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A Guide to AP Automation Technology

MineralTree

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.

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AP automation best practices for 2024 and beyond.

Airbase

You can better identify the best AP automation solution for your organization by following accounts payable best practices. Why you need AP automation. AP Automation best practices 1) Secure stakeholder buy-in. 2) Appoint an AP automation leader. 3) Prompt invoice processing.

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Invoice Automation: What you need to know.

Airbase

Invoice automation is the process of automating the creation, management, and processing of invoices. The goal of invoice automation is to streamline and automate the invoice process, reducing the time and resources required to manage invoices manually. Benefits of invoice automation.

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Palette Unveils AP Automation Software For Construction Firms

PYMNTS

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. Finance administrators and project managers both benefit from automation of the accounts payable process.

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Bill Adds New Purchase Order Capabilities

CPA Practice

Bill, a financial operations platform for small and midsize businesses, has has added automation technology to help SMBs and accounting firms get better control and visibility of their accounts payable workflows. Manual errors are reduced by utilizing automation and AI to auto-fill line items such as quantity and cost information.

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Zycus Rolls Out AI Bots For AP Automation

PYMNTS

The company’s collection of AI bots for the AP process now include bots for cost allocation, fraud detection, invoice reading and inbox managing. Its technology also includes a supplier portal and an eInvoicing offering.

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The Accounts Payable Workflow in QuickBooks: How to Improve the Process

MineralTree

However, while these AP workflow tasks in QuickBooks provide basic functionality, it falls short when it comes to advanced features tailored to modern AP. As a result, AP teams often complete manual, time-consuming tasks outside of QuickBooks, hindering both accuracy and efficiency.