and compliance purposes. How does procurement relate to accounts payable? Inventory management: Optimize inventory to minimize carrying costs while ensuring enough supply for operations.

Accounts Payable Automation 130

Accounts Payable Automation accounts payable Technology audit 130

Lockstep

JANUARY 4, 2023

If you manage accounts receivable (AR) and accounts payable (AP) for your business, you know how important it is to have a system in place to keep track of all incoming and outgoing payments. A shared accounting inbox can be a great way to do this, as it allows both AR and AP managers to see all payments in one place.

accounts payable 94

accounts payable Account accounted accountant 94

Lockstep

MAY 19, 2022

Stop chasing down information with a 360-degree view of customer and vendor activity history, transactions, contacts, and documents. Lockstep Inbox allows an accounting team, regardless of size, to cut in half the time it takes to get to inbox zero.

Account 138

Account accounted accountant accounting software 138

Accounting Insight

JANUARY 8, 2024

To help this collaboration, businesses should take steps such as implementing AI and automation tools to detect any suspicious activities or anomalies within the Accounts Payable (AP) process. By Valerie Mazzoni-Colin, VP Global Product Marketing, Finance and Document Automation at Quadient Accounts Payable.

accounts payable 105

accounts payable B2C Technology accounting and finance 105

Xero

JUNE 16, 2022

Complex approval processes can hold up your accounts payable and receivable. ApprovalMax streamlines financial document workflows, meaning you no longer have to send hundreds of emails to get approvals. Deputy Employee Onboarding supports the onboarding of new hires within a day with all documents securely stored within the app.

Technology 119

Technology accounts payable Manufacturing Sales 119

Airbase

OCTOBER 25, 2023

This is why we’re seeing intake solution providers adding accounts payable automation to their offering. Accounts payable and procurement. But Airbase’s platform takes the impact of intake one step further by adding it to our sophisticated accounts payable functionality. They really enjoy using the system.”

AP Automation 130

AP Automation accounts payable Approval Workflows Technology 130

Airbase

JANUARY 11, 2023

Asking employees for required documentation — often repeatedly. When all payment methods are brought together in a single platform, accounts payable work is transformed. No more chasing after receipts and other documentation. Fixing errors on expense reports. Transferring information between multiple systems.

Technology 130

Technology Spend Management Platform accounting and finance Expense Reimbursements 130

PYMNTS

NOVEMBER 25, 2020

Accounts payable (AP) automation software firm Beanworks has rolled out a function for expense reimbursements to assist companies in automating how they get and handle staffer expenditures, according to an announcement. Supervisors can look over receipts and give the go-ahead for reimbursements from anywhere. "As

Expense Reimbursements 84

Expense Reimbursements AP Automation accounts payable accounting and finance 84

PYMNTS

APRIL 8, 2020

This stands in stark contrast to how the accounts payable (AP) departments at many businesses process payments. These innovations offer another important benefit in the midst of a public health crisis: They facilitate remote working relationships and minimize the need to exchange physical documents. About the Playbook.

accounts payable 89

accounts payable audit Account accounted 89

PYMNTS

SEPTEMBER 24, 2020

Accounts payable (AP) teams are now taking a fresh look at the potential of tools such as virtual cards to ease their transaction frictions. The digital methods suit remote purchasing environments and offer security features that can make it difficult for fraudsters to use stolen card details.

Construction 107

Construction B2B accounts payable Pharmaceutical 107

PYMNTS

DECEMBER 29, 2020

Now, with electronic processes in place in accounts payable (AP) and accounts receivable (AR) departments, businesses are in a more strategic position than ever before to elevate workflows and strengthen B2B relationships. Several technologies are emerging as instrumental tools in this regard.

B2B 114

B2B Technology accounts payable accounting and finance 114

Lockstep

MARCH 15, 2023

If you’re an accountant, then you are probably familiar with QuickBooks Online. But what happens when you need to manage your accounts receivable and accounts payable workflows? Streamlining your accounts receivable and accounts payable tasks is essential for small businesses.

quickbooks 16

quickbooks accounts payable accounting software Account 16

SMBAccountant

JUNE 21, 2023

When it comes to financial statements, two key documents play a vital role in providing insights into a company's financial health: the income statement and the balance sheet. While both are important in understanding a company's financial position, they serve different purposes and provide distinct information.

Non-Profits 130

Non-Profits accounting equation financial statements accounts payable 130

Lockstep

NOVEMBER 17, 2022

Lockstep Inbox is the first and only dedicated tool that connects Gmail to QuickBooks Online, Sage Intacct, and Xero, allowing companies to manage their accounts payable (AP) and accounts receivable (AR) Gmail inboxes and accounting workflows all in one centralized location.

accounts payable 85

accounts payable quickbooks accounting software Account 85