PYMNTS

APRIL 9, 2020

To help additional middle-market companies automate their accounts payable (AP) processes, MineralTree announced that it has grown its integration abilities, according to a press release. In separate news, OpenText unveiled its new Trading Grid with a rollout that connects ERP with AP, among other systems.

AP Automation 76

AP Automation AP Processes Technology accounts payable 76

MineralTree

APRIL 20, 2023

Once a payment is made, MineralTree syncs with MTB’s QuickBooks Desktop accounting system to close the loop. The initiative to automate our AP process was really kick-started during Covid,” said Matt Ogle, Accounts Payable & Vendor Manager for MTB. “A

AP Processes 77

AP Processes Montana quickbooks accounts payable 77

MineralTree

FEBRUARY 29, 2024

Efficient digital payments are critical for accounts payable (AP) teams to streamline the AP process and maintain strong relationships with vendors. However, managing payments through QuickBooks alone involves resource-intensive manual processes and limits teams’ ability to handle diverse invoice types.

AP Automation 52

AP Automation quickbooks Technology AP Processes 52

MineralTree

MARCH 16, 2023

What is Accounts Payable Outsourcing? Accounts payable outsourcing is the business practice of partnering with a third-party AP outsourcing firm to fully offload the handling of your organization’s AP processes.

AP Automation 88

AP Automation accounts payable Technology Accounts Payable Automation 88

Accounting Insight

MARCH 17, 2023

To help curb the effect of inflation and recession on the bottom line, the key is to challenge the internal costs, more specifically, the internal costs of the purchasing chain and processes. One of the critical areas where we can do this is in our Accounts Payable (AP) process.

AP Automation 52

AP Automation AP Processes accounts payable Accounts Payable Automation 52

MineralTree

DECEMBER 7, 2023

ACH payments involve a streamlined process in establishing a connection between your accounting system and a bank. This integration facilitates the electronic transfer of funds between accounts, offering a seamless and efficient method for secure transactions.

AP Automation 79

AP Automation accounts payable AP Processes accounting and finance 79

MineralTree

OCTOBER 5, 2023

Getting Invoices Posted Invoices need to be accurately recorded in the accounting system. Lack of Information or Incorrect Information Manual AP processes can lead to inaccurate data entry, resulting in discrepancies that need to be reconciled during the month-end close.

AP Automation 76

AP Automation accounts payable AP Processes accounting and finance 76

PYMNTS

JULY 31, 2020

Such concerns could inspire companies to rely more heavily on virtual credit card payments and adopt cloud-based and automated AR and AP tools. Businesses that had long stuck with manual, paper-based AP processes are finding that these are more difficult to manage as the pandemic makes it important to allow staff to work remotely.

AP Processes 60

AP Processes AP Automation B2B accounts payable 60

MineralTree

MARCH 30, 2023

Different stores may use separate accounting systems or procedures, which leads to further inconsistencies and errors. 6 Benefits of AP Automation for Franchises AP automation has become a popular tool for franchises looking to streamline their accounting processes and overcome the challenges associated with managing multiple entities.

AP Automation 79

AP Automation Account accountant accounted 79

MineralTree

JANUARY 12, 2023

Digitizing payments can help AP teams by increasing visibility across their workflow, reducing processing costs, and minimizing human errors associated with traditional AP processes. MineralTree can help teams process vendor payments more quickly and effectively. Benefits of Automated Invoice Payments.

Technology 80

Technology AP Automation AP Processes Approval Workflows 80

PYMNTS

DECEMBER 17, 2018

The solution does not automatically code invoices, though once coded and approved, invoice data is automatically integrated into accounting systems for seamless supplier payments. Automation is on the rise in accounts payable, as AP professionals seek ways to reduce manual processes and instead focus on more strategic initiatives.

accounts payable 49

accounts payable Technology AP Automation Account 49

PYMNTS

OCTOBER 27, 2016

APConnector supports payments made via virtual card and automatically captures data for remittance and reconciliation purposes, the bank said, and enables treasurers and financial professionals to remove manual AP processes and payment methods more easily. The company focuses on accounts payable automation software. “U.S.

accounts payable 62

accounts payable Accounts Payable Automation AP Processes B2B 62

PYMNTS

MAY 22, 2017

Streamlined vendor enrollment means reducing check payments and less manual work for AP professionals, leading to cost savings, the company added. We know most AP shops have too much to do with not enough resources,” the firm’s Vice President of Product and Strategy Meitra Aycock said in another statement. “We

Technology 40

Technology Accounts Payable Automation accounts payable AP Processes 40

MineralTree

DECEMBER 22, 2022

It used to be that AP teams had to manually read and enter each invoice they received from vendors into their accounting system. Rather than manually entering data, teams now have the ability to automatically capture and parse data from invoices directly into their automated AP solution.

accounts payable 52

accounts payable AP Automation Account accountant 52

PYMNTS

DECEMBER 16, 2016

It’s about how many payments you make, not what the revenue is,” while firms with revenues of $1 million to $250 million do represent an opportunity for adding value by automating AP processes, depending on the business. We understand there is going to be a healthy payment mix for a company to have a successful AP process.”.

Technology 61

Technology AP Processes accounts payable Accounts Payable Automation 61

PYMNTS

OCTOBER 10, 2019

AP departments are central to reviewing and approving invoices to ensure payments are made on time, but recent analysis suggests that many such offices use inefficient, old-school practices that can cause invoice approvals and payments to stall. Automating the Invoice-to-Pay Process . Improving the Payables-to-Payments Workflow.

Technology 46

Technology AP Automation AP Processes accounts payable 46

PYMNTS

JUNE 6, 2019

Solutions should tie in seamlessly with a business’ accounting system, and facilitate a single process for all payment types, said Moran. The most basic building block of AP management can be a point of friction, she noted. Solving Friction Points.

Technology 71

Technology accounts payable AP Processes B2B 71