Accounting Insight

JUNE 26, 2024

Dext is bringing its three products into a single Bookkeeping Automation platform and will release new features to automate employee expenses, simplify approval workflows and more. Dext will then automatically calculate the amount that should be reimbursed based on legislative requirements or custom information.

bookkeeping 64

bookkeeping Technology Approval Workflows accounting and finance 64

MineralTree

SEPTEMBER 7, 2023

But in today’s increasingly digital business world, many AP teams are turning to automation to enhance their workflows — and the invoice approval process is no exception. The Typical Invoice Approval Workflow Traditional invoice approval workflows are tedious and time-consuming.

Approval Workflows 77

Approval Workflows AP Processes Technology quickbooks 77

CPA Practice

NOVEMBER 14, 2023

Approval Workflows: Soon, Advanced customers will have access to expanded approval workflows capabilities, helping business owners enforce compliance and organizational policies in an automated way.

quickbooks 119

quickbooks E-commerce Approval Workflows accounted 119

Airbase

FEBRUARY 23, 2023

Approval workflows: Customizable approval workflows ensure that the appropriate individuals approve POs and invoices before payment is made.

Approval Workflows 130

Approval Workflows Technology general ledger 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. Over time, invoice automation systems have become increasingly sophisticated and now include a wide range of features, such as: Electronic invoicing. 3-way matching.

Technology 130

Technology Approval Workflows NetSuite Spend Management 130

CPA Practice

AUGUST 7, 2023

Administrators can set up approval workflows and custom rules, providing structure for employees and simplifying the reconciliation process for accountants. Expenses consolidates tools and minimizes the risk of error when reimbursing employees for out of pocket expenses.

Expense Management 94

Expense Management Expense Reimbursements Approval Workflows payroll 94

CPA Practice

JULY 24, 2023

Administrators can set up approval workflows and custom rules, providing structure for employees and simplifying the reconciliation process for accountants. Expenses consolidates tools and minimizes the risk of error when reimbursing employees for out of pocket expenses.

Expense Management 94

Expense Management Expense Reimbursements Approval Workflows payroll 94

Xero

AUGUST 29, 2023

While there is technically an audit trail when the review and approval expenses take place via email, getting access to these sources of information can be a completely different story. There also needs to be a clear approval workflow outlined for employees.

Approval Workflows 83

Approval Workflows general ledger Expense Management audit 83

Airbase

OCTOBER 25, 2023

IDC recognizes the importance of this new approach: “Guided procurement applications provide an inviting approval workflow that is easily understood by all stakeholders in the approval chain. It is immediately obvious where the action lies, and parallel approvals are supported.

AP Automation 130

AP Automation accounts payable Approval Workflows Technology 130

Dent Moses

APRIL 3, 2024

Tools like Ramp, Expensify, and Zoho Expense offer features like receipt scanning, automated approval workflows, and real-time tracking. Modern accounting software can automate these processes, providing a seamless experience for both employees and finance teams. However, selecting the right software can be overwhelming.

Expense Reimbursements 52

Expense Reimbursements Technology Approval Workflows accounting and finance 52

Dent Moses

APRIL 1, 2024

Tools like Ramp, Expensify, and Zoho Expense offer features like receipt scanning, automated approval workflows, and real-time tracking. Modern accounting software can automate these processes, providing a seamless experience for both employees and finance teams. However, selecting the right software can be overwhelming.

Expense Reimbursements 52

Expense Reimbursements Technology Approval Workflows accounting and finance 52

Lockstep

JANUARY 17, 2023

We have enhanced the approval process, adding in several requested features, making your job a lot easier. Improved approval email. Approval processes have been simplified for everyone thanks to the enhancements Lockstep Inbox has implemented in its approval workflow. Multi-level approval workflow.

Approval Workflows 85

Approval Workflows accounted Account accountant 85

Airbase

NOVEMBER 15, 2023

Modern solutions increasingly take a more holistic approach and automate many pre-accounting tasks, like approval workflows and securing receipts and contracts. 2) Intake workflows for multi-stakeholder compliance. This insures that the full invoice approval process is followed before payment and booking occurs.

AP Automation 130

AP Automation Technology accounts payable Accounts Payable Automation 130

MineralTree

NOVEMBER 30, 2023

Make It Easier to Approve Invoices Efficient invoice approval workflows are essential for preventing bottlenecks and simplifying financial operations. 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

Airbase

MAY 15, 2023

As companies grow, the number of stakeholders in the purchasing process increases, which makes approval workflows and oversight responsibilities more complex. Airbase’s Guided Procurement module solves these problems by adding greater visibility into, and control over, all purchasing requests.

Approval Workflows 130

Approval Workflows Legal audit accounts payable 130

Lockstep

JANUARY 25, 2023

Single Approver / Single Request Updates Approval processes have been simplified for everyone thanks to the enhancements Lockstep Inbox has implemented in its approval workflow. Approval Activities – Request Cancellation Approval processes can be complicated, daunting, and slow.

Approval Workflows 52

Approval Workflows accounted Account accountant 52

MineralTree

OCTOBER 19, 2023

These solutions offer a wide range of features and capabilities aimed at simplifying invoice handling, approval workflows, payment processing, and vendor management. In its standard configuration, QuickBooks AP requires extensive manual effort and lacks automation and approval workflows.

accounts payable 75

accounts payable AP Automation AP Processes Approval Workflows 75

Xero

JULY 11, 2022

Please note: there are no changes to the approval workflow for team manager roles processing timesheets for payruns on web or mobile. . You’ll not only have visibility of the start, end and unpaid break times entered by employees, but you’ll also be able to easily view any employee notes added to time entries, for easy communication.

Approval Workflows 111

Approval Workflows payroll 111

CPA Practice

AUGUST 26, 2024

Accounts Payable automation can streamline data extraction, approval workflows, and automatic payment scheduling based on due dates. Chief among the uses for automation in accounting are functions like accounts payable, accounts receivable, and spend & expense management.

Technology 115

Technology accounted Account accountant 115

Airbase

MAY 12, 2023

When approval workflows are built into every purchase, a complete record is dynamically created for every transaction. A guided intake process proactively prevents problems with missing vendor information by collecting it up front. And, with a rule-based methodology, the system can prompt employees for missing receipts.

Approval Workflows 130

Approval Workflows Modern Spend Management Legal Spend Management Platform 130

PYMNTS

NOVEMBER 2, 2020

To automate AP workflows, Palette's AP Automation for Aptean harnesses robotic process automation (RPA). The intuitive dashboard of Palette offers a full summary of vendor invoices as well as their status in the approval workflow in addition to outstanding payables.

AP Automation 56

AP Automation Technology Approval Workflows AP Processes 56

CPA Practice

DECEMBER 17, 2023

For those who have begun, the most digitized AP task is invoice approval/workflows (71%), followed by invoice data capture and coding (66%), payment execution (58%) and payment authorization (58%), among others. And they report substantial benefits as a result: 85% have realized efficiency gains.

AP Automation 132

AP Automation Finance AP Processes Approval Workflows 132

CPA Practice

NOVEMBER 14, 2023

For a limited time, QuickBooks is also giving businesses 50% off the monthly base price for QuickBooks Bill Pay (Premium or Elite) for the first three months of service, starting from the date of enrollment.

quickbooks 111

quickbooks AP Automation Accounts Payable Automation Approval Workflows 111

Airbase

JUNE 30, 2023

To assess travel plans for their environmental impact, you can customize a virtual card approval workflow to include a Sustainability milestone with specific fields. NetSuite users can reimburse employees from foreign subsidiaries in their local currencies.

NetSuite 130

NetSuite Expense Management Approval Workflows accounting and finance 130

CPA Practice

SEPTEMBER 5, 2024

Expense management: Proactively request, approve, and reconcile expenses via web or mobile app with real-time reimbursements. Corporate cards: Provision and deprovision “smart” physical and virtual cards with pre-built spend controls and approval workflows.

Procure to Pay Platform 52

Procure to Pay Platform Accounts Payable Automation Spend Management Platform Approval Workflows 52

Airbase

NOVEMBER 2, 2023

But the software behind the transaction creates the magic, and in Airbase, it comes down to the workflows. When an employee needs a virtual card, the card request is routed through a configurable approval workflow before the money is spent.

accounts payable 130

accounts payable accounted Account accountant 130

Airbase

MARCH 31, 2023

The customizable approval workflows and policies are extremely user-friendly/configurable to help meet our stakeholders’ and compliance requirements.” It seems they value our feedback and want to put our requested updates in their product roadmap.” Meets requirements: 95 Airbase users give us top marks. “The

AP Automation 130

AP Automation Spend Management Spend Management Platform Approval Workflows 130

CPA Practice

OCTOBER 25, 2023

Key benefits of purchase order automation capabilities from BILL for QuickBooks Desktop include: Enhanced Control and Visibility: Customers can compare PO, item receipt, and invoice details on one screen, then quickly match and send bills into an automatic approval workflow to reduce potential fraud or payment errors.

quickbooks 59

quickbooks AP Processes Approval Workflows Technology 59

Airbase

APRIL 18, 2023

Airbase’s approval workflows have always routed requests to the appropriate spend approvers, but now additional stakeholders can maintain oversight and participate in approvals without ever leaving the software environments they rely on. IT teams might use Jira and OneTrust, legal teams might use Ironclad and DocuSign.

Modern Spend Management 130

Modern Spend Management Spend Management Approval Workflows audit 130

Withum

JULY 11, 2023

Define roles and responsibilities, approval workflows, data management practices security standards and compliance requirements.

Government 40

Government Approval Workflows 40

MineralTree

AUGUST 24, 2023

Add an Automated Approval Workflow The lack of an integrated approval workflow and limited number of user licenses in QuickBooks often requires manual approvals via email.

accounts payable 70

accounts payable quickbooks AP Automation AP Processes 70

PYMNTS

AUGUST 12, 2020

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. 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

OCTOBER 26, 2023

These point solutions can include, but are not limited to the following: Invoice Approval Manual invoice approval workflows can be time consuming to manage. However, these targeted solutions do not provide end-to-end automation.

AP Automation 76

AP Automation Technology AP Processes accounts payable 76

Accounting Insight

MAY 26, 2023

Duplicate flagging and bank check feature: This automatically alerts the user to any duplicate bills that may already be in their approval workflow so an invoice is not paid twice. The bank check feature ensures details on the supplier invoice are correct, keeping users safe from paying fraudulent invoices.

Accounts Payable Automation 72

Accounts Payable Automation Technology accounts payable accounted 72

PYMNTS

DECEMBER 6, 2020

Procurement Partners also recently worked with CHAMPS Group Purchasing to let CHAMPS members access things such as ordering controls with more compliance with contracts, electronic order approval workflows and higher levels of transparency, which can result in savings of 10 percent or more, PYMNTS writes.

Technology 60

Technology Approval Workflows Healthcare audit 60

MineralTree

NOVEMBER 9, 2023

Features like automated invoice processing and payment approval workflows streamline AP processes both in a top-level or entity-level structure. QuickBooks MineralTree’s integration with QuickBooks streamlines the AP process by automating invoice capture , approval workflows , and payment processing.

AP Processes 72

AP Processes AP Automation Approval Workflows NetSuite 72

Lockstep

JUNE 15, 2022

Your credit plan should cover rules, regulations, and procedures to manage daily operations, approval workflow, and resources. The first step toward improving credit and collections is to develop a formal policy (your credit plan). Your credit plan should include a mission statement or well-defined company goal. .

Approval Workflows 90

Approval Workflows B2B Sales accounted 90