MineralTree

MARCH 16, 2023

Despite the fact that organizations around the globe are gearing up for digital transformation , many AP teams still heavily depend upon costly and antiquated systems such as paper invoices and checks. For example, many businesses incorporate AP automation , e-invoicing, and other digital tools to quickly gain an edge over their competitors.

AP Automation 88

AP Automation accounts payable Technology Accounts Payable Automation 88

MineralTree

MAY 4, 2023

How to Respond to Vendor Inquiries with AP Automation & Payment Services Not having enough time is the bane of every AP team. Say Hello to Automation, and Goodbye to Late Payments and Vendor Inquiries As we’ve touched on above, AP automation is key to reducing and organizing vendor inquiries.

AP Automation 82

AP Automation AP Processes Start-ups accounting and finance 82

MineralTree

APRIL 6, 2023

ERP Integration: How ERP Systems & AP Automation Tools Work Together An Overview of ERP Systems Enterprise Resource Planning (ERP) refers to a software that allows companies to manage various parts of their organization. Unfortunately, ERPs aren’t typically configured in a way that caters to the specific needs of AP staff.

AP Automation 64

AP Automation Technology NetSuite quickbooks 64

MineralTree

MARCH 23, 2023

This same principle applies to AP automation solutions. These AP solutions move funds first from your bank account to the processor’s account before finally delivering them to the organization you’re paying. In contrast, there is no fund clearing period or float to be made with a direct debit AP automation solution.

AP Automation 65

AP Automation Account accountant accounted 65

Accounting Insight

MARCH 17, 2023

Automation reduces the number of human errors and manual interventions required. With AP automation, companies can reduce their invoice processing costs by up to 80%. The average cost to process a single invoice can be up to £15 when done manually, compared to less than £5 for those that have implemented AP automation.

AP Automation 52

AP Automation AP Processes accounts payable Accounts Payable Automation 52

PYMNTS

AUGUST 7, 2020

Legacy payment options like paper are getting nudged out by faster better methods like credit cards, which are more cost-effective for buyers’ accounts payable (AP) teams to send and quicker for suppliers’ accounts receivable (AR) professionals to receive. It’s time for a solid path to AP modernization, and the industry gets it.

AP Automation 72

AP Automation Account accountant accounted 72

PYMNTS

APRIL 21, 2020

In the April The Next-Gen AP Automation Tracker ®, a PYMNTS and Bottomline Technologies collaboration, we discover how accounts payable (AP) developments like invoice automation and spend tracking save and earn money, while AP automation hardens systems against COVID-era fraud. More Vulnerable in AP.

AP Automation 63

AP Automation Technology accounts payable B2B 63

PYMNTS

AUGUST 19, 2020

With B2B payments being an increasingly attractive target for innovators, the landscape is growing crowded as more banks and FinTechs roll out their accounts payable (AP) automation solutions. The competition is undoubtedly heating up. “I think everybody recognizes that B2B payments are an enormous opportunity in the U.S.

AP Automation 127

AP Automation Technology accounts payable B2B 127

PYMNTS

MARCH 6, 2020

FinTechs are helping banks focus on the customer experience through accounts payable (AP) automation. AvidXchange Senior Vice President of Financial Services Boyce Adams Jr. told PYMNTS in an interview that banks foundationally value “the relationship they have with the customer” and “they understand the customer.”

AP Automation 100

AP Automation Technology accounts payable Account 100

CPA Practice

OCTOBER 3, 2023

Sizing the market opportunity, Deutsche Bank Research estimated in 2021 that AP automation and ePayments combined represent ~$70bn in US revenue opportunity, not including the international opportunity, which they estimated could be ~3-5x larger.

AP Automation 59

AP Automation Technology Accounts Payable Automation accounts payable 59

PYMNTS

MARCH 23, 2020

The March 2020 Next-Gen AP Automation Tracker ® done in collaboration with Bottomline Technologies , contains a wealth of information and inspiration for treasury and finance executives faced with issues of reducing fraud and error, cutting costs and increasing payments accuracy across the board.

AP Automation 52

AP Automation Technology accounts payable accounting and finance 52

PYMNTS

JUNE 16, 2020

This is where AP automation is stepping in. The cost benefits of employing [AP automation] solutions are dramatic, as using digital payment processing solutions could help firms cut related costs by 81 percent.

AP Automation 67

AP Automation accounts payable accounting and finance audit 67

PYMNTS

JULY 27, 2020

While we already do both, the cPayPlus acquisition will strengthen our AP automation offering, further enabling us to deliver best-in-class solutions that address all of our clients’ AR and AP automation and payment needs.”. “The competition typically focuses on either accounts receivable or (accounts payable).

AP Automation 52

AP Automation Technology accounts payable Accounts Payable Automation 52

PYMNTS

JUNE 24, 2020

To help project managers and administrators save time, Centsoft has unveiled an accounts payable (AP) automation technology for firms in the construction industry.

AP Automation 75

AP Automation Construction Technology NetSuite 75

CPA Practice

MARCH 9, 2023

a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced its referral partnership with KeyStone by Corelation Inc. AvidXchange Holdings, Inc., Corelation”), the latest core processor for today’s credit union.

AP Automation 52

AP Automation Technology AP Processes accounts payable 52

CPA Practice

MARCH 9, 2023

a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced its referral partnership with KeyStone by Corelation Inc. AvidXchange Holdings, Inc., Corelation”), the latest core processor for today’s credit union.

AP Automation 52

AP Automation Technology AP Processes accounts payable 52

PYMNTS

AUGUST 17, 2020

“Companies are now working to revamp and upgrade their accounts payable (AP) strategies to suit an environment in which financial teams must work remotely and in which cash flow strains are especially likely,” the new Guide states. And operations still using manual accounts payable (AP) methods are really rethinking things. “A

AP Automation 61

AP Automation Technology accounts payable AP Processes 61

PYMNTS

AUGUST 12, 2020

Palette Software unveiled accounts payable (AP) automation technology that is designed for firms in the construction and engineering industries and run on the cloud, according to an announcement. In June, Centsoft introduced AP automation for companies in the construction sector.

AP Automation 69

AP Automation Construction Technology accounts payable 69

PYMNTS

JANUARY 31, 2021

OnPay Solutions , which works in accounts payable (AP) automation, has struck a partnership with business innovation intelligence platform CapX to offer new supplier payment automation for clients, according to a press release.

AP Automation 67

AP Automation Technology Accounts Payable Automation accounts payable 67

PYMNTS

JUNE 8, 2020

” Some of the most positive effects of AP automation will also be felt further down the supply chain across organizations’ vendor bases. Rather, AP automation can present a business with the visibility and capability of deciding when to pay.

AP Automation 60

AP Automation Technology accounts payable Account 60

PYMNTS

APRIL 3, 2020

Accounts payable (AP) automation technology presents an obvious benefit to companies of all sizes and industries to boost efficiency and strategize vendor payments. For LockerDome, Lewis explained that one of the most glaring areas of inefficiencies in AP processes is the supplier payment itself. A Payments Balancing Act.

AP Automation 52

AP Automation Technology accounts payable AP Processes 52

PYMNTS

NOVEMBER 2, 2020

Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. To automate AP workflows, Palette's AP Automation for Aptean harnesses robotic process automation (RPA). 2) announcement.

AP Automation 56

AP Automation Technology Approval Workflows AP Processes 56

PYMNTS

DECEMBER 31, 2019

The PYMNTS December 2019 Next-Gen AP Automation Tracker details explosive innovation in real-time payments for business, driven in no small part by accounts payable (AP) professionals. That’s no optimistic, dawn-of-the-decade prediction – it’s happening fast, and that’s the whole point. Digitize to Actualize.

AP Automation 54

AP Automation Technology accounts payable B2B 54

PYMNTS

JANUARY 30, 2019

Moreover, among all the ways businesses’ can improve their B2B payments, accounts payable (AP) automation stands out as one of the most promising and popular innovations on the market. Yet, even with so much to gain, 59 percent of businesses have yet to implement any form of AP automation.

AP Automation 62

AP Automation Technology Accounts Payable Automation accounts payable 62

PYMNTS

FEBRUARY 28, 2020

One of the latest FinTech firms to do so is accounts payable (AP) automation company Centsoft , which recently announced a data integration with QuickBooks Online.

AP Automation 83

AP Automation accounts payable B2B quickbooks 83

PYMNTS

DECEMBER 27, 2019

In the latest Next-Gen AP Automation Tracker , PYMNTS examines the way that B2B payment needs are shifting, and how firms are responding to these needs with innovative technologies and products. Across The AP Automation Space. How Innovative Payment Methods Are Helping Drive AP Automation. About the Tracker.

AP Automation 52

AP Automation Technology accounts payable B2B 52

PYMNTS

MAY 23, 2019

Joint efforts between those traditional finance players and tech-nimble upstarts have helped make AP automation possible for their respective end clients, she told PYMNTS’ Karen Webster. I cannot remember the last time we had a conversation with a corporate who didn’t say, ‘Oh yeah, you know, I experienced check fraud.’

AP Automation 76

AP Automation Technology accounts payable accounting and finance 76

PYMNTS

JUNE 9, 2020

Now that businesses have had time to consider their AP automation strategies, Anderson offered insight into what middle-market and large enterprises need to consider to ease the pain of change without hampering their modernization inertia. Preserving The Bank Relationship. Finding The Right Fit. “Change is always a challenge.

AP Automation 53

AP Automation accounts payable Account accountant 53

PYMNTS

JULY 23, 2020

All of it will help companies continue a longer-term digital transformation using the upgraded AP automation and lower costs of ownership. Dmitriy Lerman , director of AP Product Management for GEP, said the idea is to offer something affordable as a way to transition to digital business.

AP Automation 56

AP Automation Technology accounts payable B2B 56

PYMNTS

JULY 30, 2020

The Regal offering allows regional banks, community banks and FIs offer their corporate clients a white-labeled AP technology. And, in June, Centsoft introduced an AP automation technology for companies in the construction space to assist administrators and project managers in saving time.

AP Automation 60

AP Automation Technology accounts payable NetSuite 60

PYMNTS

FEBRUARY 25, 2020

AP automation solutions integrated with ERP software can provide myriad benefits, but businesses and professionals may be hesitant to adopt them simply because they cannot picture a non-legacy AP system. Making Change a Community Effort.

AP Automation 61

AP Automation Technology accounts payable Education 61

PYMNTS

FEBRUARY 7, 2019

’s struggles with late supplier payments post a key challenge to the overall economy, making the market “ripe for accessible AP automation.” ” The launch comes as AP automation grows increasingly in-demand among corporate finance professionals.

AP Automation 49

AP Automation Technology Accounts Payable Automation accounts payable 49

PYMNTS

JULY 16, 2020

“Buyers need upgraded AP tools that provide detailed views of their finances and outstanding invoices to keep their operations running smoothly,” as the newest Next-Gen AP Automation Tracker® done in conjunction with Bottomline Technologies , noted.

AP Automation 57

AP Automation Technology accounts payable accounting and finance 57

Insightful Accountant

MAY 24, 2023

Rillion seamlessly integrates with QuickBooks Enterprise to automate accounts payable with a user-friendly and fast system.

AP Automation 61

AP Automation accounts payable quickbooks Account 61

PYMNTS

DECEMBER 30, 2019

Carl Slabicki, head of strategic payment solutions at BNY Mellon , recently spoke to PYMNTS about how businesses’ B2B payments expectations are shifting and how firms and financial institutions (FIs) can use AP automation to enhance their operations. AP automation can help.

AP Automation 52

AP Automation Technology accounts payable B2B 52

PYMNTS

OCTOBER 1, 2020

Looking ahead, Disque and Patel said that though 2021 may prove to be a tough year (especially for the economy at large), the stage is set for an even greater embrace of AP automation.

AP Automation 77

AP Automation Technology AP Processes Hospitality 77

PYMNTS

OCTOBER 9, 2019

The convergence of accounts payable and accounts receivable has led many in the AP automation industry to begin turning their attention to the supplier.

AP Automation 51

AP Automation Technology accounts payable B2B 51