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Accounts payable automation: the ultimate game changer for accounting firms

Accounting Insight

Accounts payable automation, also known as AP automation or invoicing automation, is the process of automating accounts payable processes and activities while collecting the critical data required to make smart decisions, improve efficiency, and grow your business. As real-time?

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Modernizing Money Management: The Shift from Manual to Automated AP Processes

CPA Practice

Goldman Sachs recently estimated that automating Accounts Payable processes can result in time savings of 70-80% for small and medium-sized businesses. Efficient accounts payable (AP) processes are crucial for maintaining a healthy cash flow and fostering strong relationships with suppliers.

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Bank/FinTech Harmony Sets Stage For AP Automation

PYMNTS

The B2B space is ripe for transformation, where outdated payment processes mark accounts payable (AP), and where technology can make all the difference as corporates choose their banking partners to satisfy their payment needs.

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What No One Saw Coming In AP Automation And What Comes Next

PYMNTS

At a high level, said Disque, the embrace of automated accounts payable (AP) processes has been consistent across verticals. But as PYMNTS’ own data and SMB surveys have found, the waiting game is stretching out — and many people now expect the pandemic to impact firms across more than 200 days.

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Intuit Introduces QuickBooks Bill Pay

CPA Practice

used its annual QuickBooks Connect user conference in Las Vegas to announce QuickBooks Bill Pay , a new solution fully integrated within QuickBooks that transforms bill pay for businesses and delivers accounts payable automation. Intuit Inc. Intuit is the maker of TurboTax , Credit Karma , QuickBooks , and Mailchimp.

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Cross-Border Payments, AP Automation Firms Combine Forces

PYMNTS

A cross-border payments company and an accounts payable solutions provider have joined forces, meshing their tools together to ease friction in global B2B payments. In a statement, Beanworks Chief Executive Officer Catherine Dahl called the partnership a “game-changer when it comes to B2B payments.”.

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Tackling AP Automation’s ‘Chicken-And-Egg’ Problem

PYMNTS

Shifting away from paper-based accounts payable (AP) practices could be a game-changer for many organizations. AP professionals must first be willing to take the first step to embrace automation, but some firms are wavering over whether they are prepared to do so. Around The Next-Gen AP Automation World.