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How to Choose the Best Accounts Payable Software Solution

MineralTree

Accounts payable (AP) is a critical business function, responsible for protecting cash flow, maintaining good relationships with vendors, and ensuring compliance with financial regulations. Modern accounts payable software solutions can help businesses transform their AP function, automate AP processes, and overcome manual inefficiencies.

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iplicit and Lightyear join forces to create a seamless accounting experience

Accounting Insight

Cloud accounting business iplicit and global Software as a Service business Lightyear have joined forces to provide an accounts payable solution that can drastically cut the time and costs involved in the manual accounts payable process. The announcement was made ahead of the accountancy and finance conference Accountex London.

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The major benefits of AP Automation.

Airbase

Accounts payable (AP) refers to the series of steps that companies take to pay their bills. It requires the safe handling and recording of funds transferring from the company’s bank account to suppliers and vendors. The importance and evolution of accounts payable. Traditional benefits of accounts payable automation.

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Balancing automation and compliance in expense reporting

Xero

While there is technically an audit trail when the review and approval expenses take place via email, getting access to these sources of information can be a completely different story. There also needs to be a clear approval workflow outlined for employees. At the same time, you want to make expense reporting simple.

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Switching to a Paperless Invoice Approval System

MineralTree

Accounts payable (AP) teams have long struggled with manual invoice approvals that involve chasing down signatures and slogging through mountains of paperwork. But in today’s increasingly digital business world, many AP teams are turning to automation to enhance their workflows — and the invoice approval process is no exception.

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File-Based Integration vs. API: The Difference for AP Teams

MineralTree

The modern digital landscape requires businesses to efficiently and securely exchange data between software systems. This is especially important for accounts payable (AP) teams, where timely and accurate data flow is essential. The Universal Connector There are more than 300 accounting systems your organization can choose from.

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Bill Adds New Purchase Order Capabilities

CPA Practice

Bill, a financial operations platform for small and midsize businesses, has has added automation technology to help SMBs and accounting firms get better control and visibility of their accounts payable workflows. Small businesses and accountants move fast and want to focus on growing and managing their businesses.