MineralTree

NOVEMBER 30, 2023

Maintaining finance department efficiency is a constant challenge, especially for teams that rely on legacy technology and manual processes. The good news is that technological advancements have made it possible for finance departments to increase productivity and to do more with less. What are the Challenges in Finance?

Finance 91

Finance AP Automation Approval Workflows Technology 91

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

Airbase

NOVEMBER 29, 2023

Once the accounts payable processes are updated, savvy finance teams can gain maximum benefit and significantly improve overall workflow efficiency and cost control within their organization. Plus, the benefits of accounts payable automation extend beyond the finance department. 9) Leverage real-time analytics.

AP Automation 130

AP Automation Technology accounts payable AP Processes 130

Airbase

JANUARY 11, 2023

Is your finance team getting the love and attention they deserve? Typically overworked and underappreciated, finance teams are a serious flight risk. Staffing problems in the finance department can impact an entire company. And yet, most finance teams still spend an inordinate amount of time on manual tasks.

Technology 130

Technology Spend Management Platform accounting and finance Expense Reimbursements 130

MineralTree

JANUARY 18, 2024

Optimizing the accounts payable (AP) process involves more than paying vendors on time — it’s also about maximizing efficiency and accuracy with every outgoing payment while managing cash flow to maintain a healthy business. The process includes invoice receipt, verification, approval, and eventual payment.

accounts payable 80

accounts payable AP Processes AP Automation Technology 80

CPA Practice

OCTOBER 11, 2023

With increasing corporate belt-tightening, finance leaders are focused on boosting the productivity of lean AP teams and taking measures to cut costs. The 2023 report includes responses from buyers and their vendors, presenting a complete view of the AP and payment automation landscape. “As

Finance 59

Finance AP Automation AP Processes Approval Workflows 59

CPA Practice

MARCH 27, 2023

While many of these disruptions will continue to present challenges for the foreseeable future, forward-thinking finance leaders can embrace technology and services that will not only help them overcome these issues, but also achieve more efficient and profitable operations. Many continue to recruit and even backfill for these roles.

AP Automation 114

AP Automation Technology accounts payable accounting and finance 114

PYMNTS

NOVEMBER 15, 2018

A new report from Software-as-a-Service (SaaS) firm Inspyrus suggested that chief executive officers and accounts payable (AP) professionals aren’t seeing eye to eye on AP technology, and organizations are failing to upgrade their AP processes and tools as a result.

accounts payable 63

accounts payable AP Automation AP Processes Technology 63

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

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. They also let finance departments work from any place where an internet connection is available. “By

AP Automation 76

AP Automation AP Processes Technology accounts payable 76

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

OCTOBER 21, 2020

With the new funding, Finexio is looking at continuing to streamline and optimize the last mile of the corporate accounts payable process. Finexio already has 400 customers and $4 billion in annual spending on AP processes. That enables finance teams to work faster and remove clunky manual processes.

accounts payable 95

accounts payable AP Processes Florida Hospitality 95

CPA Practice

MARCH 17, 2023

When they enter middle school, you’ll hear a few say they’ll go into accounting, but “I want to be a finance major and get an MBA” — not to mention becoming a Chief Financial Officer — just isn’t in their vocabulary. It is simply not in their wheelhouse, nor can they focus all their time and energy outside the areas of finance.

Technology 115

Technology accounting and finance Finance AP Processes 115

MineralTree

JUNE 1, 2023

Integrating QuickBooks with a compatible accounts payable automation software helps finance teams digitize their entire AP process. Understanding QuickBooks AP in its Standard Format QuickBooks is a popular accounting software that many small to mid-sized businesses use to manage their finances.

accounts payable 75

accounts payable quickbooks AP Automation AP Processes 75

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

PYMNTS

MAY 13, 2020

It also looks at how digital AP tools are helping corporate buyers get the data they need to streamline their invoice processing and speed up payments. Around The AP Automation World. For more on these and the rest of the latest AP automation headlines, download the Tracker. Find the full story in the Tracker.

AP Automation 79

AP Automation AP Processes Technology accounts payable 79

PYMNTS

DECEMBER 13, 2020

In October, Finexio raised $23 million in a funding round , which the company said it would put toward streamlining and optimizing the last mile of the corporate AP process.

B2B 97

B2B accounts payable AP Processes Florida 97

PYMNTS

DECEMBER 28, 2020

Further, Nacha said, the survey revealed AP professionals are facing increasing fraud attempts that target AP processes specifically. While current fraud tools are helpful, there is no systemic or automated option for accomplishing this," Nacha warned.

B2B 116

B2B accounts payable AP Processes accounting and finance 116

MineralTree

OCTOBER 19, 2023

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

accounts payable 75

accounts payable AP Automation AP Processes Approval Workflows 75

PYMNTS

DECEMBER 15, 2020

Because consumer transactions continue to rely on cash, the accounts receivable (AR) and accounts payable (AP) processes within the supply chain can be fragmented. The B2B transaction itself continues to face significant friction, thanks to the legal complexities at the state and federal level.

Legal 111

Legal B2B AP Processes accounts payable 111

MineralTree

FEBRUARY 1, 2024

Yet, it also underscored the critical role that AP plays in enabling prompt vendor payments and strengthening relationships to keep goods and services flowing during supply chain volatility. MineralTree recently surveyed more than 800 finance professionals and over 200 of their vendors for the State of AP Report.

accounts payable 74

accounts payable AP Automation AP Processes Account 74

Accounting Insight

JANUARY 8, 2024

The rise of invoice fraud will prompt closer collaboration between finance and security teams. 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.

accounts payable 105

accounts payable B2C Technology accounting and finance 105

PYMNTS

JUNE 24, 2020

One fact has clearly surfaced in the interval between pandemic lockdowns and phased reopenings, and it’s this: accounts payable (AP) can’t cut it manually anymore. AP automation’s time is now, but it’s not a one-size-fits-all proposition. Much of the new reality comes down to the accessibility issue, as Wardwell observed.

AP Automation 95

AP Automation Technology Account accountant 95

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. We knew we’d eventually have to move to NetSuite,” said Steve Goden, SVP of Finance and Operations.

accounts payable 70

accounts payable quickbooks AP Automation AP Processes 70

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

MineralTree

JANUARY 25, 2024

The past year in finance was riddled with economic uncertainty, accompanied by challenges like staffing constraints and the need to optimize efficiency with limited resources. For finance professionals, understanding this landscape is crucial. In these hybrid environments, automated AP processes become even more critical.

accounts payable 69

accounts payable AP Automation AP Processes Account 69

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

MineralTree

MARCH 16, 2023

For example, many businesses incorporate AP automation , e-invoicing, and other digital tools to quickly gain an edge over their competitors. Offloading and outsourcing AP tasks to avoid retraining teams or hiring more staff is another method used by finance teams to modernize their back office.

AP Automation 88

AP Automation accounts payable Technology Accounts Payable Automation 88

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

PYMNTS

DECEMBER 3, 2020

Kofax's solutions, the release stated, help to boost the speed and ease of processing financial documents and data, including automation of time-consuming manual work and easy ways to connect financial systems. The new solutions will go further toward transforming AP processes with automation.

accounts payable 69

accounts payable AP Processes Account accountant 69

MineralTree

DECEMBER 7, 2023

In addition to meeting supplier expectations, choosing the right payment method can significantly improve the finance department’s efficiency and productivity. In fact, 60% of finance leaders say ease of use is the main driver for their organization’s supplier payment method.

AP Automation 79

AP Automation accounts payable AP Processes accounting and finance 79

PYMNTS

AUGUST 3, 2020

“In 68 percent of the cases, we have provided payments to the farmers well in advance of receiving cocoa beans, which essentially means we’re giving them zero percent interest loans to finance the harvesting and post-harvest process,” he said. Providing convenient payments to rural suppliers in developing economies as well as U.S.-based

AP Processes 81

AP Processes accounts payable Missouri B2B 81

PYMNTS

AUGUST 12, 2020

Finance administrators and project managers both benefit from automation of the accounts payable process. Finance administrators have less work because manual signatures aren’t required, paper files are taken out of the equation and invoice data can be searched.

AP Automation 69

AP Automation Construction Technology accounts payable 69

MineralTree

NOVEMBER 9, 2023

By centralizing data and streamlining processes, ERP systems help organizations manage various aspects of their business, ultimately enhancing data, management, process optimization, and overall productivity from finances to human resources. More information on each of our ERP integrations can be found here.

AP Processes 72

AP Processes AP Automation Approval Workflows NetSuite 72

PYMNTS

JANUARY 27, 2021

Check, according to the release, can help by reducing risk and friction in the payroll process, making it easier to navigate. According to PYMNTS , while many finance teams might have been unprepared for the digital shift that came with the pandemic, they’re catching up quickly.

payroll 71

payroll AP Processes accounts payable accounting and finance 71

MineralTree

DECEMBER 14, 2023

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. As a result, finance teams increase efficiency , while reducing manual tasks. As a result, they partnered with MineralTree to streamline their entire AP process.

accounts payable 66

accounts payable AP Processes accounting and finance AP Automation 66

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