PYMNTS

DECEMBER 31, 2019

The following Deep Dive further explores how paper-based methods can result in processing delays and how new, cutting-edge payment innovations can drive accounts payable (AP) automation. Manual processing challenges. Manual AP processing can also give rise to other inefficiencies.

AP Processes 61

AP Processes AP Automation Technology accounts payable 61

Ryan Lazanis

APRIL 4, 2022

Want all the information you need about accounts payable workflow automation? In this article, you’ll learn: What accounts payable automation is. 11 different benefits of automating this process. The best tools to automate A/P. How to specifically automate A/P. What is Accounts Payable Workflow Automation.

accounts payable 96

accounts payable Technology Accounts Payable Automation AP Automation 96

Accounting Insight

JANUARY 2, 2024

Xero integrates with Quadient’s Accounts Payable (AP) capabilities to fully automate and streamline accounting processes. When combined with Quadient’s AP automation solution, users benefit from seamless synchronisation of all AP processes. Xero helps 3.95

Technology 59

Technology accounts payable Accounts Payable Automation AP Automation 59

PYMNTS

APRIL 14, 2020

Legacy accounts receivable (AR) and accounts payable (AP) operations aren’t only inefficient, they’re costly. PYMNTS’ latest The Optimizing AP and AR Playbook , a collaboration with OnPay Solutions, found that businesses in the U.S. Digitizing AR and AP can help eliminate those unnecessary costs.

AP Processes 78

AP Processes B2B Technology accounts payable 78

CPA Practice

MARCH 9, 2023

a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced its referral partnership with KeyStone by Corelation Inc. AvidXchange Holdings, Inc., Corelation”), the latest core processor for today’s credit union.

AP Automation 52

AP Automation Technology AP Processes accounts payable 52

CPA Practice

MARCH 9, 2023

a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced its referral partnership with KeyStone by Corelation Inc. AvidXchange Holdings, Inc., Corelation”), the latest core processor for today’s credit union.

AP Automation 52

AP Automation Technology AP Processes accounts payable 52

PYMNTS

NOVEMBER 2, 2020

Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. The connection will let firms that have invested in Aptean digitize their AP processes with Palette's offering. 2) announcement.

AP Automation 56

AP Automation Technology Approval Workflows AP Processes 56

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. As real-time? Entering payments.

Accounts Payable Automation 52

Accounts Payable Automation accounts payable Technology accounting firms 52

PYMNTS

JANUARY 31, 2021

OnPay Solutions , which works in accounts payable (AP) automation, has struck a partnership with business innovation intelligence platform CapX to offer new supplier payment automation for clients, according to a press release.

AP Automation 67

AP Automation Technology Accounts Payable Automation accounts payable 67

MineralTree

SEPTEMBER 28, 2023

Digital transformation , the process of integrating advanced technology and innovative solutions, allows finance teams to streamline and automate time-consuming tasks so they can improve productivity and focus on more strategic, value-adding activities. This holds especially true in today’s economy. per invoice on average.

Finance 78

Finance AP Automation AP Processes Technology 78

PYMNTS

AUGUST 28, 2019

Accounts payable automation company AvidXchange is strengthening its position in the banking and financial services sector through the acquisition of BankTEL, the company said Tuesday (Aug. AvidXchange has reached an agreement to acquire BankTEL Systems, which provides accounting technology to banks.

AP Processes 59

AP Processes accounts payable Accounts Payable Automation Technology 59

PYMNTS

AUGUST 12, 2020

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.

AP Automation 69

AP Automation Construction Technology accounts payable 69

CPA Practice

MARCH 17, 2023

The lines are blurring Today’s companies face ballooning challenges like inflation, supply chain disruption, digital transformation and automation initiatives, and even staffing shortages — all of which affect the bottom line in their ways. Technology is the apparent direction in which to look. That should come as no surprise.

Technology 115

Technology accounting and finance AP Processes Finance 115

PYMNTS

AUGUST 17, 2020

And operations still using manual accounts payable (AP) methods are really rethinking things. “A A recent survey found that 38 percent of companies reported implementing AP automations this year, a greater share than the 24 percent who said the same in 2019. Doing More With Less. Reassuring Signals And Positive Attitudes.

AP Automation 61

AP Automation Technology accounts payable AP Processes 61

PYMNTS

DECEMBER 18, 2020

financial executives found that 91 percent were investing in financial technologies intended to help with newly remote operations. The firms were especially interested in deploying automated and advanced learning technologies. percent were considering or currently spending on AP and AR automation.

Technology 64

Technology AP Processes accounts payable B2B 64

MineralTree

JANUARY 25, 2024

It’s a call to action to recalibrate priorities and prioritize digital transformation and automation to keep pace with the shifting market. To move the needle on cost-saving initiatives, many businesses are doubling down on back-office automation. Automation plays an important role in data-driven decision-making.

accounts payable 69

accounts payable AP Automation Account accountant 69

AccountingDepartment

JUNE 8, 2023

Imagine having the ability to scale accounts payables (AP) operations for your e-commerce business, with the same amount of staff, or even less. With Tipalti's AP automation technology, businesses can do just that and accelerate their AP processes across the board.

AP Automation 68

AP Automation E-commerce AP Processes accounts payable 68

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

MineralTree

AUGUST 24, 2023

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.

accounts payable 70

accounts payable quickbooks AP Automation AP Processes 70

MineralTree

MARCH 14, 2024

The question is: How can businesses achieve the efficiency, accuracy, and speed necessary to manage high-volume AP? By applying AP best practices and integrating advanced automation solutions, businesses can streamline payment transactions and empower their teams to manage financial operations effectively, no matter the scale.

accounts payable 52

accounts payable AP Automation AP Processes Account 52

PYMNTS

JULY 30, 2020

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.

AP Automation 60

AP Automation Technology accounts payable NetSuite 60

MineralTree

NOVEMBER 30, 2023

Maintaining finance department efficiency is a constant challenge, especially for teams that rely on legacy technology and manual processes. The good news is that technological advancements have made it possible for finance departments to increase productivity and to do more with less.

Finance 91

Finance AP Automation Approval Workflows Technology 91

PYMNTS

MARCH 19, 2020

Such technology can also help companies keep up with competitors by eliminating frictions throughout the AP process involving onboarding vendors and tracking payments. Cash flow and AP automation innovation. How is their future AP going to play into that?’”.

Technology 52

Technology AP Automation AP Processes accounts payable 52

MineralTree

MARCH 7, 2024

Optimizing your AP process QuickBooks is the obvious first choice for many small businesses seeking an accounting software solution. But the right accounts payable (AP) automation solution can help bridge the gap for a smooth migration process, ensuring data accuracy and consistency—and an overall more efficient AP process.

quickbooks 52

quickbooks AP Processes AP Automation Technology 52

CPA Practice

OCTOBER 25, 2023

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.

quickbooks 59

quickbooks AP Processes Approval Workflows Technology 59

PYMNTS

AUGUST 21, 2019

The drive to eliminate paper in the accounts payable process, to cut the steps that lead to inefficiencies, continues to get a boost from technology. But, as he noted, procure-to-pay processes involve manual labor across several steps. AP automation has been available in one form or another for more than 20 years, said Flynn.

AP Processes 46

AP Processes AP Automation accounts payable Technology 46

PYMNTS

OCTOBER 29, 2018

Accounts payable (AP) automation certainly has the potential to transform the invoice-to-pay process by allowing employees to turn their attention from monotonous, manual tasks to more value-added ones. Transforming AP departments in this way, though, is no straight-forward task — for more reasons than one.

Technology 73

Technology AP Automation B2B accounts payable 73

PYMNTS

JULY 10, 2020

These slow processes make it difficult for AP professionals to quickly pull up information on payment obligations, and they also present plenty of opportunities for human error. SMBs are more likely than larger firms to have old-school AP methods that cause undue frictions. Automating these procedures could help, however.

AP Automation 55

AP Automation Technology AP Processes accounting and finance 55

PYMNTS

OCTOBER 6, 2020

The pandemic has upended supply chains, and upended accounts payable (AP) processes – requiring companies of all sizes and types to move toward digital (and high-tech-powered) means to transform back-office functions. And for that, the AP process has to be smooth.

AP Processes 93

AP Processes accounts payable Technology audit 93

PYMNTS

JANUARY 16, 2020

Solution providers in accounts payable (AP) and accounts receivable (AR) are increasingly servicing not only their corporate customers, but their customers’ own business partners with their technologies. But there is another area of convergence for AR and AP. Wells, HSBC Eye APIs’ AR/AP Opportunity.

Technology 56

Technology accounts payable AP Processes quickbooks 56

CPA Practice

MARCH 27, 2023

While many of these disruptions will continue to present challenges for the foreseeable future, forward-thinking finance leaders can embrace technology and services that will not only help them overcome these issues, but also achieve more efficient and profitable operations. Opportunities ahead The prospects for 2023 are bright.

AP Automation 114

AP Automation Technology accounts payable accounting and finance 114

PYMNTS

JUNE 2, 2020

To provide non-touch invoice processing and support remote work, SoftCo rolled out its SoftCo ExpressAP accounts payable (AP) automation technology. It notes, “being part of the SoftCo ecosystem of smart automation solutions means there is a seamless upgrade path as organizations grow or need to add functionality.”.

Technology 52

Technology accounts payable AP Automation AP Processes 52

PYMNTS

NOVEMBER 21, 2018

With pressure mounting for the enterprise to digitize, accounts payable automation is seen as a crucial part of achieving greater efficiency, cost savings, visibility into spend and strengthening of vendor relationships, to name a few benefits. But going it alone can quickly overwhelm a business. “It’s born digital. .”

Technology 63

Technology AP Automation accounts payable Accounts Payable Automation 63

Accounting Insight

JANUARY 8, 2024

To help this collaboration, businesses should take steps such as implementing AI and automation tools to detect any suspicious activities or anomalies within the Accounts Payable (AP) process. Tackling the late payment crisis will depend on businesses’ ability to adopt technologies that make on-time payments easier.

accounts payable 105

accounts payable B2C Technology accounting and finance 105

PYMNTS

APRIL 9, 2020

To help additional middle-market companies automate their accounts payable (AP) processes, MineralTree announced that it has grown its integration abilities, according to a press release. In separate news, OpenText unveiled its new Trading Grid with a rollout that connects ERP with AP, among other systems.

AP Automation 76

AP Automation AP Processes Technology accounts payable 76

PYMNTS

DECEMBER 17, 2018

14) that it is introducing an invoice automation feature. The company said its Kodak Services for Business will include invoice automation as the company pushes for further accounts payable (AP) automation capability. Bou in a statement.

accounts payable 49

accounts payable Technology AP Automation Account 49

PYMNTS

APRIL 3, 2020

Accounts payable (AP) automation technology presents an obvious benefit to companies of all sizes and industries to boost efficiency and strategize vendor payments. For LockerDome, Lewis explained that one of the most glaring areas of inefficiencies in AP processes is the supplier payment itself.

AP Automation 52

AP Automation Technology accounts payable AP Processes 52