Airbase

MAY 12, 2023

Compliance also requires detailed information about all spending, which is essential in the event of an audit. Configurable, automated workflows drive processes like routing, documenting, approving, and reminding. And a complete audit trail is automatically created for easy reference. That includes: The initial request.

Approval Workflows 130

Approval Workflows Modern Spend Management Legal Spend Management Platform 130

Airbase

NOVEMBER 15, 2023

7) Audit trail transparency. Modern solutions increasingly take a more holistic approach and automate many pre-accounting tasks, like approval workflows and securing receipts and contracts. Audit trails for complete visibility and real-time monitoring. 7) Audit trail transparency. 4) Payment cycles.

AP Automation 130

AP Automation Technology accounts payable Accounts Payable Automation 130

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 accountant accounted Account 115

CPA Practice

AUGUST 28, 2024

Fieldguide Insights Fieldguide, the AI platform for audit and advisory firms, recently launched Fielguide Insights, the first end-to-end analytics solution for CPA and consulting firm leaders. 2024 Award Finalists AuditFile Advanced AI The company that was first to bring audits into the cloud continues innovating by bringing AI into audits.

Technology 124

Technology accounting firms accountant accounted 124

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. Virtual cards also create an automatic audit trail. Enhanced cost savings.

accounts payable 130

accounts payable accountant accounted Account 130

Airbase

NOVEMBER 29, 2023

8) Streamlined workflow configuration. Assessment and mapping: Integration with financial systems: Document capture and validation: Exception handling: Mobile accessibility: Real-time notifications: Audit trails and reporting: Integration with payment systems: Continuous improvement: Early -payment discounts: 9) Leverage real-time analytics.

AP Automation 130

AP Automation Technology accounts payable AP Processes 130

MineralTree

NOVEMBER 30, 2023

As a result, you ensure better cash flow forecasting and improved month-end close , auditing, and compliance. Make It Easier to Approve Invoices Efficient invoice approval workflows are essential for preventing bottlenecks and simplifying financial operations.

Finance 91

Finance AP Automation Approval Workflows Technology 91

Airbase

NOVEMBER 1, 2023

With Airbase, the system enforces compliance with automated approval workflows. In Airbase, all supporting documentation, including any email conversations sent with the invoice, is stored in the transaction file, ultimately streamlining financial operations and improving compliance in the event of an audit.

Expense Management 130

Expense Management Technology NetSuite Spend Management 130

Airbase

NOVEMBER 1, 2023

With Airbase, the system enforces compliance with automated approval workflows. In Airbase, all supporting documentation, including any email conversations sent with the invoice, is stored in the transaction file, ultimately streamlining financial operations and improving compliance in the event of an audit.

Expense Management 130

Expense Management Technology NetSuite Approval Workflows 130

Airbase

NOVEMBER 7, 2023

By incorporating standardized procedures, automated workflows, and predefined policy compliance checks, P2P mitigates the risk of non-compliance. Airbase automatically creates an airtight audit trail for every transaction, including approval records, receipts, and related documentation like contracts.

Technology 130

Technology Approval Workflows Spend Management Legal 130

PYMNTS

DECEMBER 6, 2020

Through 100 percent invoice integration, the service boasts improvements to savings, and offers a compliance audit feature that can help vendors cut spending.

Technology 60

Technology Approval Workflows Healthcare audit 60

PYMNTS

DECEMBER 26, 2018

“Blockchain will begin to emerge as a meaningful technology in use cases like auditing and approval workflows, where strict corporate processes must be adhered to for payment authorization. and exposing ‘money movement’ for what it really is: offsetting entries on both parties books.

Technology 80

Technology B2B Approval Workflows audit 80

PYMNTS

AUGUST 9, 2020

The service will “drive the efficiency of purchasing, invoicing and auditing for both members and suppliers of CHAMPS GPO,” the release says. CHAMPS Group Purchasing is partnering with Procurement Partners , which works in procure-to-pay (P2P) solutions, to provide a new service for suppliers, a press release says.

AP Automation 58

AP Automation Approval Workflows audit B2B 58

CPA Practice

MAY 22, 2024

Manual processes also make it challenging to maintain regulatory compliance and ensure proper documentation for audits. Automated AP solutions streamline approval processes with configurable workflows that route invoices to the appropriate team members based on predefined rules.

AP Processes 69

AP Processes Technology AP Automation accounts payable 69

Acterys

NOVEMBER 7, 2023

Advanced data governance features, such as audit trails, granular access controls and user rights management, can further enhance data consistency and security. This eliminates discrepancies and ensures that decision-makers have access to accurate and up-to-date information.

accounting and finance 130

accounting and finance Technology Approval Workflows Finance 130

Basis 365

AUGUST 21, 2024

With BILL, you can set up workflows where different team members are responsible for creating, approving, and paying invoices. This not only enforces SoD but also provides a clear audit trail for every transaction. Implement Approval Policies Establishing approval policies is another critical internal control.

accounts payable 59

accounts payable audit Approval Workflows bookkeeping 59

ThomsonReuters

APRIL 6, 2023

Accounts payable automation also generates an audit trail that can save significant time in the event of an audit. How to automate accounts payable Start by documenting your current accounts payable workflow. Ask several technology providers to demo the tool using your invoices.

Accounts Payable Automation 59

Accounts Payable Automation accounts payable Technology accountant 59

Accounting Insight

JANUARY 18, 2023

Make audit prep accurate, simple, and secure. As only from internal and external audits can we ensure accurate reporting and overall healthier corporate behaviour. Audits are not just on the accounting department’s shoulders. And that is a good thing. Simple queries pull together relevant information and deliver it digitally.

Technology 52

Technology Finance accounting and finance audit 52

Withum

JANUARY 15, 2024

Approval workflow automation and optimization resulted in fewer delays and bottlenecks, improved segregation of duties, better internal controls and a more robust audit trail. Significant enhancements in financial processes were achieved, particularly in accounts payable, cash management and fixed assets automation.

quickbooks 52

quickbooks Approval Workflows Non-Profits general ledger 52

Accounting Insight

FEBRUARY 16, 2023

The benefits of managing expenses via company cards powered by clever expense management software include the following: Employees pay with their card, which has the company’s expense policy built in via a mix of spend limits and approval workflows, meaning better compliance and more opportunities to save.

payroll 59

payroll Spend Management Solutions Expense Management accounting and finance 59

ThomsonReuters

APRIL 6, 2023

It can also mitigate risk by providing an audit trail. Review your data regularly Consistent visibility into your financial data provides insight into your company’s cash flow and helps to identify bottlenecks or trends in the account payable process.

accounts payable 52

accounts payable accountant accounted Account 52

MineralTree

FEBRUARY 29, 2024

This includes manual invoice receipt and verification, payment reconciliation, and even reporting and auditing, all of which eat away at valuable resources. Improve the invoice approval process QuickBooks Desktop lacks a built-in invoice approval workflow , necessitating the integration of additional services for this functionality.

AP Automation 52

AP Automation quickbooks Technology AP Processes 52

Snyder

DECEMBER 21, 2022

It offers an extensive set of features, including: One-click receipt scanning; Corporate card reconciliation; Multi-level approval workflows; Audit and compliance; PCI security; What-If Scenarios; Forecasting. Expensify integrates with QuickBooks, Xero, Sage, and other apps.

quickbooks 72

quickbooks E-commerce NetSuite accounting and finance 72

Acterys

DECEMBER 23, 2024

Simple Error Correction: Address data discrepancies or add missing values directly in Power BI, ensuring accuracy without complex workflows. Clear Approval Workflows: Integrate write-back with approval processes, enabling you to validate and lock in changes with a clear audit trail.

Approval Workflows 130

Approval Workflows Technology Maine Gaming 130