CPA Practice

OCTOBER 3, 2023

Accounts Payable automation and B2B payments represent a massive and largely unpenetrated market. But with Billy the Bot now performing such time-consuming manual tasks as coding invoices to the correct general ledger accounts, the AP team has seen their responsibilities shift to projects that add much greater value to the business.

AP Automation 59

AP Automation Technology Accounts Payable Automation accounts payable 59

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. In June, Centsoft introduced AP automation for companies in the construction sector.

AP Automation 69

AP Automation Construction Technology accounts payable 69

PYMNTS

MARCH 19, 2020

Businesses must be able to understand these variations when they begin onboarding, he added, so Sage Intacct has also built automation into its onboarding solutions. Data is essential to this process, Miller said, which must be tailored to each individual client. … [That] really means manual work for the AP team.”.

Technology 52

Technology AP Automation AP Processes accounts payable 52

PYMNTS

AUGUST 5, 2016

The CEO explained that, traditionally, accountants would print out reconciliations and store them in binders; auditors would then take a sample of those reconciliation documents and match those against the general ledger. “That is an unbelievably antiquated way of testing anything,” Tucker stated.

Technology 42

Technology Account accountant accounted 42