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

Airbase

FEBRUARY 23, 2023

The goal of P2P software is to increase efficiency and accuracy in the procurement process while also providing visibility into spending and supplier performance. P2P software supports AP processes by automating procurement activities and capturing relevant financial information What should I look for in a P2P solution?

Approval Workflows 130

Approval Workflows Technology general ledger AP Processes 130

MineralTree

NOVEMBER 30, 2023

Make It Easier to Approve Invoices Efficient invoice approval workflows are essential for preventing bottlenecks and simplifying financial operations. Leveraging customized processes and solutions like MineralTree allows you to route invoices to the appropriate stakeholders for review, ensuring smooth monitoring and tracking.

Finance 91

Finance AP Automation Approval Workflows Technology 91

Airbase

NOVEMBER 29, 2023

Assessment and mapping: Identify key steps in your current AP workflows, from invoice receipt to payment processing. Map out approval hierarchies, specifying individuals or departments responsible for each stage. AP automation’s data analytics informs strategic business decisions and financial planning.

AP Automation 130

AP Automation Technology accounts payable AP Processes 130

Airbase

JANUARY 13, 2023

Automated approval workflows. Set up automated approval workflows for invoices so that invoices are approved and paid in a timely manner. By the 2010s, many solutions like NetSuite, SAP, and others started offering full automation for AP processes to increase efficiency, accuracy, and control over financial data.

Technology 130

Technology Approval Workflows NetSuite Spend Management 130

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

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

MineralTree

JUNE 1, 2023

Integrating QuickBooks with a compatible accounts payable automation software helps finance teams digitize their entire AP process. It offers a range of features that support bookkeeping, financial reporting, and inventory management, but its accounts payable (AP) functionality is relatively bare-bones.

accounts payable 75

accounts payable quickbooks AP Automation AP Processes 75

PYMNTS

NOVEMBER 2, 2020

The connection will let firms that have invested in Aptean digitize their AP processes with Palette's offering. To automate AP workflows, Palette's AP Automation for Aptean harnesses robotic process automation (RPA).

AP Automation 56

AP Automation Technology Approval Workflows AP Processes 56

MineralTree

JANUARY 11, 2024

The right AP automation tool is pivotal in enhancing the efficiency and accuracy of electronic payments within these ERP systems, such as NetSuite. MineralTree also mirrors the workflow in Netsuite with an API that has a true bi-directional sync. With MineralTree, teams can improve their AP process in weeks instead of months.

AP Automation 81

AP Automation NetSuite Technology AP Processes 81

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

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. Challenges in managing high-volume AP High-volume AP comes with its own challenges.

accounts payable 52

accounts payable AP Automation AP Processes accounted 52

CPA Practice

OCTOBER 11, 2023

Some key themes highlighted in the report, include: Recessionary headwinds, rising costs and hybrid workplaces are pressuring AP teams to do more with less With increasing corporate belt-tightening, finance leaders are focused on boosting the productivity of lean AP teams and taking measures to cut costs.

Finance 59

Finance AP Automation AP Processes Approval Workflows 59

MineralTree

DECEMBER 14, 2023

What is Digital Invoice Approval? Digital invoice approval involves reviewing, approving, and processing invoices electronically prior to payment. An electronic approval workflow takes out the paper-based component of this process to improve transparency, allowing teams to accurately track the status of their invoices.

accounts payable 66

accounts payable AP Processes AP Automation accounting and finance 66

PYMNTS

AUGUST 12, 2020

Finance administrators and project managers both benefit from automation of the accounts payable process. Also, the approval workflow is coded into the system, where exceptions are handled. As a result, administrators and approvers have a faster way to take care of problems.

AP Automation 69

AP Automation Construction Technology accounts payable 69

Cherry Bekaert

MARCH 22, 2024

With purchasing functionality enabled, you can define the workflows and approvals to align with the way you operate, giving your organization complete visibility into the entire AP process. Purchasing Sage Intacct also puts organizations in control during purchasing processes.

general ledger 115

general ledger accounts payable Technology accounting and finance 115

PYMNTS

NOVEMBER 3, 2020

The connection will let firms that have invested in Aptean digitize their AP processes with Palette's offering.

B2B 88

B2B AP Automation accounts payable B2C 88

MineralTree

FEBRUARY 15, 2024

The AP check run remains a pain point for many finance departments who rely on manual processes and outdated solutions to manage AP — in turn, causing check run delays and hiccups. This blog explores the intricacies of the AP check run and actionable tips to fortify your financial processes.

AP Automation 78

AP Automation accounts payable Technology accounting and finance 78

MineralTree

JANUARY 12, 2023

Teams can automate some or all of the steps within the invoice workflow, including invoice capture , coding and approvals, as well as payment authorization and execution. The first step of automating the payment workflow is to contact all vendors and provide them with an email address to send all invoices for automated capture.

Technology 80

Technology AP Automation AP Processes Approval Workflows 80

PYMNTS

NOVEMBER 13, 2019

“Buyer companies need to be able to convert the data within those documents into a digitized workflow, where they can review, approve and better understand the related impact to their cash flows,” he said.

AP Automation 46

AP Automation Technology accounts payable Accounts Payable Automation 46

MineralTree

FEBRUARY 22, 2024

This flexibility allows businesses to easily manage diverse organizational structures and complex processes — creating invoice workflows that save time, money, and errors associated with manual processes.

AP Automation 52

AP Automation Oklahoma Technology accounting and finance 52

PYMNTS

AUGUST 15, 2016

By adopting ePayments and automating your AP process, you can pay vendors electronically, while maintaining all of your banking relationships and approval workflows,” according to AvidXchange. “If your company is still making payments with paper checks, you’re not capitalizing on today’s best practices.

AP Automation 40

AP Automation Approval Workflows Technology AP Processes 40