Airbase

OCTOBER 23, 2023

In the world of finance and procurement, accuracy and accountability are paramount. Three-way match has long been an important control measure practiced by accountants to make sure that what was purchased, what was received, and what was paid are fully aligned. Table of contents What is 3-way matching? How 3-way matching works.

accounts payable 130

accounts payable AP Automation Technology accounting and finance 130

Airbase

OCTOBER 25, 2023

For decades, the many steps and stakeholders in large enterprise purchasing meant procurement teams had to rely on heavyweight, expensive solutions, while mid-market companies either had to adopt one of those overly cumbersome solutions or throw some ad-hoc procedures together to try to control spend. Accounts payable and procurement.

accounts payable 130

accounts payable AP Automation Approval Workflows Technology 130

CPA Practice

OCTOBER 4, 2023

Traditional expense management solutions, which only track expenses after the fact, don’t offer the comprehensive visibility into spending and cash flow that SMBs need to effectively run their business. By comparison, modern spend & expense management solutions can provide proactive insights based on real-time data.

Spend Management 59

Spend Management Expense Management Account accountant 59

Airbase

AUGUST 2, 2023

This is referred to as spend under management (SUM), and is an extremely useful KPI at any stage Centralizing a decentralized world. SUM is a basic procurement metric that measures the proportion of an organization’s total managed and controlled spend through procurement processes.

Spend Management 130

Spend Management Spend Management Tools Spend Management System accounts payable 130

PYMNTS

DECEMBER 24, 2020

Amid shutdowns and travel restrictions, a dramatic decline in business trips had some in the industry wondering what the future of card spend would look like. After all, the corporate card is traditionally the payment method of choice for traveling employees, yet it had historically lacked a presence in the accounts payable (AP) department.

B2B 81

B2B accounts payable Entertainment Control Spend 81

PYMNTS

JUNE 20, 2016

Plus, a commercial card linked to a mobile app supports corporates’ need to become more flexible, whether it be to generate an expense report while in a taxi or for accounts payable professionals to review and approve transactions while away from their desks.

accounts payable 40

accounts payable Expense Management Control Spend Spend Management 40

PYMNTS

APRIL 2, 2018

In a live discussion with Karen Webster, Duvedi outlined the essentials that any good spend management approach should deliver and how businesses can measure the success of such programs. Controlling spend doesn’t have to mean giving employees less capital to work with, said Duvedi. Found Money. The Bottom Line on Benefits.

Spend Management 50

Spend Management Technology accounts payable Control Spend 50