MineralTree

OCTOBER 26, 2023

Automation is reshaping the way companies manage their financial operations, especially in accounts payable (AP). Understanding how AP automation works and how it streamlines AP processes is vital to keeping your company ahead of the curve in a rapidly evolving business finance landscape.

AP Automation 76

AP Automation Technology AP Processes accounts payable 76

MineralTree

SEPTEMBER 28, 2023

The upcoming State of AP Report 2023 highlights that almost half of respondents (49.1%) express concerns about reducing AP processing costs. For example, businesses that rely on manual invoice processing spend up to $12.44 The State of AP Report 2023 highlights that a staggering 84.7% per invoice on average.

Finance 78

Finance AP Automation AP Processes Technology 78

PYMNTS

AUGUST 21, 2019

The drive to eliminate paper in the accounts payable process, to cut the steps that lead to inefficiencies, continues to get a boost from technology.

AP Processes 46

AP Processes AP Automation accounts payable Technology 46

MineralTree

AUGUST 24, 2023

Improving the QuickBooks AP Workflow: 11 Reasons to Automate While many organizations continue to rely on the current AP workflow in QuickBooks, the need for a more streamlined process is becoming increasingly clear. Automation tools eliminate this manual work and streamline the entire AP process so you can pay vendors faster.

accounts payable 70

accounts payable quickbooks AP Automation AP Processes 70

MineralTree

MARCH 7, 2024

Optimizing your AP process QuickBooks is the obvious first choice for many small businesses seeking an accounting software solution. But the right accounts payable (AP) automation solution can help bridge the gap for a smooth migration process, ensuring data accuracy and consistency—and an overall more efficient AP process.

quickbooks 52

quickbooks AP Processes AP Automation Technology 52

Accounting Seed

FEBRUARY 6, 2024

“AP Automation is the answer to the market’s desire for truly embedded finance,” said Ryan Sieve, chief technology officer at Accounting Seed. “We We know the entire AP process is cumbersome, but with AP Automation, we are enabling our customers to save time and streamline all the activities that touch the AP process.

AP Automation 59

AP Automation Technology AP Processes Account 59

AccountingDepartment

JUNE 8, 2023

Imagine having the ability to scale accounts payables (AP) operations for your e-commerce business, with the same amount of staff, or even less. With Tipalti's AP automation technology, businesses can do just that and accelerate their AP processes across the board.

AP Automation 68

AP Automation E-commerce AP Processes accounts payable 68

CPA Practice

DECEMBER 20, 2023

When combined with Quadient’s AP automation solution, users benefit from seamless synchronization of all AP processes. Xero helps 3.95 million subscribers worldwide to run their business accounting online and in one place.

Technology 111

Technology Accounts Payable Automation AP Automation accounts payable 111

CPA Practice

APRIL 24, 2023

Whether you’re in the midst of digital transformation or just beginning to explore, you’re probably seeing new opportunities to improve your company’s AP processes with the help of technology. Speak to the costs of manual invoice processing and the benefits of automating it.

Technology 80

Technology AP Processes Indiana CPA 80

MineralTree

MARCH 14, 2024

End-to-end automation enables businesses to efficiently process invoices and pay vendors quickly and easily. By adhering to AP best practices, businesses can enhance efficiency, improve accuracy, and streamline the entire AP process. The ability to scale Companies often struggle to scale their AP processes.

accounts payable 52

accounts payable AP Automation AP Processes Account 52

MineralTree

NOVEMBER 9, 2023

An Overview of MineralTree’s Integration Capabilities MineralTree offers a wide range of ERP integration options , simplifying the transition to digital AP processes. Sage Intacct The integration with Sage Intacct allows seamless data exchange, helping AP teams efficiently manage their financial data.

AP Processes 72

AP Processes AP Automation Approval Workflows NetSuite 72

AccountingDepartment

FEBRUARY 7, 2023

Using a high-level software system like NetSuite for business operations, like accounts payables, provides small to medium-sized businesses opportunities to save money, reduce risk, and increase efficiency throughout the full AP process.

accounts payable 67

accounts payable Accounts Payable Automation NetSuite AP Processes 67

MineralTree

JANUARY 25, 2024

AP automation remains a top priority because it provides substantial operational efficiencies and helps teams track payment flows and gain control over payment transaction timing. Key Takeaway: As you embark on digital transformation efforts, take it one financial function at a time — but remember that AP is a great starting point.

accounts payable 69

accounts payable AP Automation Account accountant 69

CPA Practice

OCTOBER 25, 2023

Purchase order (PO) and receipt details can now be synced from QuickBooks Desktop to BILL, so customers can track the progress and status of POs, and automate two-way and three-way matching between POs, receipts, and invoices to streamline AP processes.

quickbooks 59

quickbooks AP Processes Approval Workflows Technology 59

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

PYMNTS

DECEMBER 13, 2020

We are excited to provide B2BE with additional tools to help accomplish that mission by eliminating paper-based payments in the AP process," he said, according to the release. Shadrach added that the company wanted to add to its AP Automation to make sure that both ends of the AP process are covered.

B2B 75

B2B AP Processes AP Automation payroll 75

Accounting Insight

OCTOBER 18, 2022

CFOs wear many hats and are well-positioned to help to head off costly supply chain disruptions, with the support of their Supply Chain Manager, a profession which has historically faced challenges when it comes to Accounts Payable (AP) processes. billion by 2026.

Accounts Payable Automation 52

Accounts Payable Automation accounts payable AP Automation AP Processes 52

PYMNTS

OCTOBER 6, 2020

The pandemic has upended supply chains, and upended accounts payable (AP) processes – requiring companies of all sizes and types to move toward digital (and high-tech-powered) means to transform back-office functions. And for that, the AP process has to be smooth.

AP Processes 93

AP Processes accounts payable Technology audit 93

MineralTree

NOVEMBER 30, 2023

Invest in Paperless Processes Transitioning to a paperless AP process minimizes manual paperwork requirements and expedites document retrieval and approval cycles. Automate the Entire End-to-End AP Process AP automation encompasses invoice capture , approval workflows, payment processing, and reconciliation.

Finance 91

Finance AP Automation Approval Workflows Technology 91

MineralTree

DECEMBER 14, 2023

As a result, they partnered with MineralTree to streamline their entire AP process. Final Thoughts According to our State of AP Report , almost 30% of companies have not yet automated their invoice approvals. However, companies can benefit by expanding their automation capabilities to the entire end-to-end AP process.

accounts payable 66

accounts payable AP Processes AP Automation Approval Workflows 66

PYMNTS

APRIL 16, 2020

The technology, which can be put into place within seven days, will let companies provide their suppliers with the ability to electronically submit invoices and keep their accounts payable (AP) processes running with on-time invoice payments per an announcement. As a result, AP processes and payments to suppliers are facing disruption.

AP Processes 60

AP Processes accounts payable accounting and finance California 60

CPA Practice

OCTOBER 11, 2023

Some key themes highlighted in the report, include: Recessionary headwinds, rising costs and hybrid workplaces are pressuring AP teams to do more with less With increasing corporate belt-tightening, finance leaders are focused on boosting the productivity of lean AP teams and taking measures to cut costs.

Finance 59

Finance AP Automation AP Processes Approval Workflows 59

CPA Practice

DECEMBER 11, 2023

In a recent survey of North American finance leaders by AP and payment automation provider MineralTree, 59% of respondents cited the need to do more with less, followed by reducing AP processing costs (49%), improving their ability to manage cash flow (43%), and gaining better visibility into their current cash position (42%).

Finance 59

Finance AP Processes Technology accounts payable 59

PYMNTS

MAY 1, 2019

PYMNTS surveyed executives at 2,570 firms to examine their AP processes and how automation could help them address common AP frictions. When it comes to AP automation, firms seem to be facing a “chicken or the egg” dilemma. percent, said they already have “very” or “extremely” efficient AP processes in place.

AP Processes 81

AP Processes AP Automation accounts payable Account 81

MineralTree

NOVEMBER 10, 2022

These mistakes are especially prevalent in hybrid workforces, where invoices may be sent to one location, while it’s already being processed digitally somewhere else. Miscommunication & Lack of Visibility into the AP Process. Manual AP processes make it easy for duplicate vendor entries to happen.

AP Processes 52

AP Processes AP Automation accounts payable Technology 52

Accounting Insight

JANUARY 2, 2024

When combined with Quadient’s AP automation solution, users benefit from seamless synchronisation of all AP processes. Xero helps 3.95 million subscribers worldwide to run their business accounting online and in one place.

Technology 59

Technology accounts payable Accounts Payable Automation AP Automation 59

Ryan Lazanis

APRIL 4, 2022

Streamlining bill payments can often get overlooked, but the accounts payable process or AP process has a number of benefits such as: 1. An AP automation software will likely be much quicker to resolve any sort of payable issue. A reconciliation process with your bookkeeping solution, to keep your books clean.

accounts payable 96

accounts payable Technology Accounts Payable Automation AP Automation 96

PYMNTS

MAY 13, 2020

It also looks at how digital AP tools are helping corporate buyers get the data they need to streamline their invoice processing and speed up payments. Around The AP Automation World. For more on these and the rest of the latest AP automation headlines, download the Tracker. Find the full story in the Tracker.

AP Automation 79

AP Automation AP Processes Technology accounts payable 79

MineralTree

AUGUST 10, 2023

6 Tips to Improve Cash Flow A streamlined AP process helps businesses better monitor, manage, and forecast their cash flows. The following strategies can increase AP transparency and efficiency: 1. There is no such thing as a bad DPO, but it’s important that businesses be strategic when decreasing or increasing payment terms.

accounts payable 76

accounts payable AP Automation Account accountant 76

PYMNTS

JULY 10, 2020

These slow processes make it difficult for AP professionals to quickly pull up information on payment obligations, and they also present plenty of opportunities for human error. SMBs are more likely than larger firms to have old-school AP methods that cause undue frictions. Cutting Out Inefficiencies.

AP Automation 55

AP Automation Technology AP Processes accounting and finance 55

PYMNTS

NOVEMBER 2, 2020

The connection will let firms that have invested in Aptean digitize their AP processes with Palette's offering. Palette lets these companies take in bill data from vendors quickly, process invoices with an automated flow for approvals and offers a trail that auditors can look at.

AP Automation 56

AP Automation Technology Approval Workflows AP Processes 56

MineralTree

NOVEMBER 3, 2022

An organized, digital AP process is the key to providing reliable, timely visibility to both the AP team and business leaders. How Your AP Team Can Help Fight Recession. If your AP team isn’t sure how to prepare for a recession , these are a few places you can start.

AP Automation 52

AP Automation AP Processes Technology accounts payable 52

Accounting Insight

JANUARY 17, 2024

A series of requests exploring data from 1 st August 2022 until 31 st July 2023, found that despite 100% of universities digitising their Accounts Payable (AP) processes, for example via email or online portals, many still cannot overcome invoicing challenges.

accounts payable 59

accounts payable AP Processes accounting and finance Finance 59

MineralTree

MARCH 9, 2023

In this article, we explore the common issues with B2B cross-border payments and the steps companies can take to improve their international AP process. Leverage automated AP workflows Automated AP workflows increase speed, visibility, and efficiency across the AP process. What are B2B Cross-Border Payments?

B2B 74

B2B AP Processes AP Automation Tax 74

CPA Practice

MARCH 9, 2023

Integrated seamlessly with AvidAscend, this solution allows credit unions to save resources like time and costs by transitioning from paper-based manual systems, to streamlining the AP process via one automated, cloud-based solution.

AP Automation 52

AP Automation Technology AP Processes accounts payable 52

CPA Practice

MARCH 9, 2023

Integrated seamlessly with AvidAscend, this solution allows credit unions to save resources like time and costs by transitioning from paper-based manual systems, to streamlining the AP process via one automated, cloud-based solution.

AP Automation 52

AP Automation Technology AP Processes accounts payable 52

MineralTree

OCTOBER 5, 2023

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. Additionally, AP teams may waste valuable time tracking down information buried in paper invoices that wasn’t transferred accurately to their ERP system.

AP Automation 76

AP Automation accounts payable AP Processes accounting and finance 76