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ERP/Generalledger vs transaction solutions. Modern solutions increasingly take a more holistic approach and automate many pre-accounting tasks, like approvalworkflows and securing receipts and contracts. ERP/Generalledger vs transaction solutions. 2) Intake workflows for multi-stakeholder compliance.
This is because ERPs function as the business’ system of record and store information regarding sales, the generalledger, accounts receivable, accounts payable, and forecasting. Streamlined Invoices ApprovalWorkflows AP automation makes invoice approvals easy. According to our State of AP Report, 75.3%
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