CPA Practice

MAY 22, 2024

Goldman Sachs recently estimated that automating Accounts Payable processes can result in time savings of 70-80% for small and medium-sized businesses. Efficient accounts payable (AP) processes are crucial for maintaining a healthy cash flow and fostering strong relationships with suppliers.

AP Processes 69

AP Processes Technology AP Automation accounts payable 69

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.

Technology 80

Technology AP Processes Indiana accounting and finance 80

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. 88% reported facing problems with their payments system.

Accounts Payable Automation 52

Accounts Payable Automation accounts payable Technology accounting firms 52

PYMNTS

NOVEMBER 25, 2019

Shifting away from paper-based accounts payable (AP) practices could be a game-changer for many organizations. AP professionals must first be willing to take the first step to embrace automation, but some firms are wavering over whether they are prepared to do so.

AP Automation 70

AP Automation Technology accounts payable AP Processes 70

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

PYMNTS

AUGUST 14, 2019

Much of the inefficiency can be solved through adopting a software suite that spans a continuum of accounts payable (AP) functions, said Nadaud. When you have a suite that takes everything together, you change the game,” he said. There are, of course, challenges in breaking down silos, where resistance to change can be substantial.

accounts payable 66

accounts payable AP Processes Healthcare Technology 66

PYMNTS

JANUARY 15, 2021

According to the November Back-Office Optimization Playbook , a collaboration with Coupa and TransferMate , 51 percent of AP professionals continue to cite manual invoicing as their biggest pain point resulting from the COVID-19 crisis. The Platform Approach.

B2B 73

B2B accounting and finance AP Processes Technology 73