Remove accounts payable Remove general ledger Remove Healthcare
article thumbnail

The major benefits of AP Automation.

Airbase

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. ERP/General ledger vs transaction solutions.

article thumbnail

AP Automation Company Stampli Nets $61M in VC Funding

CPA Practice

Stampli , a provider of AI-powered accounts payable automation, today announced that it has raised $61 million in a Series D venture funding round led by funds managed by Blackstone, with the participation of existing investors Insight Partners, SignalFire, Bloomberg Beta, and NextWorld Capital.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Outsourced Accounting Frequently Asked Questions (FAQs)

Cherry Bekaert

Outsourced accounting occurs when a business hires an external, third-party company to handle its finance and accounting functions. These functions can include managing payroll, accounts payable, accounts receivable, monthly bank reconciliations, tax prep support, legal compliance and financial reporting, among others.

Account 81
article thumbnail

On-Prem vs. Cloud: 7 Reasons for Not-for-Profits to Move to Sage Intacct Now

Cherry Bekaert

Automated processes: Sage Intacct automates many financial processes, such as accounts payable, accounts receivable, general ledger, and automated nonprofit revenue recognition. It also offers comprehensive grant tracking and billing.

article thumbnail

ERP Integration: How ERP Systems & AP Automation Tools Work Together

MineralTree

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. Tarnished relationships can make a real impact on the bottom line.

article thumbnail

Storytelling With Sage Intacct: Using Personalized and Real-Time Data To Empower Stakeholders

Cherry Bekaert

For instance, the healthcare vertical is all about per-patient, per-day data. For instance, a controller-based dashboard may be configured to view tactical financial data, such as the number of Accounts Payable (AP) bills paid or transactions entered.