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Accounts payable automation: the ultimate game changer for accounting firms

Accounting Insight

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.

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CPE Webinar June 13, 2023: Invoice Automation to Accelerate Digital Transformation

CPA Practice

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.

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Tackling AP Automation’s ‘Chicken-And-Egg’ Problem

PYMNTS

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.

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Today In Payments: COVID Hit UK Hard; Amex Negotiating To Buy SMB Lender Kabbage

PYMNTS

Dan Hannigan-Daley, director of sportsbook product at popular app DraftKings, says lockdown boredom and a lack of actual live sports to watch have been the perfect lineup for sports-betting firms that come up with things like computer-simulated games to bet on. Many digital publications rely on freelancers to create compelling content.

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What No One Saw Coming In AP Automation And What Comes Next

PYMNTS

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.

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How to Respond to Vendor Inquiries with AP Automation & Payment

MineralTree

This is likely due to the time and energy it takes them to connect with an AP team, let alone wait for them to track down the necessary information to answer their question. This often turns into a frustrating waiting game. They turned to MineralTree’s TotalAP solution to automate their invoice and payment process.

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 As Supply Chains Enter Digital Age, Onboarding Plays Catch Up

PYMNTS

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.