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AP Automation Is Ready For WFH Accounting

PYMNTS

Legacy payment options like paper are getting nudged out by faster better methods like credit cards, which are more cost-effective for buyers’ accounts payable (AP) teams to send and quicker for suppliers’ accounts receivable (AR) professionals to receive. merchant services at American Express, told PYMNTS.

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How SME Accountants Can Compete With Software

PYMNTS

Like an aftereffect of a sci-fi film, the rise in automation within corporate financial teams has led to fears and anxiety: Will humans no longer be needed in the accounting department? Are the CFO and corporate treasurer becoming extinct? Automation and accounting software may be to blame, the publication said.

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Paychex Links Data To QuickBooks In Real Time

PYMNTS

17), Paychex said its General Ledger Service (GLS) now integrates into QuickBooks Online for faster access to key data for both small businesses and their accountants. Last month, payroll firm ADP enhanced its Accountant Connect functionality to strengthen its existing integration with QuickBooks. In a press release issued Monday (Dec.

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Closing The Books Is Now A Lesson In Corporate FinTech Innovation

PYMNTS

Corporate accounting software is now a continually evolving space, but progress doesn’t occur in a vacuum: External forces and trends, from changing regulations to increased adoption of FinTech by the enterprise, force businesses to adjust how they record and report financial data. Open Banking initiatives in the EU, U.K.,

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Why Supply Chain Execs Struggle To Analyze Costs

PYMNTS

New research from the Association for Supply Chain Management (APICS) and the Institute of Management Accountants (IMA) finds these professionals are struggling to grasp the insight they need into how much their companies spend on goods and services. More than a quarter also said it is too much effort to obtain useful costing information.