Lockstep

JUNE 15, 2022

For B2B businesses, credit management is essential for accounts receivable (AR) management success. Your credit plan should cover rules, regulations, and procedures to manage daily operations, approval workflow, and resources. Workflow diagrams are useful for mapping out communications and inter-departmental relationships. .

Approval Workflows 91

Approval Workflows B2B Sales accounted 91

PYMNTS

JANUARY 30, 2019

Most companies — especially those prone to payments innovation — believe automating their B2B operations can provide a host of benefits. In fact, 84 percent of them said B2B automation can reduce errors, 81 percent said it can reduce their costs and 70 percent said it can reduce the drain on employee resources, to name just a few.

AP Automation 62

AP Automation Technology Accounts Payable Automation accounts payable 62

PYMNTS

MAY 20, 2020

FinTech software vendor IntegriDATA has announced a new integration between its CashWire system and Workday Financial Management, which the company says will help to speed up B2B payments by allowing the automatic generation of wire transfers.

Approval Workflows 58

Approval Workflows B2B account management accounting manager 58

PYMNTS

OCTOBER 21, 2020

The idea is to assist SMBs manage everything that is connected to spend in one platform that will allow them to manage expenditures in addition to creating request-approval workflows as well as tailored spend restrictions, among other features. Coupa Connects With American Express For B2B Virtual Card Payments.

Approval Workflows 52

Approval Workflows B2B accounting and finance Technology 52

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

PYMNTS

MARCH 22, 2016

Accounts payable and B2B payments automation firm MineralTree is taking new paths to spread the seed of its solution. MineralTree’s solutions fill a huge technology gap, as simple bill pay solutions cannot handle the complexities of multi-entity businesses and approval workflows.”.

Approval Workflows 40

Approval Workflows accounts payable B2B Technology 40

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

PYMNTS

AUGUST 9, 2020

CHAMPS members will be able to access benefits like ordering controls via increased compliance with contracts, electronic order approval workflows and more transparency for any purchase, with the adoption of a P2P system enabling more automation and cost containment benefits.

AP Automation 58

AP Automation Approval Workflows audit B2B 58

CPA Practice

OCTOBER 11, 2023

“As businesses continue to face a number of challenges and pressures, finance teams are being tasked with finding new ways to drive operating efficiencies and get more control over cash flow,” said Brian Greehan, head of B2B Solutions for Global Payments. “In

Finance 59

Finance AP Automation AP Processes Approval Workflows 59

PYMNTS

APRIL 19, 2020

Companies using TravelBank have access to the company’s tools to automate expense reports, provide detailed insights into what is being spent, and optimize approvals with one tap. Also, multi-level approval workflows can be implemented to help keep the stress off those in charge of the systems.

Expense Management 56

Expense Management Approval Workflows B2B 56

MineralTree

JUNE 1, 2023

In its standard configuration, QuickBooks AP requires a lot of manual effort, lacking automation and approval workflows. It offers a range of features that support bookkeeping, financial reporting, and inventory management, but its accounts payable (AP) functionality is relatively bare-bones.

accounts payable 75

accounts payable quickbooks AP Automation AP Processes 75

PYMNTS

OCTOBER 15, 2020

Singaporean FinTech Finaxar has announced the launch of its Flex by Finaxar program, which will work with Visa to help small- to medium-sized businesses (SMBs) unify spend, payables and receivables, according to a press release.

Spend Management 52

Spend Management Approval Workflows Spend Management Solutions Finance 52

MineralTree

FEBRUARY 29, 2024

In terms of payment types, QuickBooks offers basic ACH and credit card support for B2B payments through QuickBooks Online Bill Pay. 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

CPA Practice

AUGUST 28, 2024

Forwardly Forwardly exemplifies innovation in accounting as the first B2B real-time payment solution in the USA, transforming financial management for small businesses and accounting professionals. By automating routine tasks, Forwardly empowers accountants to transition from bookkeeping to higher-value tasks.

Technology 124

Technology accounting firms accountant accounted 124

PYMNTS

JUNE 1, 2016

“We give employees full freedom to get their job done, while allowing tight control on all spending through automated approval workflows,” said Spendest CEO Rodolphe Ardant in a statement. “Payments are one click away, but always in the hands of the CFOs.

Approval Workflows 40

Approval Workflows Expense Management Maine B2B 40

SchoolofBookkeeping

FEBRUARY 2, 2024

FIFO/LIFO - Accounting for the costs of Inventory items on a first in/first out (FIF)) or Last in/First Out (LIFO) basis B2B/B2C - Many businesses will have other businesses as their customers, not only direct to consumer. This adds additional concerns like customer specific pricing and online ordering portals as an option.

quickbooks 52

quickbooks E-commerce Manufacturing Approval Workflows 52

PYMNTS

NOVEMBER 13, 2019

“Buyer companies need to be able to convert the data within those documents into a digitized workflow, where they can review, approve and better understand the related impact to their cash flows,” he said.

AP Automation 46

AP Automation Technology accounts payable Accounts Payable Automation 46

PYMNTS

JUNE 30, 2016

While the majority of businesses surveyed (68 percent) said they currently use electronic strategies like document imaging and scanning, and more than half already use automated approval workflow and automated data capture, there are a flurry of automated tools that have yet to enter the AP department.

accounts payable 41

accounts payable AP Automation Approval Workflows accounting and finance 41

Withum

MARCH 11, 2025

The company made the decision to implement NetSuite to manage its finances and operations, integrate E-Commerce (B2C and B2B) and Amazon with NetSuite, improve inventory management and consolidate its technology stack. The Solution One of the essential goals of the project was to integrate E-Commerce (B2C and B2B) and Amazon into NetSuite.

NetSuite 52

NetSuite Manufacturing Finance E-commerce 52