CPA Practice

DECEMBER 17, 2023

As a result, finance leaders find their departments squarely in the spotlight—keeping a closer eye on their balance sheets, taking fewer risks, and focusing more on efficiency and value over growth. Accounts Payable (AP), in particular, has become ground zero as liquidity and cash flow become even more indispensable.

AP Automation

MineralTree

APRIL 4, 2024

From manually inputting invoice data to chasing down approvers for signatures, a traditional paper-based approval process contains many time-consuming, manual steps that slow down payments and sap resources. Automating invoice approvals with NetSuite in this way boosts accuracy and efficiency.

Approval Workflows

Airbase

NOVEMBER 2, 2023

Virtual cards are a game-changer for accounts payable departments. In addition to greater control, security, and flexibility, virtual card payments can save finance teams hours of tedious work. David Coffman, VP Finance at Doximity, says Airbase virtual cards play an integral role in cutting the company’s time-to-close in half.

accounts payable

MineralTree

NOVEMBER 30, 2023

Maintaining finance department efficiency is a constant challenge, especially for teams that rely on legacy technology and manual processes. The good news is that technological advancements have made it possible for finance departments to increase productivity and to do more with less. What are the Challenges in Finance?

Finance

CPA Practice

AUGUST 26, 2024

This can be frustrating, but even more so in the summer, when there are more family trips and activities we want to spend time on — and not spending time completing repetitive accounting tasks. Chief among the uses for automation in accounting are functions like accounts payable, accounts receivable, and spend & expense management.

Technology

MineralTree

SEPTEMBER 28, 2023

Today’s fast-paced business landscape demands unprecedented levels of efficiency and accuracy, especially in the finance sector. Under the finance umbrella, accounts payable (AP) is particularly ripe for digitalization, with the potential to streamline operations and enhance efficiency.

Finance

Airbase

DECEMBER 5, 2023

As businesses navigate the complexities of modern finance, the role of expense reports is an integral component essential to informed decision-making and sustainable growth. When they submit expense reports with incorrect categories, it falls to the finance team to resolve discrepancies. For a long time, finance teams faced a dilemma.

Approval Workflows

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. Traditional benefits of accounts payable automation.

AP Automation

CPA Practice

AUGUST 28, 2024

After voting by the awards committee panel each year, the top five products are presented as winners of the Tax and Accounting Technology Innovation Awards. as they promise to dramatically improve client services, firm management, small business accounting and many other areas of operations.

Technology

CPA Practice

AUGUST 28, 2024

Forwardly 2024 CPA Practice Advisor Innovation Award Winner [link] Forwardly exemplifies innovation in accounting as the first B2B real-time payment solution in the USA, transforming financial management for small businesses and accounting professionals.

Technology

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.

accounts payable

Airbase

JUNE 30, 2023

Balancing the competing demands of tighter budgets, environmental accountability, and business necessity requires greater visibility into travel arrangements. Finance must also navigate multiple systems for complete oversight of travel spending, including expense management platforms and corporate card statements.

NetSuite

MineralTree

OCTOBER 19, 2023

Accounts payable (AP) is a critical business function, responsible for protecting cash flow, maintaining good relationships with vendors, and ensuring compliance with financial regulations. 1 digital transformation priority for finance leaders. What Are the Types of Accounts Payable Software?

accounts payable

Accounting Insight

MAY 26, 2023

Cloud accounting business iplicit and global Software as a Service business Lightyear have joined forces to provide an accounts payable solution that can drastically cut the time and costs involved in the manual accounts payable process. The announcement was made ahead of the accountancy and finance conference Accountex London.

Accounts Payable Automation

CPA Practice

OCTOBER 11, 2023

With increasing corporate belt-tightening, finance leaders are focused on boosting the productivity of lean AP teams and taking measures to cut costs. MineralTree’s 2023 State of AP Report explores these trends and their significant impact on finance teams. According to a new survey, many are turning to automation to achieve this goal.

Finance

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

MineralTree

AUGUST 24, 2023

Are you relying on the current accounts payable (AP) workflow in QuickBooks Desktop or Online to manage your financial operations? The QuickBooks AP workflow includes tasks like invoice receipt, data entry, approval, and payment required to manage AP within the software. If so, you’re not alone.

accounts payable

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. Intuit Inc. Intuit is the maker of TurboTax , Credit Karma , QuickBooks , and Mailchimp.

quickbooks

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

MineralTree

NOVEMBER 2, 2023

Accounts payable is a foundational function that ensures organizations maintain accurate invoices, payments, and vendor relationships, while making bill payments on time. However, amidst today’s rapid and intricate business transactions, particularly in high volumes, managing accounts payable processes can pose significant challenges.

accounts payable

Cherry Bekaert

MARCH 22, 2024

For finance leadership and teams, this requires constantly analyzing, reforecasting, rethinking new data, and determining new approaches to drive business. As a long-standing strategic partner of Sage Intacct, Cherry Bekaert has the accounting and technical knowledge necessary to implement and optimize the platform.

general ledger

Acterys

NOVEMBER 7, 2023

Implementing a unified planning analytics solution allows you to consolidate workforce, finance, accounts and sales data into a single platform. These models enable efficient data analysis and reporting and seamless integration with existing systems, including ERP, accounting software, and SaaS platforms.

accounting and finance

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

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

Accounting Insight

JANUARY 18, 2023

Finance leaders, who once found themselves simply forecasting, budgeting, and reporting, are now responsible for defining a strategy for a company and seeking productivity improvements that increase growth potential. Old technology like Microsoft Excel simply cannot deliver what finance needs.

Technology

Accounting Seed

JANUARY 9, 2024

You can’t reach major business milestones if your accounting processes and technologies are outdated. Here are the top 5 tips for better accounting processes in 2024, and the ways Accounting Seed on Salesforce can support you along the way. How can Accounting Seed help? How can Accounting Seed help?

Technology

Accounting Insight

JUNE 26, 2024

Dext is bringing its three products into a single Bookkeeping Automation platform and will release new features to automate employee expenses, simplify approval workflows and more. The post Dext unveils plans for Bookkeeping Automation platform and a raft of new features appeared first on Accounting Insight News.

bookkeeping

MineralTree

OCTOBER 26, 2023

Automation is reshaping the way companies manage their financial operations, especially in accounts payable (AP). Understanding how AP automation works and how it streamlines AP processes is vital to keeping your company ahead of the curve in a rapidly evolving business finance landscape.

AP Automation

CPA Practice

SEPTEMBER 23, 2023

At its third annual Illuminate conference , Tipalti , the leading global finance automation platform, today announced the general availability of Tipalti Expenses , a comprehensive solution for automating and managing employee spending and reimbursements globally.

Expense Management

Dent Moses

APRIL 3, 2024

Expense reimbursement remains a significant challenge for many businesses in the accounting landscape. Expense reimbursement problems are commonly rooted in paper-based systems, which result in lost receipts, data entry errors, and delayed approvals. This is where your accounting firm becomes a valuable partner.

Expense Reimbursements

Dent Moses

APRIL 1, 2024

Expense reimbursement remains a significant challenge for many businesses in the accounting landscape. Expense reimbursement problems are commonly rooted in paper-based systems, which result in lost receipts, data entry errors, and delayed approvals. This is where your accounting firm becomes a valuable partner.

Expense Reimbursements

MineralTree

DECEMBER 14, 2023

Digital invoice approval involves reviewing, approving, and processing invoices electronically prior to payment. An electronic approval workflow takes out the paper-based component of this process to improve transparency, allowing teams to accurately track the status of their invoices.

accounts payable

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

MineralTree

NOVEMBER 9, 2023

This is especially important for accounts payable (AP) teams, where timely and accurate data flow is essential. Features like automated invoice processing and payment approval workflows streamline AP processes both in a top-level or entity-level structure. More information on each of our ERP integrations can be found here.

AP Processes

MineralTree

FEBRUARY 15, 2024

Is your accounts payable (AP) check run holding your business back? The AP check run remains a pain point for many finance departments who rely on manual processes and outdated solutions to manage AP — in turn, causing check run delays and hiccups. What is a check run in accounts payable?

AP Automation

Accounting Insight

FEBRUARY 16, 2023

If your business is scaling, it’s likely that so is your finance team. It also leaves finance teams in the dark about expenses instead of giving them vital real-time visibility over company spending. You and your finance team can build in custom spend categories via the platform. Take expenses, for example.

payroll

CPA Practice

MAY 26, 2023

NetSuite for Gover nment provides a single, integrated suite for streamlined accounting, grants management, payroll, planning and budgeting, human resource management, and more. This empowers agencies to increase automation, transparency, and operational efficiency, while getting the fast, accurate data needed to help make better decisions.

NetSuite