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AP automation best practices for 2024 and beyond.

Airbase

You can better identify the best AP automation solution for your organization by following accounts payable best practices. Why you need AP automation. AP Automation best practices 1) Secure stakeholder buy-in. 2) Appoint an AP automation leader. 8) Streamlined workflow configuration.

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How to Improve the NetSuite Invoice Approval Workflow

MineralTree

Leveraging AP automation for a faster process The invoice approval process is a bottleneck for many AP teams. From manually inputting invoice data to chasing down approvers for signatures, a traditional paper-based approval process contains many time-consuming, manual steps that slow down payments and sap resources.

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How to Improve Efficiency Across the Finance Department

MineralTree

As the need to drive efficiency grows, many teams are looking to technology to digitize and automate their workflows. The right AP automation solutions can help finance departments not only eliminate tedious, manual work but also streamline their processes and stay compliant with evolving regulations.

Finance 91
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7 Steps to Improving the AP Check Run

MineralTree

The AP check run remains a pain point for many finance departments who rely on manual processes and outdated solutions to manage AP — in turn, causing check run delays and hiccups. This blog explores the intricacies of the AP check run and actionable tips to fortify your financial processes. Did you know? Did you know?

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How to Effectively Audit Accounts Payable

MineralTree

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.

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Increasing Productivity in Finance

MineralTree

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
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Leading analyst IDC recognizes innovation in procurement solutions.

Airbase

AP Automation Tour Explore 3-way matching in our AP Automation Product tour. 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.