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. With Expenses, documentation and payment are centralized, saving time for everyone at the company,” Justworks said in a statement.

Expense Management 94

Expense Management Expense Reimbursements Approval Workflows payroll 94

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. When approval processes can be customized to accommodate complex approval chains through Airbase’s Guided Procurement, nobody is overlooked.

Approval Workflows 130

Approval Workflows Legal audit accounts payable 130

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.

accounts payable 130

accounts payable AP Automation Approval Workflows Technology 130

Xero

APRIL 16, 2023

Build new automated workflows Complex layers of approval processes can hold up your accounts payable and receivable, no matter how large your business is. These apps can help take away those manual workflows. Another great option is Lightyear , which focuses on automating Purchasing and Accounts Payable.

accounts payable 97

accounts payable Approval Workflows payroll Agriculture 97

Airbase

JUNE 30, 2023

Finance no longer has to chase down receipts since all documentation, including detailed invoices with all travel details, automatically syncs to Airbase. 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 130

NetSuite Expense Management Approval Workflows accounting and finance 130

Lockstep

JUNE 15, 2022

As such, the primary goal of a credit plan is to clearly define these elements so that employees adopt documented steps and procedures designed to improve all related business processes. . Your credit plan provides a documented roadmap aligning corporate goals with business processes.

Approval Workflows 91

Approval Workflows B2B Sales accounted 91

CPA Practice

AUGUST 26, 2024

Accounts Payable automation can streamline data extraction, approval workflows, and automatic payment scheduling based on due dates. Administrative work: AI can extract relevant information from financial documents and contracts, significantly reducing manual review time.

Technology 115

Technology Account accountant accounted 115

Airbase

APRIL 18, 2023

This includes guidance on what information and documents need to be collected and uploaded as required by various stakeholders — for example, SOC attestation or a W-9. Any employee, from anywhere in the world, who needs to spend company money can now rely on Airbase to direct them through the process. Meeting stakeholders where they live.

Modern Spend Management 130

Modern Spend Management Spend Management Approval Workflows audit 130

Lockstep

JANUARY 17, 2023

Approval Activity Improvements. If you’re like most accounting teams, you spend a lot of time managing approvals. Whether it’s AR or AP approvals, getting the right documents and signatures can be a tedious process. That’s why managing approvals within Lockstep Inbox is such an important feature.

Approval Workflows 87

Approval Workflows accounted Account accountant 87

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

MineralTree

NOVEMBER 30, 2023

Make It Easier to Approve Invoices Efficient invoice approval workflows are essential for preventing bottlenecks and simplifying financial operations. Invest in Paperless Processes Transitioning to a paperless AP process minimizes manual paperwork requirements and expedites document retrieval and approval cycles.

Finance 91

Finance AP Automation Approval Workflows Technology 91

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

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

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

PYMNTS

NOVEMBER 10, 2016

The company said Bill.com Connect also simplifies and automates end-to-end bill pay and invoicing processes with electronic documents, approval workflows, network-based collaboration with vendors and customers and synchronization with accounting systems. Bill.com Connect closes the gap.

Approval Workflows 63

Approval Workflows Technology Maine Gaming 63

Cherry Bekaert

MARCH 22, 2024

You can also generate invoices for easy subscription management and attach customer documents to transactions for better recordkeeping. Use Sage Intacct Purchasing to create structured, predefined transaction and purchase approval workflows that increase speed, accuracy and efficiency.

general ledger 115

general ledger accounts payable Technology accounting and finance 115

MineralTree

SEPTEMBER 28, 2023

Improve the Invoice Approval Workflow Traditional, email- and paper-driven invoice approval methods are burdensome for financial professionals and prohibit remote or hybrid working environments. They require document conversions, time-consuming follow-ups with decision-makers, and error-prone manual data entry.

Finance 78

Finance AP Automation AP Processes Technology 78

MineralTree

FEBRUARY 15, 2024

From refining invoice approval workflows to embracing the digital shift, each step is a stride toward efficiency and precision. Refine AP documentation processes Proper documentation is essential for AP teams because it ensures all financial transactions are accurately recorded and accounted for. Did you know?

AP Automation 78

AP Automation accounts payable Technology accounting and finance 78

MineralTree

NOVEMBER 2, 2023

This involves scrutinizing invoices, payments, and supporting documentation to ensure they comply with internal policies and external regulations. Make sure you’re following documented procedures consistently throughout the year. It involves evaluating the risk associated with vendor information, invoices, and other documents.

accounts payable 81

accounts payable audit AP Automation auditor 81

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. Missing documents are instantly flagged, and Lightyear emails the supplier for a copy.

Accounts Payable Automation 72

Accounts Payable Automation Technology accounts payable Account 72

Accounting Insight

APRIL 26, 2023

Do staff have to go back and forth via email to request documents or save files into your folders from another source? If so, you should be looking for a cleaner workflow. In SuiteFiles , accountants can request files from their clients which automatically save in to their folder structure. How about document approvals?

Approval Workflows 59

Approval Workflows Start-ups accounted Account 59

Lockstep

JANUARY 25, 2023

These enhanced features, included in the free application are designed to save you hours of manual processes every week, while enabling you to better collaborate across your accounting workflows. Approval Activity Improvements If you’re like most accounting teams, you spend a lot of time managing approvals.

Approval Workflows 52

Approval Workflows accounted Account accountant 52

CPA Practice

MAY 22, 2024

Manual processes also make it challenging to maintain regulatory compliance and ensure proper documentation for audits. STP allows invoices that meet certain criteria to be automatically processed and approved without manual intervention, further streamlining the AP workflow.

AP Processes 69

AP Processes Technology AP Automation accounts payable 69

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

CPA Practice

AUGUST 28, 2024

Our customizable payment approval workflow feature enhances control and oversight of payments and is free, potentially saving accountants hundreds of dollars per year when switching from costly approval tools. What sets Instead apart is its AI documentation capabilities. Instead is truly innovating how taxes are done.

Technology 124

Technology accounting firms Account accountant 124

MineralTree

AUGUST 24, 2023

With QuickBooks Online, MineralTree can also push captured invoice PDFs and additional documentation, ensuring the software retains all necessary records for digital archiving. Payments made within QuickBooks automatically sync with the AP automation software, and vice versa, which ensures accuracy across the board.

accounts payable 70

accounts payable quickbooks AP Automation AP Processes 70

ThomsonReuters

APRIL 6, 2023

It also enables automatic three-way matching, expense coding, and adherence to Generally Accepted Accounting Principles (GAAP). With smarter approval workflows and simplified vendor onboarding, you can solidify vendor and supplier relationships and optimize data for enhanced financial analysis and reporting.

Accounts Payable Automation 59

Accounts Payable Automation accounts payable Technology Account 59

MineralTree

JANUARY 12, 2023

Centralized system of record: AP automation increases organization by centralizing and managing all AP documents onto a single cloud-based platform. This is especially valuable for hybrid and/or remote AP teams, so team members can access documents whether they’re working from home or traveling. Use Invoice Capture.

Technology 80

Technology AP Automation AP Processes Approval Workflows 80

Anders CPA

JUNE 20, 2024

Process automation involves using technology to automate repetitive tasks and streamline workflows. This can include tasks like repetitive data entry, moving files, processing and reading documents. It can also include common workflows like approvals, creating documents from templates, and communication management.

Technology 52

Technology Accounts Payable Automation accounts payable Approval Workflows 52

Accounting Seed

JANUARY 9, 2024

From our Accounting Seed University and Knowledge Base to API documentation for developers, we have the latest and greatest to help our users be successful with accounting on Salesforce. How can Accounting Seed help? We believe that good business starts with knowledge, support, and training. How can Accounting Seed help?

Account 59

Account accountant accounted Technology 59

Accounting Insight

JANUARY 18, 2023

Documents and information can flow through workflows that require a human touch only when needed. For those businesses that are still dependent on manual tasks or paper-based information, every team is affected by the time-wasting document searches and endless inquiries that come with an audit.

Technology 52

Technology Finance accounting and finance audit 52

SchoolofBookkeeping

FEBRUARY 26, 2024

OCR technology - The ability to scan, forward through email, take a picture of a document and the service will use Optical Character Recognition technology to scan the document and recognize text Pay and schedule payments - Each service will allow you to be able to send a payment electronically through a variety of funding sources.

quickbooks 52

quickbooks Bill Payment Platform Expense Reimbursements Approval Workflows 52

MineralTree

JANUARY 11, 2024

By automating the accounts payable process, accounts payable software solutions , like MineralTree, streamline invoice management, invoice approval workflows , and payment execution, minimizing errors and reducing the need for AP teams to intervene manually. This can all be done by the company without directly involving the bank.

AP Automation 81

AP Automation NetSuite Technology AP Processes 81

PYMNTS

AUGUST 15, 2016

By adopting ePayments and automating your AP process, you can pay vendors electronically, while maintaining all of your banking relationships and approval workflows,” according to AvidXchange. In a paper-based environment, documents are constantly at risk.

AP Automation 40

AP Automation Approval Workflows Technology AP Processes 40

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