MineralTree

AUGUST 24, 2023

Are you relying on the current accounts payable (AP) workflow in QuickBooks Desktop or Online to manage your financial operations? The QuickBooks AP workflow includes tasks like invoice receipt, data entry, approval, and payment required to manage AP within the software. If so, you’re not alone.

accounts payable 70

accounts payable quickbooks AP Automation AP Processes 70

PYMNTS

JUNE 12, 2019

In an interview with Doug Cranston, vice president of product management at Bottomline, the executive noted that in the age of speed, fraudsters are able to more easily exploit firms’ vulnerabilities, compromise their accounts payable process and get away with ill-gotten gains, often to vanish without a trace.

accounts payable 62

accounts payable Account accountant accounted 62

PYMNTS

JANUARY 29, 2019

Straight-through processing (STP) is the gold standard for accounts payable (AP) departments. For businesses that do experience a high volume of exceptions, the AP department can remain a manual area of the enterprise, even with technological adoptions.

accounts payable 64

accounts payable Technology Account accountant 64

Airbase

JANUARY 11, 2023

Asking employees for required documentation — often repeatedly. Not only are these manual processes a waste of a significant investment in education, but they’re also more likely to result in mistakes. To solve these problems and free up time for more meaningful work, we’re focused on automating and consolidating the full AP process.

Technology 130

Technology Spend Management Platform accounting and finance Expense Reimbursements 130

PYMNTS

FEBRUARY 14, 2019

Cloud-based accounts payable solution provider Esker is teaming up with document services unit Fuji Xerox to deploy accounts payable solutions across the Asia Pacific region, the companies announced on Wednesday (Feb. Moving forward the firms will expand the offering to Australia, Hong Kong and Singapore.

accounts payable 43

accounts payable AP Automation Technology AP Processes 43

Airbase

JANUARY 13, 2023

However, proper data management and double-checking the data will remain important to maintain the accuracy of the invoicing process. 3-way match is a process used in accounts payable to ensure that invoices are accurately matched to the correct purchase order and corresponding goods received note (also called the receiving report).

Technology 130

Technology Approval Workflows NetSuite Spend Management 130

PYMNTS

DECEMBER 15, 2020

Buyers, too, are eager for change and need to adopt accounts payable (AP) methods that are easily managed by employees working from home. De ep Dive: Giving Invoice Processing A Digital Boost. The pandemic has left vendors struggling and more concerned than ever that they receive their funds without delay.

Healthcare 107

Healthcare B2B Technology accounts payable 107

PYMNTS

MAY 13, 2020

Accounts payable (AP) tools that provide quick, detailed oversights of businesses’ financial statuses and payments obligations can help pick up the pace of payments by keeping invoice approval processes on track. Around The AP Automation World. Three-Way Invoice Matching Brews Up Better AP Processes.

AP Automation 79

AP Automation AP Processes Technology accounts payable 79

Cherry Bekaert

MARCH 22, 2024

The platform also offers numerous benefits for your core financial functions, including accounts payable, accounts receivable, cash management, general ledger, order management and purchasing. You can automate your processes, submit invoices by email, and offer more payment options.

general ledger 115

general ledger accounts payable Technology accounting and finance 115

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. ” This challenge has only increased during the pandemic. Why the difference?

accounts payable 52

accounts payable AP Automation Account accountant 52

Accounting Insight

JANUARY 8, 2024

To help this collaboration, businesses should take steps such as implementing AI and automation tools to detect any suspicious activities or anomalies within the Accounts Payable (AP) process. By Valerie Mazzoni-Colin, VP Global Product Marketing, Finance and Document Automation at Quadient Accounts Payable.

accounts payable 105

accounts payable B2C Technology accounting and finance 105

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. This will eliminate lost documents and storage,” he said.

AP Processes 46

AP Processes AP Automation Technology accounts payable 46

MineralTree

JANUARY 11, 2024

However, accounts payable (AP) automation can make electronic payments in ERP systems , like Netsuite, much easier. AP automation technology enables streamlined and error-free payment processing while maximizing the potential of NetSuite electronic payments and accelerating ROI.

AP Automation 81

AP Automation NetSuite Technology AP Processes 81

PYMNTS

JUNE 24, 2020

One fact has clearly surfaced in the interval between pandemic lockdowns and phased reopenings, and it’s this: accounts payable (AP) can’t cut it manually anymore. AP automation’s time is now, but it’s not a one-size-fits-all proposition. The Last Days of Paper?

AP Automation 95

AP Automation Technology Account accountant 95

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. At the same time, corporates are at risk of significant losses – in money and productivity – by failing to fully embrace AP automation.

Technology 63

Technology AP Automation accounts payable Accounts Payable Automation 63

MineralTree

SEPTEMBER 28, 2023

To keep pace with these changes, it’s imperative for financial functions to rethink their processes to boost productivity. Under the finance umbrella, accounts payable (AP) is particularly ripe for digitalization, with the potential to streamline operations and enhance efficiency. per invoice on average.

Finance 78

Finance AP Automation AP Processes Technology 78

Accounting Insight

APRIL 14, 2025

From setting budgets, creating forecasts and ensuring invoicing and procurement remain up to date, to reducing the risk of human error, improving compliance and giving finance decision-makers real-time insight, the automation of the Accounts Payable process through an all-in-one Purchase-to-Pay solution delivers proven benefits.

Finance 40

Finance Technology accounting and finance accounts payable 40

MineralTree

OCTOBER 5, 2023

Read on to learn the benefits of streamlining and optimizing the accounts payable month-end close process, including information on best practices and the role of automation in achieving operational excellence. What Is the Month-End Close Process in Finance?

AP Automation 76

AP Automation accounts payable AP Processes accounting and finance 76

PYMNTS

OCTOBER 29, 2018

Accounts payable (AP) automation certainly has the potential to transform the invoice-to-pay process by allowing employees to turn their attention from monotonous, manual tasks to more value-added ones. Transforming AP departments in this way, though, is no straight-forward task — for more reasons than one.

Technology 73

Technology AP Automation B2B accounts payable 73

MineralTree

FEBRUARY 15, 2024

Is your accounts payable (AP) check run holding your business back? The AP check run remains a pain point for many finance departments who rely on manual processes and outdated solutions to manage AP — in turn, causing check run delays and hiccups. What is a check run in accounts payable?

AP Automation 78

AP Automation accounts payable Technology accounting and finance 78

MineralTree

SEPTEMBER 7, 2023

Accounts payable (AP) teams have long struggled with manual invoice approvals that involve chasing down signatures and slogging through mountains of paperwork. 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.

Approval Workflows 77

Approval Workflows AP Processes Technology quickbooks 77

PYMNTS

NOVEMBER 16, 2018

By its very nature, accounts payable (AP) is a cost center: It’s where money leaves the enterprise, after all. However, as with so many back-office enterprise functions, AP is now shifting its reputation as one that can add value to businesses. “It’s about having a strong business case internally.”

AP Automation 63

AP Automation Technology accounts payable AP Processes 63

PYMNTS

FEBRUARY 12, 2020

In other Esker news, the company partnered with Fuji Xerox , a document services unit, about a year ago to offer accounts payable (AP) solutions across the Asia Pacific region. The goal was to help companies improve efficiency in their AP processes as well as boost the performance of cash flow.

AP Processes 69

AP Processes accounts payable Technology Account 69

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.

CPA 106

CPA Technology accounts payable Accounts Payable Automation 106

MineralTree

DECEMBER 7, 2023

For accounts payable (AP) teams, vendor payments are the cornerstone of business relationships. The streamlined process eliminates the need for paper checks and the associated manual processes. Get in touch to learn how MineralTree can enhance your B2B transactions and streamline your AP processes.

AP Automation 79

AP Automation accounts payable AP Processes accounting and finance 79

CPA Practice

SEPTEMBER 23, 2024

Global automation platform provider Quadient has been recognized as a Technology Leader in the “SPARK Matrix: Accounts Payable Automation” report, a detailed analysis of the accounts payable (AP) automation market by independent analyst firm QKS Group.

AP Automation 52

AP Automation Technology Accounts Payable Automation accounts payable 52

PYMNTS

DECEMBER 3, 2020

Plus, Basware enhances its accounts payable (AP) offering, CardUp eases commercial card adoption, Kofax adds new AP features and the Federal Reserve eyes bank lending. Kofax Adds New AI Features for Accounts Payable. The new solutions will go further toward transforming AP processes with automation.

B2B 60

B2B accounts payable AP Automation AP Processes 60

MineralTree

NOVEMBER 9, 2023

This is especially important for accounts payable (AP) teams, where timely and accurate data flow is essential. An Overview of MineralTree’s Integration Capabilities MineralTree offers a wide range of ERP integration options , simplifying the transition to digital AP processes.

AP Processes 72

AP Processes AP Automation Approval Workflows NetSuite 72

MineralTree

NOVEMBER 30, 2023

With hiring freezes and budget cuts in play, it’s natural that 59% of finance leaders say doing more with less is a top issue for accounts payable (AP) teams in the current economic climate. Automating these tasks reduces manual data entry , minimizes the risk of errors, and accelerates the entire AP cycle.

Finance 91

Finance AP Automation Approval Workflows Technology 91

MineralTree

MARCH 30, 2023

Accounting for franchises is a complex web of responsibilities. 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.

AP Automation 79

AP Automation Account accountant accounted 79

PYMNTS

MAY 28, 2019

Driving efficiency in accounts payable (AP) can stem from an array of efforts. Adopting electronic payments and getting rid of paper checks is certainly one way to boost AP efficiency. “It’s rare that companies have the chief procurement officer, the head of accounts payable and treasurer all aligned.

accounts payable 59

accounts payable Procure to Pay Platform Technology accounting and finance 59

PYMNTS

JUNE 19, 2020

Businesses that have stuck with paper-based accounts payable (AP) processes are feeling the heat as the COVID-19 pandemic makes it unsafe for staff to conduct manual invoice and payment processing from their offices. Companies are starting to realize old-school methods’ limitations, however. About The Tracker .

AP Automation 61

AP Automation Technology accounts payable AP Processes 61

PYMNTS

MAY 12, 2016

What’s next for enterprise mobility could be anyone’s guess, but some analysts have made their prediction: accounts payable. The firm broke it all down in a recent report: “ 3 Ways Mobile Solutions Address Today’s Top Accounts Payable Challenges.” Streamlining Exceptions Resolution.

accounts payable 40

accounts payable AP Processes Technology Accounts Payable Automation 40

PYMNTS

FEBRUARY 24, 2016

But in a new whitepaper published by document automation firm Esker , the firm acknowledges that executives facing friction in accounts payable departments very well could be championing the adoption of sophisticated solutions; it may just take a bit of effort to convince the rest of the team to get the ball rolling.

AP Automation 40

AP Automation AP Processes accounts payable Technology 40

PYMNTS

NOVEMBER 26, 2020

Vodicka recently told PYMNTS about how firms’ B2B transaction strategies are shifting, including how business clients are adopting new AP technologies to streamline and accelerate payments and how companies like Dell are responding with AR modernizations. . Digitizing AP Processes.

B2B 67

B2B Technology accounts payable AP Processes 67

PYMNTS

AUGUST 14, 2019

About 42 percent of respondents to the survey said that the negotiation portions of their processing are done entirely through manual means. Much of the inefficiency can be solved through adopting a software suite that spans a continuum of accounts payable (AP) functions, said Nadaud.

accounts payable 66

accounts payable AP Processes Healthcare Technology 66

MineralTree

JANUARY 12, 2023

Automated payments help accounts payable (AP) teams quickly pay suppliers and process invoices by streamlining manual, convoluted AP workflows. Centralized system of record: AP automation increases organization by centralizing and managing all AP documents onto a single cloud-based platform.

Technology 80

Technology AP Automation AP Processes Approval Workflows 80