PYMNTS

JANUARY 30, 2019

Moreover, among all the ways businesses’ can improve their B2B payments, accounts payable (AP) automation stands out as one of the most promising and popular innovations on the market. Yet, even with so much to gain, 59 percent of businesses have yet to implement any form of AP automation.

AP Automation

MineralTree

APRIL 4, 2024

Leveraging AP automation for a faster process The invoice approval process is a bottleneck for many AP teams. From manually inputting invoice data to chasing down approvers for signatures, a traditional paper-based approval process contains many time-consuming, manual steps that slow down payments and sap resources.

Approval Workflows

PYMNTS

NOVEMBER 2, 2020

Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. To automate AP workflows, Palette's AP Automation for Aptean harnesses robotic process automation (RPA). 2) announcement.

AP Automation

CPA Practice

DECEMBER 17, 2023

This makes it even more difficult for staff to physically collect invoices and route them manually for approvals and authorize and make payments. 52% of AP teams plan to adopt or invest more in automation this year, seeing the opportunity to increase productivity, better manage cash flow and reduce risk, among other benefits.

AP Automation

MineralTree

APRIL 6, 2023

ERP Integration: How ERP Systems & AP Automation Tools Work Together An Overview of ERP Systems Enterprise Resource Planning (ERP) refers to a software that allows companies to manage various parts of their organization. Unfortunately, ERPs aren’t typically configured in a way that caters to the specific needs of AP staff.

AP Automation

MineralTree

FEBRUARY 29, 2024

These hurdles stifle efficiency and accuracy, hindering the overall productivity and success of AP teams. But with the right AP automation solution, you can automate and simplify the entire AP process. How do QuickBooks payments work without AP automation?

AP Automation

Airbase

MARCH 31, 2023

We’re particularly proud of our great Satisfaction rankings, not just in Spend Management, but also in other categories like AP Automation and Expense Management. The customizable approval workflows and policies are extremely user-friendly/configurable to help meet our stakeholders’ and compliance requirements.”

AP Automation

Airbase

OCTOBER 25, 2023

AP Automation Tour Explore 3-way matching in our AP Automation Product tour. IDC recognizes the importance of this new approach: “Guided procurement applications provide an inviting approval workflow that is easily understood by all stakeholders in the approval chain.

accounts payable

CPA Practice

NOVEMBER 14, 2023

And with QuickBooks’ integrated AP automation capabilities, small businesses save valuable time with manual entry reduced by 48%¹. Go paperless and stay tax ready: Keep digital records of bills and payments in one place, rather than across multiple platforms, spreadsheets, or folders.

quickbooks

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

MineralTree

OCTOBER 19, 2023

An Overview of Accounts Payable Software Solutions Accounts payable software solutions, often referred to as AP software or AP automation tools, are technology platforms designed to streamline and automate the AP process within an organization. The proof is in the pudding.

accounts payable

PYMNTS

NOVEMBER 13, 2019

To that end, Bottomline Technologies Vice President of Strategy and Product Bill Wardwell said, AP automation can help. Buyer companies need to be able to convert the data within those documents into a digitized workflow, where they can review, approve and better understand the related impact to their cash flows,” he said.

AP Automation

PYMNTS

NOVEMBER 3, 2020

The partnership will afford companies the ability to streamline end-to-end workflows with a single software solution, allowing for reductions in manual work, expenses and risk that come with cash use, according to the release. Palette Software Integrates With Aptean ERP For B2B AP Automation. 2) announcement.

B2B

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

MineralTree

JUNE 1, 2023

In its standard configuration, QuickBooks AP requires a lot of manual effort, lacking automation and approval workflows. How AP Automation Improves QuickBooks As mentioned earlier, QuickBooks is considered a great accounting software for small to mid-sized businesses.

accounts payable

MineralTree

SEPTEMBER 28, 2023

Improve the Invoice Approval Workflow Traditional, email- and paper-driven invoice approval methods are burdensome for financial professionals and prohibit remote or hybrid working environments. Enhancing the invoice approval workflow through AP automation tools can reduce manual effort and boost productivity.

Finance

MineralTree

NOVEMBER 2, 2023

How AP Automation Helps with Auditing Digital transformation significantly enhances the AP auditing process. In particular, AP automation can simplify, streamline, and strengthen audits — a critical advantage given that the majority of finance leaders say are focused on doing more with fewer resources.

accounts payable

CPA Practice

MAY 22, 2024

Another key benefit of AP automation is enhanced visibility into cash flow. This speeds up approvals and helps maintain internal controls and compliance with company policies. Core Features to Look for in an AP Automation Solution When evaluating AP automation solutions, there are several key features to consider.

AP Processes

MineralTree

JANUARY 12, 2023

With the right AP automation solution , both AP teams and their vendors can get more visibility to track payments. Reduced late payments: Many AP automation solutions make it easy to pull reports, such as the AP Aging Report, which gives insight into which payments are due soon. Use Invoice Capture.

Technology

MineralTree

FEBRUARY 15, 2024

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. This blog explores the intricacies of the AP check run and actionable tips to fortify your financial processes. Did you know? Did you know?

AP Automation

MineralTree

SEPTEMBER 7, 2023

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. By embracing AP automation , these teams can streamline their processes and speed up invoice processing times while also improving vendor relationships.

Approval Workflows

CPA Practice

OCTOBER 11, 2023

AP teams are also more likely to work remote, as 68% of AP work environments are now hybrid or fully remote–which is expected to increase over the next year. AP automation is providing critical value and remains a top digitization priority AP automation is allowing finance teams to do more with less.

Finance

MineralTree

NOVEMBER 9, 2023

The two primary ways to build connections between the ERP and AP automation software solutions are to use file-based integrations or API integrations. Properly implemented APIs utilize Transport Layer Security (TLS) for end-to-end encryption, protecting data in transit between an ERP and AP automation solution.

AP Processes

PYMNTS

AUGUST 9, 2020

CHAMPS members will be able to access benefits like ordering controls via increased compliance with contracts, electronic order approval workflows and more transparency for any purchase, with the adoption of a P2P system enabling more automation and cost containment benefits.

AP Automation

MineralTree

MARCH 14, 2024

Efficient processing, approval, and payment execution help minimize errors, reduce fraud risks, and ensure timely payments, which are vital for maintaining good vendor relations, operational efficiency, and financial stability. This can be done manually, via email, or with the help of AP automation. Since 93.3%

accounts payable

MineralTree

FEBRUARY 22, 2024

By automating workflows to pay domestic and foreign invoices, SMBs can leverage Sage Intacct to increase efficiency and accelerate future growth. This blog takes a deeper dive into how your business can benefit from integrating your AP automation with Sage Intacct. Let’s jump in!

AP Automation

MineralTree

DECEMBER 14, 2023

What is Digital Invoice Approval? Digital invoice approval involves reviewing, approving, and processing invoices electronically prior to payment. An electronic approval workflow takes out the paper-based component of this process to improve transparency, allowing teams to accurately track the status of their invoices.

accounts payable

PYMNTS

JUNE 30, 2016

While the majority of businesses surveyed (68 percent) said they currently use electronic strategies like document imaging and scanning, and more than half already use automated approval workflow and automated data capture, there are a flurry of automated tools that have yet to enter the AP department.

accounts payable

PYMNTS

AUGUST 15, 2016

By adopting ePayments and automating your AP process, you can pay vendors electronically, while maintaining all of your banking relationships and approval workflows,” according to AvidXchange. The monetary savings gained through AP automation is one of the main reasons people automate in the first place.

AP Automation

Withum

FEBRUARY 24, 2025

Lets explore how NetSuites AP Automation features and third-party add-ons can help you optimize your procurement process, reduce manual effort, and accelerate purchase order cycle times Purchase Order Automation and Creation NetSuite provides purchase order automation based on predefined criteria.

NetSuite

Accounting Insight

FEBRUARY 14, 2025

Yooz , a global leader in cloud-based Accounts Payable (AP) automation solutions announces a strategic partnership with Touchstone FMS , a leading provider of financial management software solution, Infor SunSystems. Yooz brings that capability to the table, making this an exciting and highly valuable partnership, added Noiret.

AP Automation