Airbase

FEBRUARY 23, 2023

P2P software supports AP processes by automating procurement activities and capturing relevant financial information What should I look for in a P2P solution? Purchase order managemen t : You need to be able to create, approve, and track purchase orders, as well as manage any changes or cancelations.

Approval Workflows 130

Approval Workflows Technology general ledger AP Processes 130

ThomsonReuters

APRIL 6, 2023

Accounts payable (AP) is an important signal in understanding the financial health of a business. By optimizing your accounts payable workflow, you can gain insight into cash flow, make better business decisions, and ensure strong relationships with vendors and suppliers.

accounts payable 52

accounts payable Account accountant accounted 52

MineralTree

MARCH 14, 2024

However, many companies still rely on manual processes to manage accounts payable—and these outdated practices are causing problems across their financial operations. An overview of high-volume accounts payable High-volume AP involves managing a large number of invoices and payments. Did you know?

accounts payable 52

accounts payable AP Automation AP Processes Account 52

ThomsonReuters

APRIL 6, 2023

If you are an accountant working within accounts payable, chances are you’ve got an interest in automation. From understanding the why and the how, to knowing what to look for, let us be your guide to accounts payable automation. Resolving the accounting records. How can I improve my accounts payable?

Accounts Payable Automation 59

Accounts Payable Automation accounts payable Technology Account 59

Airbase

OCTOBER 25, 2023

One of their overarching goals is to help technology buyers make informed decisions to achieve their business goals. This is why we’re seeing intake solution providers adding accounts payable automation to their offering. It is immediately obvious where the action lies, and parallel approvals are supported.

accounts payable 130

accounts payable AP Automation Approval Workflows Technology 130

Xero

AUGUST 29, 2023

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.

Approval Workflows 84

Approval Workflows general ledger Expense Management audit 84

MineralTree

SEPTEMBER 7, 2023

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.

Approval Workflows 77

Approval Workflows AP Processes quickbooks Technology 77

CPA Practice

MAY 22, 2024

Goldman Sachs recently estimated that automating Accounts Payable processes can result in time savings of 70-80% for small and medium-sized businesses. Efficient accounts payable (AP) processes are crucial for maintaining a healthy cash flow and fostering strong relationships with suppliers. By Laurent Charpentier.

AP Processes 69

AP Processes Technology AP Automation accounts payable 69

CPA Practice

NOVEMBER 14, 2023

used its annual QuickBooks Connect user conference in Las Vegas to announce QuickBooks Bill Pay , a new solution fully integrated within QuickBooks that transforms bill pay for businesses and delivers accounts payable automation. Visit here for more information on QuickBooks Bill Pay. Intuit Inc.

quickbooks 111

quickbooks AP Automation Accounts Payable Automation Approval Workflows 111

Airbase

JANUARY 13, 2023

3-way match is a process used in accounts payable to ensure that invoices are accurately matched to the correct purchase order and corresponding goods received note (also called the receiving report). Automated approval workflows. Does invoice automation help with 3-way match? 3-way matching.

Technology 130

Technology Approval Workflows NetSuite Spend Management 130

Lockstep

JANUARY 17, 2023

The Lockstep Team is excited to share some of the latest updates to the world’s first shared inbox designed for accounting, Lockstep Inbox. Collaborating across the accounting team has never been easier with @Mentions. Collaborating across the accounting team has never been easier with @Mentions. Approval Activity Improvements.

Approval Workflows 85

Approval Workflows Account accountant accounted 85

Airbase

NOVEMBER 29, 2023

Implementing accounts payable best practices can help your organization reduce risk, save time and money, foster strong vendor relationships, and create a better spend culture. You can better identify the best AP automation solution for your organization by following accounts payable best practices. Why you need AP automation.

AP Automation 130

AP Automation Technology accounts payable AP Processes 130

Cherry Bekaert

MARCH 22, 2024

As a long-standing strategic partner of Sage Intacct, Cherry Bekaert has the accounting and technical knowledge necessary to implement and optimize the platform. We have many years of experience using the tool to manage the accounting for our clients, which sets us apart from other firms. You decide what to pay and how to pay it.

general ledger 116

general ledger accounts payable Technology accounting and finance 116

Airbase

NOVEMBER 1, 2023

To maintain financial stability and drive strategic growth, organizations must optimize spending and have accurate financial data to inform decisions. With numerous cost categories, complex approval processes, and the need for accurate recordkeeping, it’s often difficult to maintain control and visibility over all spend.

Expense Management 130

Expense Management Technology NetSuite Spend Management 130

Airbase

NOVEMBER 1, 2023

To maintain financial stability and drive strategic growth, organizations must optimize spending and have accurate financial data to inform decisions. With numerous cost categories, complex approval processes, and the need for accurate recordkeeping, it’s often difficult to maintain control and visibility over all spend.

Expense Management 130

Expense Management Technology NetSuite Approval Workflows 130

MineralTree

JUNE 1, 2023

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. This leaves room for ample efficiency gains and improvements.

accounts payable 75

accounts payable quickbooks AP Automation AP Processes 75

Airbase

APRIL 4, 2023

TL;DR: In the wake of a banking crisis, cyberattacks are on the rise, especially relating to change of accounts. Since the crisis, there has been a mass movement to open new bank accounts by companies that relied on SVB. Be cognizant that threat actors may use personal social media accounts or text messages to contact you.

Approval Workflows 130

Approval Workflows accounting and finance accounts payable payroll 130

CPA Practice

OCTOBER 25, 2023

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.

quickbooks 59

quickbooks AP Processes Approval Workflows Technology 59

MineralTree

NOVEMBER 30, 2023

With hiring freezes and budget cuts in play, it’s natural that 59% of finance leaders say doing more with less is a top issue for accounts payable (AP) teams in the current economic climate. Accurate data reduces the likelihood of costly errors and ensures your financial decisions are based on reliable information.

Finance 91

Finance AP Automation Approval Workflows Technology 91

Airbase

JUNE 30, 2023

Balancing the competing demands of tighter budgets, environmental accountability, and business necessity requires greater visibility into travel arrangements. And the month-end close involves pulling information from different sources, looking for receipts, and figuring out travel budget discrepancies. in additional revenue.

NetSuite 130

NetSuite Expense Management Approval Workflows accounting and finance 130

PYMNTS

NOVEMBER 2, 2020

Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. The intuitive dashboard of Palette offers a full summary of vendor invoices as well as their status in the approval workflow in addition to outstanding payables. 2) announcement.

AP Automation 56

AP Automation Technology Approval Workflows AP Processes 56

Acterys

NOVEMBER 7, 2023

This eliminates discrepancies and ensures that decision-makers have access to accurate and up-to-date information. These features ensure that data is securely managed and that only authorized users have access to sensitive information. This allows you to anticipate change, adjust your strategies and make informed decisions promptly.

accounting and finance 130

accounting and finance Technology Approval Workflows Finance 130

MineralTree

NOVEMBER 9, 2023

This is especially important for accounts payable (AP) teams, where timely and accurate data flow is essential. While both techniques enable organizations to efficiently share information between different applications, there are fundamental differences between the two, and each has its pros and cons. What is a File-Based Integration?

AP Processes 72

AP Processes AP Automation Approval Workflows NetSuite 72

MineralTree

OCTOBER 26, 2023

Automation is reshaping the way companies manage their financial operations, especially in accounts payable (AP). What is Accounts Payable Technology and What is its Role? Trends in Accounts Payable Technology Several key trends in AP technology have emerged as organizations navigate the post-COVID-19 business landscape.

AP Automation 76

AP Automation Technology AP Processes accounts payable 76

Accounting Insight

APRIL 26, 2023

Well, here it is: Time is money. For accountants this is especially true. In fact, the average accountant charges $37 USD per hour. But are all of an accountant’s potentially billable hours spent wisely? According to Intuit Quickbook’s Firm of the Future , accountants spend up to 1.5

Approval Workflows 59

Approval Workflows Start-ups Account accountant 59

Airbase

MARCH 31, 2023

The customizable approval workflows and policies are extremely user-friendly/configurable to help meet our stakeholders’ and compliance requirements.” Ease of setup: 92 “Our favorite part about Airbase is how simple it is to set up and use for every stakeholder within our business, from individual sellers to the accounting team.”

AP Automation 130

AP Automation Spend Management Spend Management Platform Approval Workflows 130

Withum

JANUARY 15, 2024

This enables authorized users to access financial information from anywhere at any time. The Results and ROI Optimizations to the Chart of Accounts and dimensions led to a remarkable 20% reduction in General Ledger accounts.

quickbooks 52

quickbooks Approval Workflows Non-Profits general ledger 52

Airbase

NOVEMBER 7, 2023

This granular control and transparency not only enhances spend management , but also enables businesses to make informed decisions, strengthen vendor relationships, and optimize procurement strategies. The procure-to-pay process leads to more timely payment processing through its efficient automation and streamlined workflows.

Technology 130

Technology Approval Workflows Spend Management audit 130

PYMNTS

AUGUST 12, 2020

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.

AP Automation 69

AP Automation Construction Technology accounts payable 69

Lockstep

JUNE 15, 2022

For B2B businesses, credit management is essential for accounts receivable (AR) management success. Be it lack of critical financial information, undue to time constraints, or higher priority projects, many companies, today, struggle to create formal credit policies. . Get Started with Lockstep Today! Learn More.

Approval Workflows 89

Approval Workflows B2B Sales Account 89

MineralTree

SEPTEMBER 28, 2023

Under the finance umbrella, accounts payable (AP) is particularly ripe for digitalization, with the potential to streamline operations and enhance efficiency. Why Productivity Matters in Finance Financial accounting productivity facilitates healthy cash flow.

Finance 78

Finance AP Automation AP Processes Technology 78

PYMNTS

NOVEMBER 3, 2020

Bloomberg is providing the data in the current global economic crisis to aid the markets with ready, accessible information that is timely and transparent for active credit assessments and predictive models to assess the volatility of the current market. Clients will also be able to use the data for an enterprise use case, the release stated.

B2B 88

B2B AP Automation accounts payable B2C 88

Withum

JUNE 16, 2022

While some mistakes lead to growth, we do not want to see mistakes made regarding our company’s accounting. The outlier detection will note if an entry is coded to an unusual account or dimension. The approval workflow can be modified to determine who reviews those outliers detected. Accounts Payable Automation.

general ledger 59

general ledger Accounts Payable Automation Approval Workflows accounts payable 59

MineralTree

JANUARY 11, 2024

However, accounts payable (AP) automation can make electronic payments in ERP systems , like Netsuite, much easier. MineralTree also mirrors the workflow in Netsuite with an API that has a true bi-directional sync. More Flexibility In 2022 , Netsuite and HSBC announced their plans to collaborate on an accounts payable solution.

AP Automation 81

AP Automation NetSuite Technology AP Processes 81

SchoolofBookkeeping

FEBRUARY 26, 2024

QuickBooks Online is a popular accounting software for small businesses and it provides a range of bill pay options. It also provides features such as automatic payment scheduling, approval workflows, and payment tracking. One aspect that really has Corpay One stand out is their advanced workflows section.

quickbooks 52

quickbooks Bill Payment Platform Expense Reimbursements Approval Workflows 52

Accounting Insight

FEBRUARY 16, 2023

Payroll processing services can also involve calculating, recording, and sending required payroll information to employees and reports to government agencies regularly. Each time employees make a purchase; they can choose from the categories, ensuring that each expense is assigned correctly (and synced seamlessly with the business accounts).

payroll 59

payroll Spend Management Solutions Expense Management accounting and finance 59

Accounting Insight

JANUARY 18, 2023

To stand at the forefront of digital transformation, CFOs should look to invest in secure, cost-effective, information-centric technology which automates processes to free up time for employees to focus on innovation and making a profit. Documents and information can flow through workflows that require a human touch only when needed.

Technology 52

Technology Finance accounting and finance audit 52