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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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Sage Intacct – Automating to Save You Time 

Withum

Sage Intacct has many automated features that can help you ensure your company’s books are correct with less effort from you. Outlier Detection for General Ledger. Outlier detection is an automated, machine-learning feature that can flag inconsistencies and alert you to issues so you can focus your review on what matters.

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Accounts payable vs. accounts receivable: What are the differences?

ThomsonReuters

Accounts payable (AP) , is the list of all amounts a company owes to its vendors. Generally, when an invoice is received, it’s recorded as a journal entry and posted to the general ledger. A job in accounts payable can be stressful if a business relies on manual processes.

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The major benefits of AP Automation.

Airbase

Using AP automation software. Features of AP automation software. The importance and evolution of accounts payable. ERP/General ledger vs transaction solutions. Traditional benefits of accounts payable automation. 1) Automating mundane tasks for increased productivity.

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Everything you need to know about accounts payable

ThomsonReuters

It includes all of the bills a company owes to vendors and suppliers for goods and services provided to the business before they are paid. Because accounts payable entries are not immediately paid, they are listed as a current liability on a business’ general ledger and balance sheet.