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The major benefits of AP Automation.

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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.

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Nexus, Entrata Link Commercial Real Estate Offerings

PYMNTS

Commercial real estate accounts payable platform seller Nexus and property management software producer Entrata have integrated their services, the companies announced Tuesday (Oct. Nexus and Entrata both serve multi-family, student housing, commercial real estate, mixed retail and senior housing, according to the companies.

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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.

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Nexus Pulls AP Tech Into Real Estate

PYMNTS

Nexus Systems is partnering with a real estate technology company to help the industry adapt to more sophisticated accounts payable and procurement processes. 17) said Nexus is teaming up with MRI Software to develop an AP and procure-to-pay solution fit for the real estate sector. Reports Thursday (Nov.

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How AP Automation Goes Beyond Cost-Cutting For Businesses Willing To Change

PYMNTS

By its very nature, accounts payable (AP) is a cost center: It’s where money leaves the enterprise, after all. However, as with so many back-office enterprise functions, AP is now shifting its reputation as one that can add value to businesses. “It’s about having a strong business case internally.”

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How to Conduct a Cash Flow Analysis

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Cash Flow from Investing Activities Investment cash flow represents all cash made or spent on things like equipment, company vehicles, real estate, or stocks. Cash Flow from Financing Financing cash flow accounts for cash raised or spent on financial activities like loans, share repurchases, dividends, and similar financial products.

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AvidXchange Names New COO and CPO

CPA Practice

AvidXchange, a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, has announced that John Feldman has been elevated to the role of Chief Operating Officer of AvidXchange, Inc.