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Digital Automation Increasing in Tax Firms

CPA Practice

Technology will play a key role in driving value for businesses in the face of new and current challenges. Expect to see a bigger push for digital automation. Make sure your goals are clear before jumping into any new tech. A great example of divisions trending toward automation is tax departments and government agencies.

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Finding The Tech-Human Balance In B2B Payment Optimization

PYMNTS

Although it occurred under dire circumstances, 2020 was the year that many organizations finally ditched the paper check in B2B payments — or, at the very least, helped to move the needle toward electronic payments. B2B payments are messier than B2C payments," said Chanda. In Pursuit Of Perfection.

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American Express Launches Automated AP Solution To Help Digitize B2B Payments

PYMNTS

American Express has launched a new automated accounts payable solution, American Express One AP, to help businesses digitize B2B payment processing, according to a press release. Automation, according to a recent PYMNTS report , is poised to save businesses both money and time.

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NEW DATA: Pandemic Pushes 70 Pct Of Businesses To Automate Accounts Receivables

PYMNTS

The pain points that accounts receivable (AR) teams most commonly experience can be boiled down to three underlying and related problems: continued reliance on manual AR management practices, and the resulting lack of speed and high operating costs associated with managing receivables. Reliance on manual processes has far-reaching effects.

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The Accounting Technology Lab Podcast: The End of QuickBooks Desktop – Mar. 2024

CPA Practice

. == Or use this podcast player to listen: Transcript (Note: There may be typos due to automated transcription errors.) Tankersley, CPA.CITP, CGMA 00:00 Welcome to the accounting Technology Lab sponsored by CPA practice advisor. Randy Johnston 00:11 Welcome to today’s accounting Technology Lab. SPEAKERS Brian F.

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6 Accounts Payable Automation Trends To Watch in 2023

MineralTree

Why AP Automation is Key to a Strong Year Most finance predictions for 2023 focus on business process improvements and cost savings, as opposed to ground-breaking new innovations. This is a direct result of firms’ risk aversion to invest in new technology amidst the current market. of their annual revenues.

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Deep Dive: How Companies Can Use Automation To Face Cross-Border B2B Payment Challenges

PYMNTS

These O2C challenges are only compounded for businesses that conduct cross-border B2B payments, as these firms must manage shifting foreign exchange (FX) rates, varying international regulations and other variables to ensure that orders, invoices and payments are accurate. Automation's Expanding Role In The O2C Process.