Airbase

NOVEMBER 15, 2023

Benefits of Airbase AP Automation: Selecting the right AP Automation solution. What is AP automation? AP automation refers to software that handles the workflows associated with the AP process. Managers and executives can also use AP automation software to monitor AP processing activities.

AP Automation 130

AP Automation Technology accounts payable Accounts Payable Automation 130

PYMNTS

SEPTEMBER 26, 2019

This week, Fundbox, a B2B payments startup attempting to fix the “net terms” economy, raised $176 million in equity, a sign that changing the invoice settlement system presents a big opportunity. In an interview with PYMNTS , Eyal Shinar, CEO at Fundbox, characterized this as an approximately $3.1 trillion problem.

AP Processes 50

AP Processes Technology AP Automation B2B 50

CPA Practice

DECEMBER 17, 2023

AP automation is a key strategy for many finance leaders In the survey, finance leaders ranked AP automation as their top digitization priority in the back office—ahead of Accounts Receivable (AR), expense management, close management, and forecasting.

AP Automation 132

AP Automation Finance AP Processes Approval Workflows 132

Airbase

NOVEMBER 29, 2023

Audit trails and reporting: Audit audit trails to track changes, approvals, and actions taken throughout the AP process. Develop comprehensive reporting capabilities to gain insights into processing times, bottlenecks, and areas for improvement. Scalability: As businesses grow, their AP processes need to scale accordingly.

AP Automation 130

AP Automation Technology accounts payable AP Processes 130

MineralTree

OCTOBER 19, 2023

It’s no surprise that MineralTree’s State of AP Report identified the AP function as the No. Modern accounts payable software solutions can help businesses transform their AP function, automate AP processes, and overcome manual inefficiencies. 1 digital transformation priority for finance leaders.

accounts payable 75

accounts payable AP Automation AP Processes Approval Workflows 75

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

PYMNTS

AUGUST 21, 2019

The drive to eliminate paper in the accounts payable process, to cut the steps that lead to inefficiencies, continues to get a boost from technology.

AP Processes 46

AP Processes AP Automation Technology accounts payable 46

MineralTree

JUNE 1, 2023

Integrating QuickBooks with a compatible accounts payable automation software helps finance teams digitize their entire AP process. Using only QuickBooks for AP involves many manual steps, like chasing down approvers for signatures or getting checks out the door.

accounts payable 75

accounts payable quickbooks AP Automation AP Processes 75

MineralTree

SEPTEMBER 28, 2023

The upcoming State of AP Report 2023 highlights that almost half of respondents (49.1%) express concerns about reducing AP processing costs. For example, businesses that rely on manual invoice processing spend up to $12.44 The State of AP Report 2023 highlights that a staggering 84.7% per invoice on average.

Finance 78

Finance AP Automation AP Processes Technology 78

MineralTree

AUGUST 24, 2023

Improving the QuickBooks AP Workflow: 11 Reasons to Automate While many organizations continue to rely on the current AP workflow in QuickBooks, the need for a more streamlined process is becoming increasingly clear. Automation tools eliminate this manual work and streamline the entire AP process so you can pay vendors faster.

accounts payable 70

accounts payable quickbooks AP Automation AP Processes 70

MineralTree

JANUARY 11, 2024

With MineralTree, teams can improve their AP process in weeks instead of months. Steps for Making Electronic Payments with NetSuite and AP Automation To effectively enable electronic payments within NetSuite using AP automation, you need to follow a structured approach to ensure seamless execution.

AP Automation 81

AP Automation NetSuite Technology AP Processes 81

AccountingDepartment

JUNE 8, 2023

Imagine having the ability to scale accounts payables (AP) operations for your e-commerce business, with the same amount of staff, or even less. With Tipalti's AP automation technology, businesses can do just that and accelerate their AP processes across the board.

AP Automation 69

AP Automation E-commerce AP Processes accounts payable 69

MineralTree

SEPTEMBER 7, 2023

The Advantages of a Paperless Invoice Approval System Using a paperless invoice approval solution can help AP departments streamline approvals in a number of different ways. From gaining visibility into the AP process to managing payments in a more timely manner, going paperless has many benefits.

Approval Workflows 77

Approval Workflows AP Processes Technology quickbooks 77

CPA Practice

APRIL 24, 2023

Whether you’re in the midst of digital transformation or just beginning to explore, you’re probably seeing new opportunities to improve your company’s AP processes with the help of technology. Speak to the costs of manual invoice processing and the benefits of automating it.

Technology 80

Technology AP Processes Indiana CPA 80

MineralTree

FEBRUARY 1, 2024

Our survey found that in this economic climate, the top issue facing finance leaders is getting more done with less by avoiding new hires and reducing headcount (59%), followed by the goal of reducing AP processing costs (49%). Teams that automate AP processes are likelier to achieve the productivity gains they seek.

accounts payable 74

accounts payable AP Automation AP Processes accounted 74

Accounting Seed

FEBRUARY 6, 2024

“AP Automation is the answer to the market’s desire for truly embedded finance,” said Ryan Sieve, chief technology officer at Accounting Seed. “We We know the entire AP process is cumbersome, but with AP Automation, we are enabling our customers to save time and streamline all the activities that touch the AP process.

AP Automation 59

AP Automation Technology AP Processes Accounts Payable Automation 59

AccountingDepartment

FEBRUARY 7, 2023

Using a high-level software system like NetSuite for business operations, like accounts payables, provides small to medium-sized businesses opportunities to save money, reduce risk, and increase efficiency throughout the full AP process.

accounts payable 68

accounts payable Accounts Payable Automation NetSuite AP Processes 68

MineralTree

MARCH 7, 2024

Optimizing your AP process QuickBooks is the obvious first choice for many small businesses seeking an accounting software solution. But the right accounts payable (AP) automation solution can help bridge the gap for a smooth migration process, ensuring data accuracy and consistency—and an overall more efficient AP process.

quickbooks 52

quickbooks AP Processes AP Automation Technology 52

CPA Practice

DECEMBER 20, 2023

When combined with Quadient’s AP automation solution, users benefit from seamless synchronization of all AP processes. Xero helps 3.95 million subscribers worldwide to run their business accounting online and in one place.

Technology 111

Technology Accounts Payable Automation AP Automation accounts payable 111

MineralTree

NOVEMBER 9, 2023

An Overview of MineralTree’s Integration Capabilities MineralTree offers a wide range of ERP integration options , simplifying the transition to digital AP processes. Sage Intacct The integration with Sage Intacct allows seamless data exchange, helping AP teams efficiently manage their financial data.

AP Processes 72

AP Processes AP Automation Approval Workflows NetSuite 72

CPA Practice

SEPTEMBER 23, 2024

This marks the second year in a row that Quadient has been named a leader in both AP and AR in the SPARK Matrix reports. The recognition comes on the heels of Quadient also being named a Technology Leader in the “2024 SPARK Matrix: Accounts Receivable (AR) Applications” report, which published in May.

AP Automation 52

AP Automation Technology Accounts Payable Automation accounts payable 52

PYMNTS

APRIL 9, 2020

To help additional middle-market companies automate their accounts payable (AP) processes, MineralTree announced that it has grown its integration abilities, according to a press release. In separate news, OpenText unveiled its new Trading Grid with a rollout that connects ERP with AP, among other systems.

AP Automation 76

AP Automation AP Processes Technology accounts payable 76

PYMNTS

DECEMBER 13, 2020

We are excited to provide B2BE with additional tools to help accomplish that mission by eliminating paper-based payments in the AP process," he said, according to the release. Shadrach added that the company wanted to add to its AP Automation to make sure that both ends of the AP process are covered.

B2B 75

B2B AP Processes AP Automation payroll 75

CPA Practice

OCTOBER 25, 2023

Purchase order (PO) and receipt details can now be synced from QuickBooks Desktop to BILL, so customers can track the progress and status of POs, and automate two-way and three-way matching between POs, receipts, and invoices to streamline AP processes.

quickbooks 59

quickbooks AP Processes Approval Workflows Technology 59

MineralTree

MARCH 16, 2023

Accounts payable outsourcing is the business practice of partnering with a third-party AP outsourcing firm to fully offload the handling of your organization’s AP processes. What is Accounts Payable Outsourcing?

AP Automation 88

AP Automation accounts payable Technology Accounts Payable Automation 88

PYMNTS

OCTOBER 6, 2020

The pandemic has upended supply chains, and upended accounts payable (AP) processes – requiring companies of all sizes and types to move toward digital (and high-tech-powered) means to transform back-office functions. And for that, the AP process has to be smooth.

AP Processes 93

AP Processes Technology accounts payable audit 93

Accounting Insight

OCTOBER 18, 2022

CFOs wear many hats and are well-positioned to help to head off costly supply chain disruptions, with the support of their Supply Chain Manager, a profession which has historically faced challenges when it comes to Accounts Payable (AP) processes. billion by 2026.

Accounts Payable Automation 52

Accounts Payable Automation accounts payable AP Automation AP Processes 52

MineralTree

MARCH 14, 2024

End-to-end automation enables businesses to efficiently process invoices and pay vendors quickly and easily. By adhering to AP best practices, businesses can enhance efficiency, improve accuracy, and streamline the entire AP process. The ability to scale Companies often struggle to scale their AP processes.

accounts payable 52

accounts payable AP Automation AP Processes accounted 52

MineralTree

JANUARY 25, 2024

AP automation remains a top priority because it provides substantial operational efficiencies and helps teams track payment flows and gain control over payment transaction timing. Key Takeaway: As you embark on digital transformation efforts, take it one financial function at a time — but remember that AP is a great starting point.

accounts payable 69

accounts payable AP Automation AP Processes accounted 69

MineralTree

FEBRUARY 29, 2024

Efficient digital payments are critical for accounts payable (AP) teams to streamline the AP process and maintain strong relationships with vendors. However, managing payments through QuickBooks alone involves resource-intensive manual processes and limits teams’ ability to handle diverse invoice types.

AP Automation 52

AP Automation quickbooks Technology AP Processes 52

MineralTree

APRIL 20, 2023

The initiative to automate our AP process was really kick-started during Covid,” said Matt Ogle, Accounts Payable & Vendor Manager for MTB. “A However, because our AP process was entirely paper-based and manual, we had to go into the office to pay our vendors.

AP Processes 77

AP Processes Montana quickbooks accounts payable 77

MineralTree

JUNE 15, 2023

We’ll cover the integration process, the advantages of integrating, and the steps required to get started. So, whether you’re already using NetSuite or considering it for your business, read on to learn how integration can help streamline your AP processes and drive greater efficiency. What is NetSuite?

NetSuite 75

NetSuite NetSuite Integration AP Automation AP Processes 75

PYMNTS

APRIL 16, 2020

The technology, which can be put into place within seven days, will let companies provide their suppliers with the ability to electronically submit invoices and keep their accounts payable (AP) processes running with on-time invoice payments per an announcement. As a result, AP processes and payments to suppliers are facing disruption.

AP Processes 60

AP Processes accounts payable accounting and finance California 60

Accounting Insight

MARCH 17, 2023

To help curb the effect of inflation and recession on the bottom line, the key is to challenge the internal costs, more specifically, the internal costs of the purchasing chain and processes. One of the critical areas where we can do this is in our Accounts Payable (AP) process.

AP Automation 52

AP Automation AP Processes accounts payable Accounts Payable Automation 52

PYMNTS

MAY 1, 2019

PYMNTS surveyed executives at 2,570 firms to examine their AP processes and how automation could help them address common AP frictions. When it comes to AP automation, firms seem to be facing a “chicken or the egg” dilemma. percent, said they already have “very” or “extremely” efficient AP processes in place.

AP Processes 81

AP Processes AP Automation accounts payable accounted 81

MineralTree

NOVEMBER 30, 2023

Invest in Paperless Processes Transitioning to a paperless AP process minimizes manual paperwork requirements and expedites document retrieval and approval cycles. Automate the Entire End-to-End AP Process AP automation encompasses invoice capture , approval workflows, payment processing, and reconciliation.

Finance 91

Finance AP Automation Approval Workflows Technology 91

MineralTree

DECEMBER 14, 2023

As a result, they partnered with MineralTree to streamline their entire AP process. Final Thoughts According to our State of AP Report , almost 30% of companies have not yet automated their invoice approvals. However, companies can benefit by expanding their automation capabilities to the entire end-to-end AP process.

accounts payable 66

accounts payable AP Processes AP Automation accounting and finance 66