PYMNTS

DECEMBER 16, 2016

Though many financial institutions recognize the opportunity to help middle-market businesses automate their AP payments, they have not been able to fully capitalize on the opportunity. Here the elusive payments opportunity meets or, in fact, doesn’t meet, the elusive audience: accounts payable automation for middle-market firms.

Technology 61

Technology AP Processes accounts payable Accounts Payable Automation 61

MineralTree

FEBRUARY 29, 2024

Efficient digital payments are critical for accounts payable (AP) teams to streamline the AP process and maintain strong relationships with vendors. However, managing payments through QuickBooks alone involves resource-intensive manual processes and limits teams’ ability to handle diverse invoice types.

AP Automation 52

AP Automation quickbooks Technology AP Processes 52

MineralTree

MARCH 16, 2023

For example, many businesses incorporate AP automation , e-invoicing, and other digital tools to quickly gain an edge over their competitors. Offloading and outsourcing AP tasks to avoid retraining teams or hiring more staff is another method used by finance teams to modernize their back office.

AP Automation 88

AP Automation accounts payable Technology Accounts Payable Automation 88

MineralTree

OCTOBER 19, 2023

It’s no surprise that MineralTree’s State of AP Report identified the AP function as the No. Modern accounts payable software solutions can help businesses transform their AP function, automate AP processes, and overcome manual inefficiencies. What Are the Types of Accounts Payable Software?

accounts payable 75

accounts payable AP Automation AP Processes Approval Workflows 75

MineralTree

SEPTEMBER 7, 2023

But in today’s increasingly digital business world, many AP teams are turning to automation to enhance their workflows — and the invoice approval process is no exception. By embracing AP automation , these teams can streamline their processes and speed up invoice processing times while also improving vendor relationships.

Approval Workflows 77

Approval Workflows AP Processes quickbooks Technology 77

MineralTree

JANUARY 12, 2023

What are Automated Invoice Payments? Automated invoice payments for businesses refer to when a company digitizes the way they pay their vendors. Automated payments help accounts payable (AP) teams quickly pay suppliers and process invoices by streamlining manual, convoluted AP workflows.

Technology 80

Technology AP Automation AP Processes Approval Workflows 80

PYMNTS

OCTOBER 10, 2019

A simple mistake, such as incorrect information entered into an accounting system, can result in delayed payments, or even payments made to the wrong organizations. . Companies can alleviate these troubles and better manage their AP operations with solutions that automate every step from invoice receipt to payment.

Technology 46

Technology AP Automation AP Processes accounts payable 46

MineralTree

MARCH 30, 2023

Teams have to manage multiple entities, all the while maintaining consistency and streamlining processes across each location. Accounts payable (AP) automation has become a popular tool for franchises to overcome these obstacles. What are the Challenges of Franchise Accounting? accuracy in line item information.

AP Automation 79

AP Automation Account accountant accounted 79

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. What are the benefits of AP digital transformation? Why the difference?

accounts payable 52

accounts payable AP Automation Account accountant 52

PYMNTS

JUNE 6, 2019

Technology and automation have made inroads into several areas of everyday life — witness the rise of digital assistants and autonomous vehicles. However, in the business realm, some everyday functions remain untouched by tech that can save money and, especially, time. Solving Friction Points.

Technology 71

Technology accounts payable AP Processes B2B 71