Accounting Today

AUGUST 8, 2025

By Chris Gaetano Technology Tech News: Red Wing Software announces new version of CenterPoint Plus, Stampli launches middle ground solution for AP automation; PwC buys fintech consultancy Kunai; and other accounting tech updates.

Technology

Accounting Today

AUGUST 8, 2025

By Chris Gaetano Technology Tech News: Red Wing Software announces new CenterPoint Plus, Stampli launches a solution for AP automation; PwC buys a fintech consultancy; and other accounting tech updates.

Technology

Accounting Today

AUGUST 8, 2025

By Chris Gaetano Technology Tech News: Red Wing Software announces new CenterPoint Plus, Stampli launches a solution for AP automation; PwC buys a fintech consultancy; and other accounting tech updates.

Technology

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

Airbase

NOVEMBER 29, 2023

You can better identify the best AP automation solution for your organization by following accounts payable best practices. Why you need AP automation. AP Automation best practices 1) Secure stakeholder buy-in. 2) Appoint an AP automation leader. Why you need AP automation.

AP Automation

MineralTree

MARCH 16, 2023

Despite the fact that organizations around the globe are gearing up for digital transformation , many AP teams still heavily depend upon costly and antiquated systems such as paper invoices and checks. For example, many businesses incorporate AP automation , e-invoicing, and other digital tools to quickly gain an edge over their competitors.

AP Automation

PYMNTS

JUNE 16, 2020

Optical character recognition] and document management for invoices without both a supplier portal and an integrated, auditable approval process is just another point of potential failure,” Amit said. This is where AP automation is stepping in. Businesses must establish touchless interactions with suppliers and banks.

AP Automation

MineralTree

NOVEMBER 2, 2023

That’s where accounts payable audits come into play. What Is an Accounts Payable Audit? Accounts payable (AP), is the money that a company owes to its vendors and suppliers for goods or services provided. Key components of an audit include reviewing invoices and payments for accuracy and legitimacy.

accounts payable

PYMNTS

FEBRUARY 19, 2018

There are, of course, early adopters of AP automation, he said — typically younger companies that are smaller, which “look to automate everything,” said Amit. Beyond the early adopters who embrace new ways of doing things, other firms that find their way to AP automation do so by dint of an approach borne of urgency.

AP Automation

Accounting Insight

MARCH 17, 2023

Automation reduces the number of human errors and manual interventions required. With AP automation, companies can reduce their invoice processing costs by up to 80%. The average cost to process a single invoice can be up to £15 when done manually, compared to less than £5 for those that have implemented AP automation.

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

NOVEMBER 1, 2023

With auto-enforced spend controls, embedded policies to enforce receipts and track budgets, automated coding and categorization, Airbase’s AI-driven Expense Management streamlines the whole process, saving time and reducing errors. AI and audit readiness. AP Automation Tour Explore 3-way matching in our AP Automation Product tour.

Expense Management

MineralTree

MARCH 30, 2023

Accounts payable (AP) automation has become a popular tool for franchises to overcome these obstacles. In this article, we will discuss the challenges associated with franchise accounting and how AP automation helps solve them. It also provides a better audit trail than manual methods.

AP Automation

Airbase

NOVEMBER 15, 2023

View Airbase transactions right in NetSuite, with one-click access to the entire audit trail in Airbase. Improve security and auditability by reviewing any requests to change vendor information made by your team. AP Automation Tour Explore 3-way matching in our AP Automation Product tour. Custom PO number.

NetSuite

Ryan Lazanis

APRIL 4, 2022

Accounts payable automation or AP automation tools show you useful data like how much you’re paying (in total) based on vendor, product type, and just about any other category. An AP automation software will likely be much quicker to resolve any sort of payable issue. Quick Audits. Preserved Data.

accounts payable

CPA Practice

MAY 22, 2024

Manual processes also make it challenging to maintain regulatory compliance and ensure proper documentation for audits. Another key benefit of AP automation is enhanced visibility into cash flow. The digital audit trail provided by these systems makes regulatory compliance and audit preparation easier.

AP Processes

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

JANUARY 18, 2024

To achieve this, it’s important to complete a holistic analysis of your existing AP process. In most cases, the next step involves digitizing and automating AP processes. According to MineralTree’s 2023 State of AP Report , AP is the top digitization priority for finance professionals.

accounts payable

PYMNTS

AUGUST 16, 2020

Trintech is also helping increase companies’ speed at resolving audits and going through manual period end-close activities through the addition of two new APIs: Cadency GL Reconciliations API and Cadency Close Task Field API. Companies adding more virtual card options and AP automation could see greater gains in controlling costs.

AP Automation

PYMNTS

OCTOBER 22, 2019

The solutions are designed to reduce reliance on manual processes to automate accounts payable, payments and reporting, with AvidXchange pointing to heightened financial control and visibility for healthcare and social services firms.

AP Automation

Airbase

DECEMBER 6, 2023

Fortunately, they already used Airbase for their AP Automation — and the promise of a procurement module was a big draw. A cleaner audit trail: Airbase’s ability to automatically create an audit trail for every transaction is essential for Doximity — and their auditors appreciate it. “Our

NetSuite

PYMNTS

JANUARY 17, 2018

People are realizing that data entry and personnel can’t suffice anymore,” Israch said, citing fraud, tax and audit risks present in all commerce, but especially in commerce that crosses borders. Across the board, he said, CFOs and executives are realizing that they can’t keep up just by throwing more bodies at the problem.

AP Automation

MineralTree

DECEMBER 29, 2022

For example, teams with AP automation can schedule payments in advance, in order to maximize their DPO without impacting supplier relationships. AP teams can also determine how to better optimize the payment mix to take advantage of early payment discounts and virtual card rebates. Simplify Audits. Reduce Human Error.

AP Automation

MineralTree

DECEMBER 15, 2022

In any organization, the accounts payable (AP) department is responsible for handling and processing payments. As a result, it is important that AP teams comply with relevant regulations and standards. Here are the top three risks AP teams face with poor compliance. Tiresome, Expensive Audits. Let’s take a closer look.

accounts payable

Accounting Insight

NOVEMBER 29, 2022

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. Entering payments. Approving expenses.

Accounts Payable Automation

PYMNTS

AUGUST 9, 2020

The service will “drive the efficiency of purchasing, invoicing and auditing for both members and suppliers of CHAMPS GPO,” the release says. Rusty Zosel , Procurement Partners chief executive, said the company looked forward “to bringing significant cost savings, compliance, and efficiencies through automation to them for years to come.”.

AP Automation

PYMNTS

OCTOBER 28, 2020

Plus, a new FinTech, OpenEnvoy, launches to combat B2B payments fraud, while PCMI collaborates on B2B payments automation, and OpenPayd launches an FX-as-a-Service solution. REPAY Inks Deal For B2B AP Automation Firm CPS. OpenEnvoy Launches To Provide B2B Invoice Auditing. 27) announcement. 27) announcement.

B2B

PYMNTS

AUGUST 21, 2019

AP automation has been available in one form or another for more than 20 years, said Flynn. While AP automation solutions help to minimize and sometimes eliminate these manual steps, historically these solutions have been complex, expensive and difficult to configure, install, use and maintain. The Compliance Factor.

AP Processes

Accounting Insight

JULY 31, 2024

The problem is, most instances of AP fraud are extremely difficult to spot. Quadient AP by Beanworks is built on artificial intelligence. The AP automation solution provides real-time visibility into the accounts payable process, so teams can quickly identify and address potential risks.

accounts payable

PYMNTS

APRIL 10, 2018

NetSuite has its own PO creation capability, but the integration enables users to streamline their complete accounts payable (AP) workflow.

NetSuite Integration

MineralTree

APRIL 13, 2023

The right tools like an AP automation solution, will reduce duplicate payments , leading to better vendor relationships and more efficiency across the AP team. Reduce duplicate payments Duplicate payments are a costly and time-consuming line item for businesses.

accounts payable

MineralTree

JANUARY 5, 2023

The switch to an AP automation solution grants them more visibility into the payment process, while allowing their team to scale the business. They were also able to leverage AP analytics to make better business decisions. Increase Efficiencies – Teams with AP automation unlock tremendous efficiency gains.

Finance

Accounting Insight

OCTOBER 17, 2024

When it comes to Accounts Payable, an AP automation solution ensures that the necessary secure tools and processes are in place. AI can be a force for good As trusted custodians of businesses’ financial data, CFOs are on the front line in the fight against cybercrime.

Finance

PYMNTS

NOVEMBER 26, 2019

Organizations evaluating the return on investment (ROI) of accounts payable (AP) automation find obvious benefits from cost savings, early payment discounts and rebate-earning opportunities. Take the freight bill audit pay process for carrier invoices, for example.

AP Automation

ThomsonReuters

NOVEMBER 16, 2023

For tax departments, complying with CTC regulations means transitioning away from the traditional, post-audit method of tax reporting, in which auditors collect, compile, and report transaction information in batches, long after the transactions have taken place.

Technology

CPA Practice

SEPTEMBER 19, 2024

Award finalists were audit files, advanced canopy, insights, Field Guide for financial audits instead Pro from Corby and IRS events notice, Randy Johnston 01:49 yeah. Obviously, there were, you know, two awards, both a winner and a finalist for Field Guide, for their insights and for their financial audit.

Technology

CPA Practice

MAY 17, 2024

And I don’t care what part of your practice, you’re thinking about whether it’s tax audit, or client accounting services, if you’re keen data, that’s a problem. You know, there are many other AP automation platforms out there, we even have people that are making up their own. I need the detail.

Technology