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OpenText Debuts Integration Tool To Connect ERPs With Accounts Payable

PYMNTS

With a launch that links enterprise resource planning (ERP) with accounts payable, among other systems, OpenText debuted its new OpenText™ Trading Grid™ The rollout brings together multi-enterprise cloud integration capabilities with data visualization and microservices architecture, according to an announcement.

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Brexit Raises The Stakes For B2B Payments Fraud

PYMNTS

Nacha is issuing a warning to accounts payable professionals with regards to the rising threat of fraud. But accounts payable is far from the only back-office financial workflow at risk of fraud. While current fraud tools are helpful, there is no systemic or automated option for accomplishing this," Nacha warned.

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The major benefits of AP Automation.

Airbase

Accounts payable (AP) refers to the series of steps that companies take to pay their bills. It requires the safe handling and recording of funds transferring from the company’s bank account to suppliers and vendors. The importance and evolution of accounts payable. Using AP automation software.

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Streamlining The Accounts Payable Conversation

PYMNTS

The ultimate result, the firm has said, is one where the data keying, manually, is eliminated, as data capture and dissemination is automated, with attendant details of vendors and transactions. Data points and invoices could be presented differently in graphical form or across different languages.

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What is 3-way matching and why is it important?

Airbase

Three-way match should be incorporated into accounts payable processes whenever you need to ensure the accuracy and validity of invoices — in other words, whenever possible. Traditionally, the PO serves as a promise to purchase goods that are then sourced or manufactured by the supplier based on that PO.

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Top Tips on Cash Flow Management for Startups

inDinero Tax Tips

Clean books reflect well to investors, allow you to make informed strategic decisions, and optimize your accounts payable and accounts receivable systems. Some industries, such as manufacturing, are capital-intensive. Optimize your accounts payable and accounts receivable processes.

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What to Look for in Accounting Automation Software

Accounting Seed

Understanding accounting automation software While automation has transformed industries like manufacturing and logistics for decades, its relatively new to the accounting world. It helps accountants and finance professionals like you reduce the time spent on repetitive tasks and allows you to focus on growing your business.