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AP Automation Company Stampli Nets $61M in VC Funding

CPA Practice

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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The major benefits of AP Automation.

Airbase

Automation replaces the manual accounts payable process with software that can make everyone more efficient and lead to cost savings. Table of Contents FirstHeading What is AP automation? Using AP automation software. Features of AP automation software. 11) AP anytime, anywhere.

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Strategies for Companies Facing an Economic Downturn & Inflation

MineralTree

The right tools like an AP automation solution, will reduce duplicate payments , leading to better vendor relationships and more efficiency across the AP team. Another option is to sell off non-core assets such as excess real estate, vehicles, or equipment. This will generate cash while reducing storage costs.

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AvidXchange: Automating HOA Payables Is Harder Than It Sounds

PYMNTS

The multi-year partnership will serve Premier Community’s HOA management customers by creating access to AvidXchange’s accounts payable (AP) automation and payment tool, which Praeger said can alleviate some of the worst delays and challenges in the vertical.