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Accounts payable automation: the ultimate game changer for accounting firms

Accounting Insight

Accounts payable automation, also known as AP automation or invoicing automation, is the process of automating accounts payable processes and activities while collecting the critical data required to make smart decisions, improve efficiency, and grow your business. As real-time?

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Tackling AP Automation’s ‘Chicken-And-Egg’ Problem

PYMNTS

Shifting away from paper-based accounts payable (AP) practices could be a game-changer for many organizations. AP professionals must first be willing to take the first step to embrace automation, but some firms are wavering over whether they are prepared to do so. About The Tracker.

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What No One Saw Coming In AP Automation And What Comes Next

PYMNTS

At a high level, said Disque, the embrace of automated accounts payable (AP) processes has been consistent across verticals. But as PYMNTS’ own data and SMB surveys have found, the waiting game is stretching out — and many people now expect the pandemic to impact firms across more than 200 days.

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 As Supply Chains Enter Digital Age, Onboarding Plays Catch Up

PYMNTS

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.

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‘Google Checking,’ T-Mobile Data Breach Top This Week’s News

PYMNTS

We have a deep dive on accounts payable (AP) automation, analysis on “Google Checking” and news on the T-Mobile data breach. Tackling AP Automation’s ‘Chicken-And-Egg’ Problem (Bottomline Next Gen AP Automation Tracker). T-Mobile Data Breach Puts Personal Data Of 1M+ Customers At Risk.

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Integrated Platforms Arm CFOs With The Power To Optimize B2B Payments

PYMNTS

Accounts payable (AP) and accounts receivable (AR) personnel could no longer be in the office to handle paper, giving rise to the discussion of migrating away from physical invoices and other documents in favor of digital, automated solutions. The Platform Approach.

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