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Modernizing Money Management: The Shift from Manual to Automated AP Processes

CPA Practice

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.

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‘Google Checking,’ T-Mobile Data Breach Top This Week’s News

PYMNTS

New automated accounts payable (AP) solutions promise to deliver several benefits for logistics providers like more seamless access to data and cost savings. But some logistics firms are not prepared to make the switch to digital payments and AP processes.