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A Guide to AP Automation Technology

MineralTree

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.

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4 Steps to Choosing an Accounts Payable Software that is Compatible with QuickBooks

MineralTree

Managing accounts payable can be a time-consuming and challenging task, especially for businesses with limited resources. Thankfully, the right accounts payable software can help businesses streamline their payment processes, reduce manual errors, and improve efficiency.

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Best Practices for Managing High-Volume Accounts Payable

MineralTree

However, many companies still rely on manual processes to manage accounts payable—and these outdated practices are causing problems across their financial operations. A manual approach slows down the payment process and increases the risk of errors and fraud while jeopardizing relationships with strategic vendors.

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How Construction Accounting Software Enhances Project Management and Profitability

Accounting Seed

It streamlines this process because it’s built natively on Salesforce. Understanding accounting for construction Construction accounting is unique compared to other industries in how it tracks expenses and reports its finances because its work is largely project-based.

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AP Professionals Often Their Own Biggest Hurdle In Automation

PYMNTS

Citing Association for Financial Professionals research, which found that 78 percent of treasury and finance executives had been hit by fraud last year, Accu-Image warned that issues like fake invoices, combined with human errors in bookkeeping or invoice management, can all create losses as a result of having manual, outdated AP processes in place.

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AP Automation’s Role In Paying The Gig Economy

PYMNTS

For the companies that pay these workers, sometimes globally and across currencies, managing accounts payable (AP) processes is quickly becoming a complex endeavor. At a high-level view, that changes the number of levers that can be pulled — from a finance perspective — around the working capital associated with AP.

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Bottomline: AP Automation, APIs Pay Dividends For Buyers — And Their Suppliers

PYMNTS

In the drive to manage accounts payable (AP) more efficiently, buyers can not only optimize their own working capital, they can help suppliers, too. To that end, Bottomline Technologies Vice President of Strategy and Product Bill Wardwell said, AP automation can help.