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What Is AP Automation and How Can It Help Your Business?

Accounting Seed

Accounts Payable (AP) automation is the use of technology to digitize and optimize the invoice-to-payment process within an organization. This technology addresses a major drain on finance teams’ resources: the manual, repetitive work that consumes hundreds of hours annually. ” While 63% of U.S.

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Does My Accounting Software Meet DCAA Compliance?

Accounting Seed

You can make your life easier and guarantee smooth audits by using accounting software that helps government contractors meet DCAA compliance. Being DCAA compliant means the organization has systems and procedures in place to comply with the DCAA audit. The DCAA doesnt give accreditation or approval to these systems.

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Tipalti buys Statement to add treasury automation capacities

Accounting Today

EDT 2 Min Read Facebook Twitter LinkedIn Email Payments platform Tipalti announced it has acquired Statement , an AI-powered treasury automation solution. Tipalti provides a suite of finance automation solutions for accounts payable, global payouts, procurement, employee expenses, corporate cards, supplier management and tax compliance.

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Tax workflow for accounting firms: Best practices and automation tips

ThomsonReuters

Let’s take a look at what a digital tax workflow is all about and how it can unlock efficiencies for your accounting firm. What is tax workflow automation? Individual versus business tax returns: Differences in tax workflows Tax workflow best practices What is the best tax workflow software? What is tax workflow automation?

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Simplify Expense Management with Fyle and AccountingDepartment.com

AccountingDepartment

Below, we’ll explore how Fyle’s array of features transforms expense management and why it’s the perfect addition to your accounting toolkit. Fyle automates this process, making expense tracking easier than ever. Fyle allows users to scan receipts directly from their smartphones with its OCR (Optical Character Recognition) technology.

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What’s paralysing UK finance decision-makers with fear?

Accounting Insight

New research released today, by UK accounting software provider iplicit, has revealed that the fear of losing historical financial data is the major barrier to upgrading from legacy accounting systems. This fear is becoming a significant barrier to technological advancement. Yet, it is largely unfounded.

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Top 6 Benefits of Outsourcing Accounting Services for Your Business in 2025

Analytix Finance & Accounting

Outsourcing accounting activities can free up valuable hours that you and your team can dedicate to strategic initiatives, customer relationships, product development, and other growth-focused activities. Professional accounting firms use streamlined processes, specialized software, and automation tools that increase accuracy and efficiency.