MineralTree

OCTOBER 19, 2023

It’s no surprise that MineralTree’s State of AP Report identified the AP function as the No. Modern accounts payable software solutions can help businesses transform their AP function, automate AP processes, and overcome manual inefficiencies. 1 digital transformation priority for finance leaders.

accounts payable 74

accounts payable AP Automation AP Processes account 74

MineralTree

OCTOBER 26, 2023

Automation is reshaping the way companies manage their financial operations, especially in accounts payable (AP). Understanding how AP automation works and how it streamlines AP processes is vital to keeping your company ahead of the curve in a rapidly evolving business finance landscape.

AP Automation 75

AP Automation accounts payable AP Processes Technology 75

PYMNTS

AUGUST 28, 2019

Accounts payable automation company AvidXchange is strengthening its position in the banking and financial services sector through the acquisition of BankTEL, the company said Tuesday (Aug. AvidXchange has reached an agreement to acquire BankTEL Systems, which provides accounting technology to banks.

AP Processes 59

AP Processes accounts payable Accounts Payable Automation B2B 59

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 77

Finance AP Automation AP Processes accounting and finance 77

MineralTree

JUNE 1, 2023

Integrating QuickBooks with a compatible accounts payable automation software helps finance teams digitize their entire AP process. Using only QuickBooks for AP involves many manual steps, like chasing down approvers for signatures or getting checks out the door.

accounts payable 74

accounts payable quickbooks AP Automation AP Processes 74

MineralTree

AUGUST 24, 2023

Improving the QuickBooks AP Workflow: 11 Reasons to Automate While many organizations continue to rely on the current AP workflow in QuickBooks, the need for a more streamlined process is becoming increasingly clear. Automation tools eliminate this manual work and streamline the entire AP process so you can pay vendors faster.

accounts payable 69

accounts payable quickbooks AP Automation AP Processes 69

PYMNTS

SEPTEMBER 26, 2019

This week, Fundbox, a B2B payments startup attempting to fix the “net terms” economy, raised $176 million in equity, a sign that changing the invoice settlement system presents a big opportunity. In an interview with PYMNTS , Eyal Shinar, CEO at Fundbox, characterized this as an approximately $3.1 trillion problem.

AP Processes 50

AP Processes AP Automation B2B Technology 50

MineralTree

SEPTEMBER 7, 2023

The Advantages of a Paperless Invoice Approval System Using a paperless invoice approval solution can help AP departments streamline approvals in a number of different ways. From gaining visibility into the AP process to managing payments in a more timely manner, going paperless has many benefits.

AP Processes 76

AP Processes Approval Workflows quickbooks accounts payable 76

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.

accounts payable 68

accounts payable AP Automation AP Processes E-commerce 68

MineralTree

NOVEMBER 9, 2023

An Overview of MineralTree’s Integration Capabilities MineralTree offers a wide range of ERP integration options , simplifying the transition to digital AP processes. Sage Intacct The integration with Sage Intacct allows seamless data exchange, helping AP teams efficiently manage their financial data.

AP Processes 71

AP Processes AP Automation accounting and finance accounts payable 71

PYMNTS

AUGUST 21, 2019

The drive to eliminate paper in the accounts payable process, to cut the steps that lead to inefficiencies, continues to get a boost from technology.

AP Processes 46

AP Processes AP Automation accounts payable Accounts Payable Automation 46

CPA Practice

APRIL 24, 2023

Whether you’re in the midst of digital transformation or just beginning to explore, you’re probably seeing new opportunities to improve your company’s AP processes with the help of technology. Speak to the costs of manual invoice processing and the benefits of automating it.

cpa 80

cpa AP Processes accounting and finance Indiana 80

CPA Practice

OCTOBER 25, 2023

Purchase order (PO) and receipt details can now be synced from QuickBooks Desktop to BILL, so customers can track the progress and status of POs, and automate two-way and three-way matching between POs, receipts, and invoices to streamline AP processes.

quickbooks 59

quickbooks AP Processes accounts payable NetSuite 59

AccountingDepartment

FEBRUARY 7, 2023

Using a high-level software system like NetSuite for business operations, like accounts payables, provides small to medium-sized businesses opportunities to save money, reduce risk, and increase efficiency throughout the full AP process.

accounts payable 67

accounts payable Accounts Payable Automation NetSuite account 67

MineralTree

DECEMBER 7, 2023

The process associated with virtual card payments generates unique, one-time-use card numbers linked to specific transactions. This approach facilitates seamless interactions with vendors, offering a more efficient and controlled method for handling payments in the AP process.

AP Automation 74

AP Automation accounts payable accounting and finance AP Processes 74

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 accounts payable accounting and finance 76

MineralTree

NOVEMBER 30, 2023

Invest in Paperless Processes Transitioning to a paperless AP process minimizes manual paperwork requirements and expedites document retrieval and approval cycles. Automate the Entire End-to-End AP Process AP automation encompasses invoice capture , approval workflows, payment processing, and reconciliation.

Finance 66

Finance AP Automation accounting and finance AP Processes 66

PYMNTS

DECEMBER 13, 2020

We are excited to provide B2BE with additional tools to help accomplish that mission by eliminating paper-based payments in the AP process," he said, according to the release. Shadrach added that the company wanted to add to its AP Automation to make sure that both ends of the AP process are covered.

B2B 75

B2B AP Processes AP Automation payroll 75

MineralTree

MARCH 16, 2023

Accounts payable outsourcing is the business practice of partnering with a third-party AP outsourcing firm to fully offload the handling of your organization’s AP processes. What is Accounts Payable Outsourcing?

accounts payable 87

accounts payable AP Automation Accounts Payable Automation account 87

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. billion by 2026.

Accounts Payable Automation 52

Accounts Payable Automation accounts payable AP Automation account 52

MineralTree

APRIL 20, 2023

The initiative to automate our AP process was really kick-started during Covid,” said Matt Ogle, Accounts Payable & Vendor Manager for MTB. “A However, because our AP process was entirely paper-based and manual, we had to go into the office to pay our vendors.

AP Processes 76

AP Processes quickbooks accounts payable accounting and finance 76

MineralTree

JUNE 15, 2023

We’ll cover the integration process, the advantages of integrating, and the steps required to get started. So, whether you’re already using NetSuite or considering it for your business, read on to learn how integration can help streamline your AP processes and drive greater efficiency. What is NetSuite?

NetSuite 74

NetSuite NetSuite Integration AP Automation AP Processes 74

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 accounts payable 59

PYMNTS

OCTOBER 6, 2020

The pandemic has upended supply chains, and upended accounts payable (AP) processes – requiring companies of all sizes and types to move toward digital (and high-tech-powered) means to transform back-office functions. And for that, the AP process has to be smooth.

accounts payable 93

accounts payable AP Processes audit account 93

CPA Practice

SEPTEMBER 7, 2023

The BILL Financial Operations Platform now includes: BILL Accounts Payable automates the entire AP process to help SMBs simplify invoice entry by using data capture and AI to streamline approvals. It also provides flexible ways to pay, bringing efficiency and visibility to financial operations.

accounts payable 59

accounts payable Accounts Payable Automation Expense Management accounting and finance 59

Accounting Insight

MARCH 17, 2023

To help curb the effect of inflation and recession on the bottom line, the key is to challenge the internal costs, more specifically, the internal costs of the purchasing chain and processes. One of the critical areas where we can do this is in our Accounts Payable (AP) process.

AP Automation 52

AP Automation accounts payable AP Processes Accounts Payable Automation 52

PYMNTS

APRIL 16, 2020

The technology, which can be put into place within seven days, will let companies provide their suppliers with the ability to electronically submit invoices and keep their accounts payable (AP) processes running with on-time invoice payments per an announcement. As a result, AP processes and payments to suppliers are facing disruption.

AP Processes 60

AP Processes accounts payable accounting and finance account 60

PYMNTS

MAY 1, 2019

PYMNTS surveyed executives at 2,570 firms to examine their AP processes and how automation could help them address common AP frictions. When it comes to AP automation, firms seem to be facing a “chicken or the egg” dilemma. percent, said they already have “very” or “extremely” efficient AP processes in place.

AP Processes 81

AP Processes accounts payable AP Automation account 81

MineralTree

NOVEMBER 10, 2022

These mistakes are especially prevalent in hybrid workforces, where invoices may be sent to one location, while it’s already being processed digitally somewhere else. Miscommunication & Lack of Visibility into the AP Process. Manual AP processes make it easy for duplicate vendor entries to happen.

AP Processes 52

AP Processes AP Automation accounts payable account 52

Airbase

JANUARY 11, 2023

To solve these problems and free up time for more meaningful work, we’re focused on automating and consolidating the full AP process. When all payment methods are brought together in a single platform, accounts payable work is transformed.

accounting and finance 130

accounting and finance account accountant accounted 130

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. There is no such thing as a bad DPO, but it’s important that businesses be strategic when decreasing or increasing payment terms.

accounts payable 75

accounts payable account accountant accounted 75

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 AP Processes accounting and finance B2B 55

PYMNTS

MAY 13, 2020

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. Around The AP Automation World. For more on these and the rest of the latest AP automation headlines, download the Tracker. Find the full story in the Tracker.

AP Automation 79

AP Automation accounts payable AP Processes accounting and finance 79

Ryan Lazanis

APRIL 4, 2022

Streamlining bill payments can often get overlooked, but the accounts payable process or AP process has a number of benefits such as: 1. An AP automation software will likely be much quicker to resolve any sort of payable issue. A reconciliation process with your bookkeeping solution, to keep your books clean.

accounts payable 96

accounts payable Accounts Payable Automation account accountant 96

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.

accounts payable 76

accounts payable AP Automation accounting and finance financial statements 76

MineralTree

MAY 18, 2023

In addition to limiting access to invoices, AP automation systems also enable segregation of duty to limit access to sensitive payment information. This minimizes the likelihood of fraud by ensuring that no single person has unchecked control over the AP process. Request a free demo today to learn more.

AP Automation 71

AP Automation AP Processes accounts payable account 71

PYMNTS

NOVEMBER 2, 2020

The connection will let firms that have invested in Aptean digitize their AP processes with Palette's offering. Palette lets these companies take in bill data from vendors quickly, process invoices with an automated flow for approvals and offers a trail that auditors can look at.

AP Automation 56

AP Automation accounts payable AP Processes Approval Workflows 56