Ryan Lazanis

APRIL 4, 2022

Want all the information you need about accounts payable workflow automation? In this article, you’ll learn: What accounts payable automation is. 11 different benefits of automating this process. The best tools to automate A/P. How to specifically automate A/P. What is Accounts Payable Workflow Automation.

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accounts payable Technology Accounts Payable Automation AP Automation 96

PYMNTS

DECEMBER 31, 2019

The following Deep Dive further explores how paper-based methods can result in processing delays and how new, cutting-edge payment innovations can drive accounts payable (AP) automation. Manual processing challenges. Manual AP processing can also give rise to other inefficiencies.

AP Processes 61

AP Processes AP Automation Technology accounts payable 61

PYMNTS

APRIL 14, 2020

Legacy accounts receivable (AR) and accounts payable (AP) operations aren’t only inefficient, they’re costly. PYMNTS’ latest The Optimizing AP and AR Playbook , a collaboration with OnPay Solutions, found that businesses in the U.S. Digitizing AR and AP can help eliminate those unnecessary costs.

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AP Processes B2B Technology accounts payable 78

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.

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Technology AP Processes Indiana CPA 80

MineralTree

JANUARY 11, 2024

However, accounts payable (AP) automation can make electronic payments in ERP systems , like Netsuite, much easier. AP automation technology enables streamlined and error-free payment processing while maximizing the potential of NetSuite electronic payments and accelerating ROI.

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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.

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AP Automation accounts payable Technology Accounts Payable Automation 88

PYMNTS

SEPTEMBER 26, 2019

Automation sounds like the way to go, but according to Cindy O‘Neill, president of Priority Commercial Payments, many companies misunderstand what AP automation actually means. In fact, AP automation doesn’t necessarily entail the actual payment of invoices. “AP The whole process takes an average of 11.6

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AP Processes Technology AP Automation B2B 50

PYMNTS

OCTOBER 29, 2018

Accounts payable (AP) automation certainly has the potential to transform the invoice-to-pay process by allowing employees to turn their attention from monotonous, manual tasks to more value-added ones. Transforming AP departments in this way, though, is no straight-forward task — for more reasons than one.

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Technology AP Automation B2B accounts payable 73

CPA Practice

MARCH 17, 2023

The lines are blurring Today’s companies face ballooning challenges like inflation, supply chain disruption, digital transformation and automation initiatives, and even staffing shortages — all of which affect the bottom line in their ways. Technology is the apparent direction in which to look. That should come as no surprise.

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Technology accounting and finance Finance AP Processes 115

Airbase

JANUARY 11, 2023

Our SaaS customers frequently comment on the irony of companies that develop cutting-edge technology that are continuing to rely on disjointed and archaic finance tech stacks. It’s not surprising, therefore, that up-to-date technology can improve employee job satisfaction.

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Technology Spend Management Platform accounting and finance Expense Reimbursements 130

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.

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AP Processes Technology accounts payable audit 93

PYMNTS

AUGUST 28, 2019

Accounts payable automation company AvidXchange is strengthening its position in the banking and financial services sector through the acquisition of BankTEL, the company said Tuesday (Aug. AvidXchange has reached an agreement to acquire BankTEL Systems, which provides accounting technology to banks.

AP Processes 59

AP Processes accounts payable Accounts Payable Automation Technology 59

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.

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AP Automation E-commerce AP Processes accounts payable 96

PYMNTS

OCTOBER 1, 2020

At a high level, said Disque, the embrace of automated accounts payable (AP) processes has been consistent across verticals. CSI, he noted, has insight into a number of industries, where the payment processing platform (focused on integrated payables) aggregates and accepts payments on behalf of a wide range of businesses.

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AP Automation Technology AP Processes Hospitality 77

PYMNTS

AUGUST 12, 2020

Palette Software unveiled accounts payable (AP) automation technology that is designed for firms in the construction and engineering industries and run on the cloud, according to an announcement. Finance administrators and project managers both benefit from automation of the accounts payable process.

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AP Automation Construction Technology accounts payable 69

CPA Practice

MAY 2, 2024

Hosts Randy Johnston and Brian Tankersley, CPA, look at Datamatics , a digital technologies, operations, and experiences company that enables hundreds of global enterprises to go “Deep in Digital” to enhance their productivity and customer experience to create a sustainable competitive advantage. I just updated it.

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Technology accountant accounted Account 105

PYMNTS

JANUARY 31, 2021

OnPay Solutions , which works in accounts payable (AP) automation, has struck a partnership with business innovation intelligence platform CapX to offer new supplier payment automation for clients, according to a press release.

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AP Automation Technology Accounts Payable Automation accounts payable 67

MineralTree

JANUARY 12, 2023

What are Automated Invoice Payments? Automated invoice payments for businesses refer to when a company digitizes the way they pay their vendors. Automated payments help accounts payable (AP) teams quickly pay suppliers and process invoices by streamlining manual, convoluted AP workflows.

Technology 80

Technology AP Automation AP Processes Approval Workflows 80

PYMNTS

JUNE 24, 2020

AP automation’s time is now, but it’s not a one-size-fits-all proposition. Businesses that recognize the value of modernizing their AP processes must still determine how best to acquire and implement these solutions,” according to the June 2020 Next-Gen AP Automation Tracker® done in collaboration with Bottomline Technologies.

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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.

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accounts payable AP Processes AP Automation Technology 80

PYMNTS

AUGUST 17, 2020

And operations still using manual accounts payable (AP) methods are really rethinking things. “A A recent survey found that 38 percent of companies reported implementing AP automations this year, a greater share than the 24 percent who said the same in 2019. Doing More With Less. Reassuring Signals And Positive Attitudes.

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AP Automation Technology AP Processes accounts payable 61

PYMNTS

DECEMBER 18, 2020

financial executives found that 91 percent were investing in financial technologies intended to help with newly remote operations. The firms were especially interested in deploying automated and advanced learning technologies. percent were considering or currently spending on AP and AR automation.

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Technology AP Processes accounts payable B2B 64

PYMNTS

NOVEMBER 2, 2020

Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. The connection will let firms that have invested in Aptean digitize their AP processes with Palette's offering. 2) announcement.

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AP Automation Technology Approval Workflows AP Processes 56

PYMNTS

NOVEMBER 21, 2018

With pressure mounting for the enterprise to digitize, accounts payable automation is seen as a crucial part of achieving greater efficiency, cost savings, visibility into spend and strengthening of vendor relationships, to name a few benefits. But going it alone can quickly overwhelm a business. “It’s born digital. .”

Technology 63

Technology AP Automation accounts payable Accounts Payable Automation 63

PYMNTS

DECEMBER 16, 2020

As FinTechs and other financial service providers drive commercial card adoption, virtual card technology becomes an increasingly popular focus of innovation initiatives, particularly as corporates demand solutions to support a remote workforce. Further, 63 percent of employees say they take responsibility for filing their own expenses.

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Expense Management Technology accounts payable AP Processes 114

PYMNTS

FEBRUARY 24, 2020

For the accounts payable (AP) and enterprise resource planning (ERP) automation space, it’s no longer business as usual. Firms looking to strengthen their interactions with customers and vendors by adopting comprehensive, automated AP and ERP solutions are increasingly turning to cloud-based products in lieu of on-premises systems.

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AP Automation Technology accounts payable AP Processes 89

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.

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AP Automation AP Processes Technology accounts payable 76

PYMNTS

JULY 30, 2020

The company’s collection of AI bots for the AP process now include bots for cost allocation, fraud detection, invoice reading and inbox managing. Its technology also includes a supplier portal and an eInvoicing offering.

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AP Automation Technology accounts payable AP Processes 60

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. Opportunities ahead The prospects for 2023 are bright.

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AP Automation Technology accounts payable accounting and finance 114

CPA Practice

SEPTEMBER 23, 2024

Global automation platform provider Quadient has been recognized as a Technology Leader in the “SPARK Matrix: Accounts Payable Automation” report, a detailed analysis of the accounts payable (AP) automation market by independent analyst firm QKS Group.

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AP Automation Technology Accounts Payable Automation accounts payable 52

PYMNTS

MAY 13, 2020

This month’s Next-Gen AP Automation Tracker ® examines how AP tools are smoothing B2B transactions and helping companies to better weather the economic downturn. 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.

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AP Automation AP Processes Technology accounts payable 79

Accounting Seed

FEBRUARY 6, 2024

[February 6, 2024] — Accounting Seed , the #1 accounting solution built on the Salesforce Platform, unveiled its first product offering of the new year, AP (Accounts Payable) Automation. AP Automation is the answer to the market’s desire for truly embedded finance,” said Ryan Sieve, chief technology officer at Accounting Seed. “We

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AP Automation Technology AP Processes Accounts Payable Automation 59

PYMNTS

DECEMBER 15, 2020

The push toward modernization does not stop at fund transfers, either, and companies are adopting digital supports to help them more smoothly and rapidly process invoices. Around The Digital AP Landscape. More businesses appear to be embracing AP digitizations during the pandemic. Get the scoop in the Report. About The Report.

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Healthcare B2B Technology accounts payable 107

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.

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accounts payable AP Automation AP Processes Approval Workflows 75

PYMNTS

MARCH 19, 2020

Such technology can also help companies keep up with competitors by eliminating frictions throughout the AP process involving onboarding vendors and tracking payments. Cash flow and AP automation innovation. How is their future AP going to play into that?’”.

Technology 52

Technology AP Automation AP Processes general ledger 52

MineralTree

SEPTEMBER 28, 2023

Digital transformation , the process of integrating advanced technology and innovative solutions, allows finance teams to streamline and automate time-consuming tasks so they can improve productivity and focus on more strategic, value-adding activities. This holds especially true in today’s economy. per invoice on average.

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Finance AP Automation AP Processes Technology 78

Airbase

FEBRUARY 23, 2023

But organizations can overcome those difficulties and position themselves to grow and thrive — with the help of the right technology. A PwC study found that 80% of companies with highly digitized procurement processes were able to create value from the data created by their P2P solutions. What is P2P software?

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