PYMNTS

AUGUST 17, 2020

“Companies are now working to revamp and upgrade their accounts payable (AP) strategies to suit an environment in which financial teams must work remotely and in which cash flow strains are especially likely,” the new Guide states. And operations still using manual accounts payable (AP) methods are really rethinking things. “A

AP Automation 61

AP Automation Technology accounts payable AP Processes 61

PYMNTS

NOVEMBER 2, 2020

Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. The connection will let firms that have invested in Aptean digitize their AP processes with Palette's offering. 2) announcement.

AP Automation 56

AP Automation Technology Approval Workflows AP Processes 56

PYMNTS

AUGUST 12, 2020

Palette Software unveiled accounts payable (AP) automation technology that is designed for firms in the construction and engineering industries and run on the cloud, according to an announcement. Finance administrators and project managers both benefit from automation of the accounts payable process.

AP Automation 69

AP Automation Construction Technology accounts payable 69

PYMNTS

JANUARY 31, 2021

OnPay Solutions , which works in accounts payable (AP) automation, has struck a partnership with business innovation intelligence platform CapX to offer new supplier payment automation for clients, according to a press release.

AP Automation 67

AP Automation Technology Accounts Payable Automation accounts payable 67

PYMNTS

APRIL 3, 2020

Accounts payable (AP) automation technology presents an obvious benefit to companies of all sizes and industries to boost efficiency and strategize vendor payments. For LockerDome, Lewis explained that one of the most glaring areas of inefficiencies in AP processes is the supplier payment itself. A Payments Balancing Act.

AP Automation 52

AP Automation Technology accounts payable AP Processes 52

PYMNTS

JULY 30, 2020

The bots use optical character recognition (OCR), natural language process (NLP), and self-learning functions in “altogether new ways,” the announcement stated. The company’s collection of AI bots for the AP process now include bots for cost allocation, fraud detection, invoice reading and inbox managing.

AP Automation 60

AP Automation Technology accounts payable NetSuite 60

MineralTree

AUGUST 24, 2023

However, while these AP workflow tasks in QuickBooks provide basic functionality, it falls short when it comes to advanced features tailored to modern AP. As a result, AP teams often complete manual, time-consuming tasks outside of QuickBooks, hindering both accuracy and efficiency.

accounts payable 70

accounts payable quickbooks AP Automation AP Processes 70

PYMNTS

DECEMBER 31, 2019

The following Deep Dive further explores how paper-based methods can result in processing delays and how new, cutting-edge payment innovations can drive accounts payable (AP) automation. Manual processing challenges. Manual AP processing can also give rise to other inefficiencies.

AP Processes 61

AP Processes AP Automation Technology accounts payable 61

MineralTree

SEPTEMBER 28, 2023

The upcoming State of AP Report 2023 highlights that almost half of respondents (49.1%) express concerns about reducing AP processing costs. For example, businesses that rely on manual invoice processing spend up to $12.44 The State of AP Report 2023 highlights that a staggering 84.7% per invoice on average.

Finance 78

Finance AP Automation AP Processes Technology 78

PYMNTS

JULY 10, 2020

These slow processes make it difficult for AP professionals to quickly pull up information on payment obligations, and they also present plenty of opportunities for human error. SMBs are more likely than larger firms to have old-school AP methods that cause undue frictions. Cutting Out Inefficiencies.

AP Automation 55

AP Automation Technology AP Processes accounting and finance 55

Accounting Insight

APRIL 30, 2024

Here are just some of the new products launching at this year’s show… Lightyear (Stand 660) a leading AP automation solution launches its new Expense Management feature, a comprehensive solution for automating and managing employee spending and reimbursements.

AP Automation 52

AP Automation Expense Management accounts payable AP Processes 52

PYMNTS

OCTOBER 1, 2020

At a high level, said Disque, the embrace of automated accounts payable (AP) processes has been consistent across verticals. CSI, he noted, has insight into a number of industries, where the payment processing platform (focused on integrated payables) aggregates and accepts payments on behalf of a wide range of businesses.

AP Automation 77

AP Automation Technology AP Processes Hospitality 77

AccountingDepartment

JUNE 8, 2023

Imagine having the ability to scale accounts payables (AP) operations for your e-commerce business, with the same amount of staff, or even less. With Tipalti's AP automation technology, businesses can do just that and accelerate their AP processes across the board.

AP Automation 68

AP Automation E-commerce AP Processes accounts payable 68

MineralTree

MARCH 14, 2024

End-to-end automation enables businesses to efficiently process invoices and pay vendors quickly and easily. By adhering to AP best practices, businesses can enhance efficiency, improve accuracy, and streamline the entire AP process. This can be done manually, via email, or with the help of AP automation.

accounts payable 52

accounts payable AP Automation AP Processes Account 52

CPA Practice

DECEMBER 20, 2023

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

Technology 111

Technology Accounts Payable Automation AP Automation accounts payable 111

MineralTree

NOVEMBER 30, 2023

As the need to drive efficiency grows, many teams are looking to technology to digitize and automate their workflows. The right AP automation solutions can help finance departments not only eliminate tedious, manual work but also streamline their processes and stay compliant with evolving regulations.

Finance 91

Finance AP Automation Approval Workflows Technology 91

Accounting Insight

OCTOBER 18, 2022

CFOs wear many hats and are well-positioned to help to head off costly supply chain disruptions, with the support of their Supply Chain Manager, a profession which has historically faced challenges when it comes to Accounts Payable (AP) processes. Busting the barriers .

Accounts Payable Automation 52

Accounts Payable Automation accounts payable AP Automation AP Processes 52

PYMNTS

JULY 26, 2018

Perhaps the biggest takeaway from Hyland and Statista ‘s new accounts payable (AP) report is that, frankly, there isn’t much new to be said about AP automation trends at all. ” What that’s led to is a continued rise in investments in automated solutions, without much improvement in process efficiencies.

AP Automation 40

AP Automation Technology accounts payable AP Processes 40

CPA Practice

MARCH 27, 2023

And even if finance leaders can bring more AP professionals on board, it may not be enough to address the inherent inefficiencies and problems of manual processing. Automation and managed payment services can alleviate critical challenges AP automation provides an effective way to overcome these challenges.

AP Automation 114

AP Automation Technology accounts payable accounting and finance 114

PYMNTS

MAY 13, 2020

This month’s Next-Gen AP Automation Tracker ® examines how AP tools are smoothing B2B transactions and helping companies to better weather the economic downturn. It also looks at how digital AP tools are helping corporate buyers get the data they need to streamline their invoice processing and speed up payments.

AP Automation 79

AP Automation AP Processes Technology accounts payable 79

MineralTree

JANUARY 25, 2024

To move the needle on cost-saving initiatives, many businesses are doubling down on back-office automation. AP automation remains a top priority because it provides substantial operational efficiencies and helps teams track payment flows and gain control over payment transaction timing.

accounts payable 69

accounts payable AP Automation Account accountant 69

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.

Finance 59

Finance AP Automation AP Processes Approval Workflows 59

CPA Practice

AUGUST 14, 2023

At the same time, Accounts Payable (AP) teams need to be able to manage vendor payments with an eye on managing cash positions, maintaining strategic supply relationships, and taking advantage of available payment discounts. AR and AP automation solutions are one way to simplify this process.

Finance 98

Finance AP Automation Technology accounting and finance 98

Airbase

NOVEMBER 15, 2023

Automation replaces the manual accounts payable process with software that can make everyone more efficient and lead to cost savings. Table of Contents FirstHeading What is AP automation? Using AP automation software. Features of AP automation software. The developing future of AP software.

AP Automation 130

AP Automation Technology accounts payable Accounts Payable Automation 130

MineralTree

JANUARY 26, 2023

A provider that can deliver both AP automation software and managed services has become one of the most popular resources used to improve payment operations and unlock additional efficiencies. Many teams are turning towards AP automation to help. In short, firms are experiencing widespread payment operations issues.

AP Automation 75

AP Automation Technology AP Processes accounts payable 75

MineralTree

AUGUST 10, 2023

6 Tips to Improve Cash Flow A streamlined AP process helps businesses better monitor, manage, and forecast their cash flows. The following strategies can increase AP transparency and efficiency: 1. However, this can be difficult to achieve without AP automation.

accounts payable 76

accounts payable AP Automation Account accountant 76

PYMNTS

NOVEMBER 16, 2018

Companies with the most digitized AP processes averaged faster invoice payments and processing times, as well as fewer invoice exceptions. These benefits all stem from the ability to automate, and the key to automation, Fiorelli said, is the ability to collect electronic data. .”

AP Automation 63

AP Automation Technology accounts payable AP Processes 63

MineralTree

MARCH 7, 2024

Optimizing your AP process QuickBooks is the obvious first choice for many small businesses seeking an accounting software solution. But the right accounts payable (AP) automation solution can help bridge the gap for a smooth migration process, ensuring data accuracy and consistency—and an overall more efficient AP process.

quickbooks 52

quickbooks AP Processes AP Automation Technology 52

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.

AP Automation 51

AP Automation Technology audit accounts payable 51

PYMNTS

APRIL 9, 2020

To help additional middle-market companies automate their accounts payable (AP) processes, MineralTree announced that it has grown its integration abilities, according to a press release. In separate news, OpenText unveiled its new Trading Grid with a rollout that connects ERP with AP, among other systems.

AP Automation 76

AP Automation AP Processes Technology accounts payable 76

MineralTree

NOVEMBER 9, 2023

ERP integration is the process of connecting various software systems like CRM systems, data analytics, and AI tools to the ERP, which serves as a centralized hub for storing data and streamlining processes. This integration enhances the efficiency of your AP team while reducing the risk of errors.

AP Processes 72

AP Processes AP Automation Approval Workflows NetSuite 72

MineralTree

FEBRUARY 15, 2024

Key takeaways: Many finance departments struggle with AP check runs, facing delays and disruptions due to manual processes and outdated solutions. AP check runs involve approving and issuing checks for vendor payments, with 36% of companies still making over half of their payments by check. Did you know? Did you know?

AP Automation 78

AP Automation accounts payable Technology accounting and finance 78

PYMNTS

AUGUST 21, 2019

AP automation has been available in one form or another for more than 20 years, said Flynn. But they still need to be processed as a paper invoice.” The changing regulatory environment has also proven to be a tailwind for AP automation. The Compliance Factor.

AP Processes 46

AP Processes AP Automation accounts payable Technology 46

Ryan Lazanis

APRIL 4, 2022

For accounting firms, offering to set up accounts payable automation is a valuable service to add to your firm’s offering. 11 Benefits to Accounts Payable Workflow Automation. Streamlining bill payments can often get overlooked, but the accounts payable process or AP process has a number of benefits such as: 1.

accounts payable 96

accounts payable Technology Accounts Payable Automation AP Automation 96

MineralTree

NOVEMBER 3, 2022

An organized, digital AP process is the key to providing reliable, timely visibility to both the AP team and business leaders. How Your AP Team Can Help Fight Recession. If your AP team isn’t sure how to prepare for a recession , these are a few places you can start. Communicate proactively with suppliers.

AP Automation 52

AP Automation AP Processes Technology accounts payable 52

PYMNTS

FEBRUARY 24, 2020

In the February Next-Gen AP Automation Tracker , PYMNTS highlights how tech-first firms are finding that managing AP in the cloud offers greater insights into the entire invoice-to-payment-to-reconciliation process, essentially transforming the efficiencies of AP departments. About The Tracker.

AP Automation 89

AP Automation Technology accounts payable AP Processes 89

MineralTree

OCTOBER 5, 2023

Lack of Information or Incorrect Information Manual AP processes can lead to inaccurate data entry, resulting in discrepancies that need to be reconciled during the month-end close. Additionally, AP teams may waste valuable time tracking down information buried in paper invoices that wasn’t transferred accurately to their ERP system.

AP Automation 76

AP Automation accounts payable AP Processes accounting and finance 76