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. On top of all this, vendor inquiries continually interrupt AP teams throughout the day. They turned to MineralTree’s TotalAP solution to automate their invoice and payment process.

AP Automation 82

AP Automation AP Processes Start-ups accounting and finance 82

CPA Practice

DECEMBER 17, 2023

As a result, finance leaders find their departments squarely in the spotlight—keeping a closer eye on their balance sheets, taking fewer risks, and focusing more on efficiency and value over growth. Accounts Payable (AP), in particular, has become ground zero as liquidity and cash flow become even more indispensable.

AP Automation 132

AP Automation Finance AP Processes Approval Workflows 132

MineralTree

SEPTEMBER 28, 2023

Today’s fast-paced business landscape demands unprecedented levels of efficiency and accuracy, especially in the finance sector. Under the finance umbrella, accounts payable (AP) is particularly ripe for digitalization, with the potential to streamline operations and enhance efficiency.

Finance 78

Finance AP Automation AP Processes Technology 78

CPA Practice

AUGUST 14, 2023

The lingering (although receding) risk of a recession, stubborn inflation trends, economic policy debates, and geopolitical instability all create challenges for businesses and their finance teams. This unpredictability requires businesses to ensure maximum efficiency in their finance operations.

Finance 98

Finance AP Automation Technology accounting and finance 98

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

MineralTree

NOVEMBER 30, 2023

Maintaining finance department efficiency is a constant challenge, especially for teams that rely on legacy technology and manual processes. The good news is that technological advancements have made it possible for finance departments to increase productivity and to do more with less. What are the Challenges in Finance?

Finance 91

Finance AP Automation Approval Workflows Technology 91

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. Stampli’s success demonstrates that AI can succeed even in finance.

AP Automation 59

AP Automation Technology Accounts Payable Automation accounts payable 59

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 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. Finance administrators and project managers both benefit from automation of the accounts payable process.

AP Automation 69

AP Automation Construction Technology accounts payable 69

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

Finance and accounting teams no longer need just to be paperless, they are office-less … Invoice coding, approvals and executing payments, as well as all the other payables processes, need to be online,” Tipalti CEO Chen Amit told PYMNTS. This is where AP automation is stepping in.

AP Automation 67

AP Automation accounts payable accounting and finance audit 67

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

CPA Practice

OCTOBER 11, 2023

With increasing corporate belt-tightening, finance leaders are focused on boosting the productivity of lean AP teams and taking measures to cut costs. According to a new survey, many are turning to automation to achieve this goal. Almost half (45%) of firms looking to hire anticipate hiring challenges and delays.

Finance 59

Finance AP Automation AP Processes Approval Workflows 59

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. Cichy said he sees the opposite happening today, though. “I find that banks are more open to this than [FinTech firms] at the moment,” he said.

AP Automation 83

AP Automation accounts payable B2B quickbooks 83

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

JULY 30, 2020

The Regal offering allows regional banks, community banks and FIs offer their corporate clients a white-labeled AP technology. Those who work in finance or accounting roles can use the RegalPay technology directly from their workstations.

AP Automation 60

AP Automation Technology accounts payable NetSuite 60

PYMNTS

FEBRUARY 25, 2020

“I think we are going to see a much more integrated financing side,” Haimes explained. “I I think we’ll see [tighter integrations] so that banks can offer innovative financing solutions without having to take [operations] offline into a separate system.”. Making Change a Community Effort.

AP Automation 61

AP Automation Technology accounts payable Education 61

PYMNTS

JULY 16, 2020

The company said that those who work in accounting or finance functions can harness its RegalPay technology straight from their computers. Remaking and restarting the American economy will involve automation for AP.

AP Automation 57

AP Automation Technology accounts payable accounting and finance 57

Accounting Insight

NOVEMBER 7, 2023

The finance platform iplicit is offering the time-saving advantages of accounts payable (AP) automation to its full range of customers in the latest update to its product. Customers will be able to choose the option that best suits them, ensuring the benefits of AP automation are available to all iplicit users.

Accounts Payable Automation 69

Accounts Payable Automation accounts payable Technology AP Automation 69

MineralTree

FEBRUARY 1, 2024

MineralTree recently surveyed more than 800 finance professionals and over 200 of their vendors for the State of AP Report. The focus was on assessing the current digital payments landscape and end-to-end AP automation to better understand key trends, challenges, and priorities for AP teams.

accounts payable 74

accounts payable AP Automation AP Processes Account 74

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

CPA Practice

MARCH 27, 2023

While many of these disruptions will continue to present challenges for the foreseeable future, forward-thinking finance leaders can embrace technology and services that will not only help them overcome these issues, but also achieve more efficient and profitable operations. Many continue to recruit and even backfill for these roles.

AP Automation 114

AP Automation Technology accounts payable accounting and finance 114

Accounting Insight

NOVEMBER 16, 2023

The finance platform iplicit is offering the time-saving advantages of accounts payable (AP) automation to its full range of customers in the latest update to its product. Customers will be able to choose the option that best suits them, ensuring the benefits of AP automation are available to all iplicit users.

Accounts Payable Automation 59

Accounts Payable Automation accounts payable Technology AP Automation 59

MineralTree

JANUARY 5, 2023

The Current State of Finance. While these three areas are top of mind for finance leaders, they represent just a fraction of the challenges facing teams as they prepare for the future. Keep reading to learn more about the different types of obstacles standing in the way of today’s finance departments. The Future of Finance.

Finance 55

Finance AP Automation Technology accounting and finance 55

MineralTree

NOVEMBER 16, 2023

Cash Flow from Financing Financing cash flow accounts for cash raised or spent on financial activities like loans, share repurchases, dividends, and similar financial products. Assessing financing cash flow allows you to get a picture of how external financing affects your cash position and debt levels.

AP Automation 84

AP Automation accounting and finance Technology Finance 84

Airbase

NOVEMBER 1, 2023

That’s not surprising considering the amount of manual work done by finance teams — over 50% of their time in some organizations! An EY report, Six ways the CFO can use artificial intelligence, today , points out that finance teams are well-positioned to leverage the powers of AI. Explore tour AI and audit readiness.

Expense Management 130

Expense Management AP Automation Technology audit 130

PYMNTS

JANUARY 6, 2021

“Our mutual customers rely on solutions like Kofax’s ReadSoft Online to streamline invoicing processes,”said Georg Glantschnig , general manager of Dynamics 365 Finance at Microsoft, in the release.

AP Automation 73

AP Automation Technology accounts payable accounting and finance 73

MineralTree

OCTOBER 19, 2023

However, the traditional manual approach to AP can be time-consuming and error-prone, meaning AP teams are spending valuable time on tedious tasks such as data entry, reconciliation, and chasing approvals. It’s no surprise that MineralTree’s State of AP Report identified the AP function as the No.

accounts payable 75

accounts payable AP Automation AP Processes Approval Workflows 75

PYMNTS

OCTOBER 18, 2017

What’s behind the yawning chasm, then, where AP automation gets such short shrift? In an interview with PYMNTS, BC Krishna, CEO of payments automation firm MineralTree , said the disparity boils down to the duality of “lack of awareness” and “lack of solutions.” Frustration or complacency? Perhaps a bit of both.

AP Automation 49

AP Automation Technology accounts payable Minnesota 49

MineralTree

JANUARY 18, 2024

That’s why many AP teams are turning to automation and digitization to eliminate tedious, manual tasks, reduce human error, and ultimately streamline the AP process. Efficiency in the AP process is paramount, especially in today’s economic climate where doing more with less is top of mind for many finance professionals.

accounts payable 80

accounts payable AP Processes AP Automation Account 80

MineralTree

JUNE 1, 2023

Integrating QuickBooks with a compatible accounts payable automation software helps finance teams digitize their entire AP process. Keep reading to learn the 4 essential steps you need to know to choose an accounts payable automation software that is both compatible with QuickBooks and able to transform your business.

accounts payable 75

accounts payable quickbooks AP Automation AP Processes 75

MineralTree

FEBRUARY 15, 2024

Is your accounts payable (AP) check run holding your business back? 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. Fortunately, automation can streamline and improve this process.

AP Automation 78

AP Automation accounts payable Technology accounting and finance 78

MineralTree

APRIL 4, 2024

Leveraging AP automation for a faster process The invoice approval process is a bottleneck for many AP teams. No wonder getting payments authorized and released is finance professionals’ top pain point for their vendor payment process, according to MineralTree’s State of AP Report. They can do it easily via email.

Approval Workflows 52

Approval Workflows NetSuite AP Automation Technology 52

PYMNTS

NOVEMBER 16, 2018

.” As executives begin to view accounts payable as a way to actually generate money for their companies and make significant impacts on bottom lines, the industry is also exploring an entirely new field as a result of automation: business intelligence and analytics.

AP Automation 63

AP Automation Technology accounts payable AP Processes 63

MineralTree

JANUARY 26, 2023

A provider that can deliver both AP automation software and managed services has become one of the most popular resources used to improve payment operations and unlock additional efficiencies. Payment Operations Today Today’s finance teams are under immense pressure to become more strategic.

AP Automation 75

AP Automation Technology AP Processes accounts payable 75

PYMNTS

JULY 10, 2020

Money, therefore, remains tight, and SMBs need fast and precise insights into their finances and processes to help them make more informed spending decisions. Relying on AP automation tools could ultimately help SMBs build more resilient, efficient operations. .

AP Automation 55

AP Automation Technology AP Processes accounting and finance 55