Ryan Lazanis

APRIL 4, 2022

In this article, you’ll learn: What accounts payable automation is. 11 different benefits of automating this process. The best tools to automate A/P. How to specifically automate A/P. What is Accounts Payable Workflow Automation. You’ve come to the right place. Let’s dive in!

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accounts payable Technology Accounts Payable Automation AP Automation 96

PYMNTS

AUGUST 28, 2019

Accounts payable automation company AvidXchange is strengthening its position in the banking and financial services sector through the acquisition of BankTEL, the company said Tuesday (Aug. AvidXchange has reached an agreement to acquire BankTEL Systems, which provides accounting technology to banks.

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AP Processes accounts payable Accounts Payable Automation Technology 59

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.

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AP Automation Technology AP Processes accounts payable 76

MineralTree

JUNE 1, 2023

QuickBooks is a popular accounting software for small and mid-sized businesses. Integrating QuickBooks with a compatible accounts payable automation software helps finance teams digitize their entire AP process. This is especially true when the process involves manual data entry.

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accounts payable quickbooks AP Automation AP Processes 75

Accounting Seed

FEBRUARY 6, 2024

February 6, 2024] — Accounting Seed , the #1 accounting solution built on the Salesforce Platform, unveiled its first product offering of the new year, AP (Accounts Payable) Automation. Columbia, Md.

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MineralTree

MARCH 16, 2023

What is Accounts Payable Outsourcing? Accounts payable outsourcing is the business practice of partnering with a third-party AP outsourcing firm to fully offload the handling of your organization’s AP processes. What Is Accounts Payable Automation?

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AP Automation accounts payable Technology Accounts Payable Automation 88

CPA Practice

SEPTEMBER 7, 2023

With BILL Spend & Expense becoming an integrated part of BILL’s integrated platform of solutions for accounts payable, accounts receivable, and spend and expense management, businesses can have better insight, control and efficiency over their cash flow.

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Accounts Payable Automation accounts payable Expense Management AP Processes 59

Accounting Insight

JANUARY 2, 2024

million subscribers worldwide to run their business accounting online and in one place. When combined with Quadient’s AP automation solution, users benefit from seamless synchronisation of all AP processes. Xero helps 3.95

Technology 59

Technology accounts payable Accounts Payable Automation AP Automation 59

PYMNTS

AUGUST 21, 2019

The drive to eliminate paper in the accounts payable process, to cut the steps that lead to inefficiencies, continues to get a boost from technology. But, as he noted, procure-to-pay processes involve manual labor across several steps.

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AP Processes AP Automation accounts payable Technology 46

PYMNTS

JANUARY 31, 2021

We are thrilled to partner with OnPay [Solutions] and introduce our clients to the incredible benefits of accounts payable automation,” said Lindsay Tsumpes , co-CEO of CapX, in the release. She said some organizations hadn’t evaluated the costs because they were “baked into” how they were looking at department expenses.

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AP Automation Technology Accounts Payable Automation accounts payable 67

Accounting Insight

MARCH 17, 2023

To help curb the effect of inflation and recession on the bottom line, the key is to challenge the internal costs, more specifically, the internal costs of the purchasing chain and processes. One of the critical areas where we can do this is in our Accounts Payable (AP) process.

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AP Automation AP Processes accounts payable Accounts Payable Automation 52

PYMNTS

NOVEMBER 21, 2018

Outsourcing key functions of the enterprise may allow professionals to finally turn their attention away from the minutiae of manual processes and toward more strategic, value-added activities. High vendor volume and supplier turnover rates, for instance, are among the biggest challenges to AP automation.

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Technology AP Automation accounts payable Accounts Payable Automation 63

CPA Practice

OCTOBER 11, 2023

Some key themes highlighted in the report, include: Recessionary headwinds, rising costs and hybrid workplaces are pressuring AP teams to do more with less With increasing corporate belt-tightening, finance leaders are focused on boosting the productivity of lean AP teams and taking measures to cut costs.

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Finance AP Automation AP Processes Approval Workflows 59

MineralTree

JUNE 29, 2023

Improved Visibility into the Payment Process Since vendors depend on timely payments to fuel their cash flow, they need to stay on top of the status of customer payments. Nearly half (44%) of vendors said that AP teams didn’t respond to their payment inquiries in a satisfactory or prompt manner.

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PYMNTS

OCTOBER 27, 2016

APConnector supports payments made via virtual card and automatically captures data for remittance and reconciliation purposes, the bank said, and enables treasurers and financial professionals to remove manual AP processes and payment methods more easily. The company focuses on accounts payable automation software.

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accounts payable Accounts Payable Automation AP Processes B2B 62

PYMNTS

JUNE 16, 2016

Accounts payable automation can provide an array of solutions to some of the most friction-rich business processes. From saving money by ditching paper to gaining a more sophisticated view of cash positions, AP solutions are adopted for different, often multiple reasons.

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AP Automation accounts payable AP Processes Accounts Payable Automation 41

PYMNTS

MAY 22, 2017

And when it comes to accounts payable automation, we focus our development on easy administration and vendor enrollment, because we believe those are the two biggest drivers of a successful program,” said Comdata Senior Vice President of Product and Strategy Vijay Ramnathan. We are a technology company first and foremost.

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Technology Accounts Payable Automation accounts payable AP Processes 40

PYMNTS

MAY 12, 2016

The firm added that the mobile device can smooth out the areas of accounts payable that take the most time, but to do so, AP processes must embrace automation. According to Esker, that demand comes with an increasing need not only for transparency but for faster insight into the data AP professionals seek.

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accounts payable AP Processes Technology Accounts Payable Automation 40

Going Concern

MAY 24, 2023

Flow by Nanonets is the ultimate solution for Accounts Payable Automation. Developed by the same expert team that created Nanonets, Flow offers powerful AI and machine learning models that automate the entire accounts payable process, end to end, from approvals to payments.

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PYMNTS

AUGUST 17, 2020

For these and related reasons, CFOs are starting to settle on solutions as the COVID cloud lifts and they can better visualize the system upgrades required for accounting’s new normal. The report delivered particular insight into American businesses’ priorities as 66 percent of respondents were located in the U.S.

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AP Automation Technology accounts payable AP Processes 61

PYMNTS

JULY 26, 2018

Danielle Simer, solution marketing manager at Hyland, said that a lack of change, in terms of how AP professionals are adopting effective automated strategies, could possible signal a lack of understanding about accounts payable automation altogether.

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AP Automation Technology accounts payable AP Processes 40

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

PYMNTS

AUGUST 17, 2018

It’s why Alan’s capabilities are limited so far: While the bot could potentially handle every part of the accounts payable (AP) process from start to finish, the industry would be more receptive to the solution if it could automate aspects of AP “piece by piece.”

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Account accountant accounted Technology 44

PYMNTS

FEBRUARY 19, 2018

In the B2B realm, the movement to get suppliers paid on time may become a struggle, mired as AP management is in the paper chase of manual effort. In the latest Topic TBD, Chen Amit, CEO of payables automation company Tipalti , told PYMNTS’ Karen Webster that automating the AP process lets management focus on, well, managing.

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PYMNTS

NOVEMBER 13, 2019

Wardwell said bringing all invoices — regardless of format — onto a single platform gives the buyer a more holistic view of payables and cash flow. With a nod to the partnership model, the Bottomline Technologies VP said FinTechs have helped drive the evolution of accounts payable automation.

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AP Automation Technology accounts payable Accounts Payable Automation 46