article thumbnail

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. Table of Contents FirstHeading What is AP automation? Using AP automation software.

article thumbnail

ERP Integration: How ERP Systems & AP Automation Tools Work Together

MineralTree

ERP Integration: How ERP Systems & AP Automation Tools Work Together An Overview of ERP Systems Enterprise Resource Planning (ERP) refers to a software that allows companies to manage various parts of their organization. Unfortunately, ERPs aren’t typically configured in a way that caters to the specific needs of AP staff.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

AP Automation Company Stampli Nets $61M in VC Funding

CPA Practice

Stampli , a provider of AI-powered accounts payable automation, today announced that it has raised $61 million in a Series D venture funding round led by funds managed by Blackstone, with the participation of existing investors Insight Partners, SignalFire, Bloomberg Beta, and NextWorld Capital.

article thumbnail

Palette Unveils AP Automation Software For Construction Firms

PYMNTS

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.

article thumbnail

Choosing the Right Accounting Tools for your Franchise

MineralTree

Accounting for franchises is a complex web of responsibilities. Accounts payable (AP) automation has become a popular tool for franchises to overcome these obstacles. In this article, we will discuss the challenges associated with franchise accounting and how AP automation helps solve them.

article thumbnail

How Automation Can Remove Vendor Onboarding Frictions

PYMNTS

The financial account software market is on pace to reach $19 billion in sales over the next five years, and such growth is necessary to match businesses’ fast-paced needs. Businesses must be able to understand these variations when they begin onboarding, he added, so Sage Intacct has also built automation into its onboarding solutions.

article thumbnail

Accounting Technology’s Impact Felt Far Beyond The Enterprise

PYMNTS

There is seemingly no end to the discussion of how automated accounting can improve a business’ performance. The market is on the cusp of a groundswell of adoption of these technologies, says Therese Tucker, CEO of accounting solutions firm BlackLine , after a long lull among mid-market firms.