Airbase

OCTOBER 25, 2023

If any finance process is overdue for innovation, it’s procurement. Finance teams who must accurately record all transactions, 3. Let’s take a look at IDC’s research and what it means for finance teams. This is why we’re seeing intake solution providers adding accounts payable automation to their offering.

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accounts payable AP Automation Approval Workflows Technology 130

CPA Practice

OCTOBER 3, 2023

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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PYMNTS

AUGUST 10, 2020

Investigators examining alleged wrongdoing at once high-flying UAE healthcare provider NMC Health are exploring whether the company falsified drug orders to inflate the books of a related company through which NMC raised debt, the Financial Times reported on Monday (Aug.

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PYMNTS

JUNE 25, 2019

Bank has teamed up with accounts payable automation firm Inworks to streamline business-to-business payments within the healthcare sector. In a press release on Monday (June 24), the firms said their tie-up will connect hospitals and other companies in the healthcare services space with B2B payments and other financial services.

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PYMNTS

OCTOBER 20, 2020

Accounts payable and payments automation solution MineralTree has added automated PO and invoice matching for cloud-based accounting and financial management platform Sage Intacct , a press release says.

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AP Automation accounts payable Technology Healthcare 52

MineralTree

JANUARY 26, 2023

Payment Operations Today Today’s finance teams are under immense pressure to become more strategic. In order to address these gaps, they must first get a clear picture of their finances. This is one key reason why Accounts Payable was reported as the top digitization priority for the back office for the last two years.

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PYMNTS

JULY 2, 2020

Often at the center of this initiative is the accounts payable (AP) department — and unsurprisingly for these volatile times, the strategy can turn toward lengthening the days payable outstanding (DPO). ” The healthcare industry is one area where these conversations are happening more frequently.

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PYMNTS

NOVEMBER 4, 2019

The average payout sum for the third quarter of 2019 is an increase compared to the same period last year, with the professional services, public sector, healthcare, software services and retail industries most commonly targeted by such fraud schemes, according to Bank Info Security reports. 777 million was stolen from U.K.

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MineralTree

DECEMBER 22, 2022

What does digital transformation mean in Accounts Payable? Digital transformation in Accounts Payable (AP) occurs when teams use technology to automate and streamline manual processes across the back office. APQC reports that industries using manual accounts payable invoice processing typically pay more in labor expenses.

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PYMNTS

SEPTEMBER 27, 2019

s Nationwide Building Society did not disclose how much it invested in BankiFi , but it did say that it’s support to the open banking FinTech comes as Nationwide plans to launch a business current account. Offering corporate users, CFOs, accountants and other finance professionals on demand, Paro, based in the U.S.,

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Airbase

NOVEMBER 15, 2023

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. The importance and evolution of accounts payable. Using AP automation software.

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AP Automation Technology accounts payable Accounts Payable Automation 130

MineralTree

JANUARY 5, 2023

The Current State of Finance. While these three areas are top of mind for finance leaders, they represent just a fraction of the challenges facing teams as they prepare for the future. Keep reading to learn more about the different types of obstacles standing in the way of today’s finance departments. Staffing Issues.

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Finance AP Automation Technology accounting and finance 55

inDinero Accounting

JANUARY 9, 2023

Table of Contents What Makes Accounting Services for Startups Different? Why Is Accounting Important for Startups? However, a lack of accounting experience and knowledge can be a hindrance, especially for startups which need to be agile and primed for rapid growth. What Makes Accounting Services for Startups Different?

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inDinero Accounting

JANUARY 9, 2023

What Makes Accounting Services for Startups Different? Why Is Accounting Important for Startups? How to Select the Right Startup Accountant. Getting Started with Startup Accounting. Accountants’ specialized knowledge can support your startup business in many ways. Table of Contents. Getting into legal troubles.

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Cherry Bekaert

OCTOBER 25, 2023

It effortlessly pulls data from accounting systems, CRMs, sales platforms and other relevant sources, ensuring that data is up-to-date and accurate. The platform’s audit trails meticulously track changes to financial data, ensuring transparency and accountability. For instance, let’s examine the healthcare industry.

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PYMNTS

JANUARY 17, 2020

Accounts payable (AP) and payment automation solution company AvidXchange has raised $260 million in equity capital in a financing round, according to a press release. businesses still pay bills with paper checks, accounting for more than $2.7 More than 60 percent of U.S.

Finance 52

Finance accounts payable accounting and finance Healthcare 52

MineralTree

APRIL 6, 2023

They are commonly used within the finance department, including accounts payable , accounts receivable, and purchasing. They are especially critical for accounting teams; so much so that 89% of companies view them as a necessity for the department.

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PYMNTS

JULY 3, 2019

Cash flow is a fickle beast for any organization, but in the healthcare sector, bottlenecks and friction points are aplenty thanks to issues like late patient payments, insurance payouts and negotiations, and refunds. Unfortunately, accounts payable automation in the healthcare sector is far from ubiquitous.

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Hospitality accounts payable Healthcare Technology 46

Snyder

FEBRUARY 1, 2023

In 2023 even if you been living in the middle of nowhere, you must have come across various types of automation, starting from cookie-based advertising and automated bank notifications going all the way to stock markets and accounting automation. Almost every aspect of our lives , in some way or another, is influenced by digital automation.

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PYMNTS

FEBRUARY 1, 2021

Plus, OnPay strikes accounts payable partnership and an OECD digital tax deal looms. Business payments firm FLEETCOR Technologies has acquired accounts payable (AP) platform provider Roger, Fleetcor announced in a press release. German Finance Minister Says OECD Digital Tax Deal Likely by Summer.

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