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AP Automation Is Ready For WFH Accounting

PYMNTS

AP automation is stepping into the void this has created with configurable, secure systems. American Express recently launched one such ready-to-fold-in AP solution, which is designed to work with the accounting systems that businesses already have in place. And while Amex is a big fish, the AP automation pool is getting bigger.

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Paychex Links Data To QuickBooks In Real Time

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“At the center of any successful business is an accounting system fueled by data,” said Tom Hammond, Paychex vice president of corporate strategy and product management, in a statement. In October, supplier payments automation firm Tipalti also announced its QuickBooks Online integration.

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How SME Accountants Can Compete With Software

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So, why, then, would a corporate accounting and consultancy firm want to introduce its own, sophisticated cloud-based accounting tool for its SME clients? That’s what accounting, consulting and advisory firm BDO is doing. .

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Why Supply Chain Execs Struggle To Analyze Costs

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According to researchers, “providing information only in financial, and not operational, terms is a common failure of accounting systems, resulting in non-actionable information and missed opportunities to generate needed conversations.”

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Closing The Books Is Now A Lesson In Corporate FinTech Innovation

PYMNTS

Corporate accounting software is now a continually evolving space, but progress doesn’t occur in a vacuum: External forces and trends, from changing regulations to increased adoption of FinTech by the enterprise, force businesses to adjust how they record and report financial data. Open Banking initiatives in the EU, U.K.,