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Benefits of Airbase AP Automation: Selecting the right AP Automation solution. What is AP automation? AP automation refers to software that handles the workflows associated with the APprocess. Managers and executives can also use AP automation software to monitor APprocessing activities.
While that may be true, in the realestate sector, suppliers are considered such valuable partners that late payments are avoided at all costs, said Jennifer Coolidge, founder and president of realestate accounts payable (AP) solution provider Nexus.
Noventis, which announced last October that it would be acquired by commercial payments company WEX , is now looking to introduce the virtual card’s benefits to the realestate sector through a partnership with AP automation company Nexus Systems. ”
With purchasing functionality enabled, you can define the workflows and approvals to align with the way you operate, giving your organization complete visibility into the entire APprocess. RealEstate & Construction : Keeping an eye on expenses is critical in this industry.
Companies with the most digitized APprocesses averaged faster invoice payments and processing times, as well as fewer invoice exceptions. “There are a lot of cost savings from a realestate standpoint,” she said.
Trusted by thousands of contractors, developers, and property managers for many years, Sage 300 Construction and RealEstate (CRE) software users, formerly Timberline, may require a more robust solution. Now more than ever, companies must find ways to streamline their operations and stay competitive.
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