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 emails, he said, also do not serve as the best way to audit approval cycles.

AP Processes 93

AP Processes Technology accounts payable audit 93

PYMNTS

AUGUST 3, 2020

He still predicted that easy-to-use B2B payment apps could supplant paper-based processes, and that the pandemic-driven shift to remote operations could spur this transition. Business owners are more removed from their companies’ AP processes when staff are working in different locations, after all.

AP Processes 81

AP Processes accounts payable Missouri B2B 81

PYMNTS

AUGUST 21, 2019

The changing regulatory environment has also proven to be a tailwind for AP automation. Legislation like the Sarbanes-Oxley Act and others have put pressure on companies to be able to show an auditable and measurable process in all their financial systems,” Flynn said.

AP Processes 46

AP Processes AP Automation Technology accounts payable 46

PYMNTS

MARCH 10, 2020

As a whole, these services have one thing in common: They all reflect technology’s heightened ability to promote stronger buyer-supplier partnerships, with solutions that deepen AR-AP ties while also looking at ways to use automation, data intelligence and FinTech to ease friction for both ends of the B2B transaction.

accounts payable 57

accounts payable AP Processes Technology B2B 57

PYMNTS

FEBRUARY 19, 2018

In the B2B realm, the movement to get suppliers paid on time may become a struggle, mired as AP management is in the paper chase of manual effort. In the latest Topic TBD, Chen Amit, CEO of payables automation company Tipalti , told PYMNTS’ Karen Webster that automating the AP process lets management focus on, well, managing.

AP Automation 51

AP Automation Technology audit accounts payable 51

PYMNTS

JUNE 1, 2016

A new report from AP management firm MineralTree argues that the extra padding provided by the sluggish pace of paper checks is no longer worth the extra time a company gains. “If the accounts payable process sounds ancient and arcane, add in the headaches of answering anxious vendor calls (‘the check’s in the mail!

accounts payable 40

accounts payable AP Processes Account accountant 40

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