Airbase

FEBRUARY 23, 2023

Approval workflows: Customizable approval workflows ensure that the appropriate individuals approve POs and invoices before payment is made.

Approval Workflows 130

Approval Workflows Technology general ledger AP Processes 130

CPA Practice

AUGUST 7, 2023

Administrators can set up approval workflows and custom rules, providing structure for employees and simplifying the reconciliation process for accountants. Expenses consolidates tools and minimizes the risk of error when reimbursing employees for out of pocket expenses.

Expense Management 94

Expense Management Expense Reimbursements Approval Workflows payroll 94

CPA Practice

JULY 24, 2023

Administrators can set up approval workflows and custom rules, providing structure for employees and simplifying the reconciliation process for accountants. Expenses consolidates tools and minimizes the risk of error when reimbursing employees for out of pocket expenses.

Expense Management 94

Expense Management Expense Reimbursements Approval Workflows payroll 94

Xero

AUGUST 29, 2023

While there is technically an audit trail when the review and approval expenses take place via email, getting access to these sources of information can be a completely different story. There also needs to be a clear approval workflow outlined for employees.

Approval Workflows 84

Approval Workflows general ledger audit Expense Management 84

Airbase

JANUARY 13, 2023

Automated approval workflows. Set up automated approval workflows for invoices so that invoices are approved and paid in a timely manner. Over time, invoice automation systems have become increasingly sophisticated and now include a wide range of features, such as: Electronic invoicing. 3-way matching.

Technology 130

Technology Approval Workflows NetSuite Spend Management 130

Airbase

OCTOBER 25, 2023

IDC recognizes the importance of this new approach: “Guided procurement applications provide an inviting approval workflow that is easily understood by all stakeholders in the approval chain. It is immediately obvious where the action lies, and parallel approvals are supported.

accounts payable 130

accounts payable AP Automation Approval Workflows Technology 130

MineralTree

NOVEMBER 30, 2023

Make It Easier to Approve Invoices Efficient invoice approval workflows are essential for preventing bottlenecks and simplifying financial operations. Automate the Entire End-to-End AP Process AP automation encompasses invoice capture , approval workflows, payment processing, and reconciliation.

Finance 91

Finance AP Automation Approval Workflows Technology 91

Airbase

MAY 15, 2023

As companies grow, the number of stakeholders in the purchasing process increases, which makes approval workflows and oversight responsibilities more complex. Airbase’s Guided Procurement module solves these problems by adding greater visibility into, and control over, all purchasing requests.

Approval Workflows 130

Approval Workflows Legal audit accounts payable 130

Lockstep

JANUARY 17, 2023

We have enhanced the approval process, adding in several requested features, making your job a lot easier. Improved approval email. Approval processes have been simplified for everyone thanks to the enhancements Lockstep Inbox has implemented in its approval workflow. Multi-level approval workflow.

Approval Workflows 85

Approval Workflows Account accountant accounted 85

Airbase

MAY 12, 2023

When approval workflows are built into every purchase, a complete record is dynamically created for every transaction. A guided intake process proactively prevents problems with missing vendor information by collecting it up front. And, with a rule-based methodology, the system can prompt employees for missing receipts.

Approval Workflows 130

Approval Workflows Modern Spend Management Legal Spend Management 130

CPA Practice

DECEMBER 17, 2023

For those who have begun, the most digitized AP task is invoice approval/workflows (71%), followed by invoice data capture and coding (66%), payment execution (58%) and payment authorization (58%), among others. And they report substantial benefits as a result: 85% have realized efficiency gains.

AP Automation 132

AP Automation Finance AP Processes Approval Workflows 132

CPA Practice

NOVEMBER 14, 2023

For a limited time, QuickBooks is also giving businesses 50% off the monthly base price for QuickBooks Bill Pay (Premium or Elite) for the first three months of service, starting from the date of enrollment.

quickbooks 111

quickbooks AP Automation Accounts Payable Automation Approval Workflows 111

PYMNTS

NOVEMBER 2, 2020

To automate AP workflows, Palette's AP Automation for Aptean harnesses robotic process automation (RPA). The intuitive dashboard of Palette offers a full summary of vendor invoices as well as their status in the approval workflow in addition to outstanding payables.

AP Automation 56

AP Automation Technology Approval Workflows AP Processes 56

Airbase

NOVEMBER 2, 2023

But the software behind the transaction creates the magic, and in Airbase, it comes down to the workflows. When an employee needs a virtual card, the card request is routed through a configurable approval workflow before the money is spent.

accounts payable 130

accounts payable Account accountant accounted 130

Airbase

JUNE 30, 2023

To assess travel plans for their environmental impact, you can customize a virtual card approval workflow to include a Sustainability milestone with specific fields. NetSuite users can reimburse employees from foreign subsidiaries in their local currencies.

NetSuite 130

NetSuite Expense Management Approval Workflows accounting and finance 130

CPA Practice

OCTOBER 25, 2023

Key benefits of purchase order automation capabilities from BILL for QuickBooks Desktop include: Enhanced Control and Visibility: Customers can compare PO, item receipt, and invoice details on one screen, then quickly match and send bills into an automatic approval workflow to reduce potential fraud or payment errors.

quickbooks 59

quickbooks AP Processes Approval Workflows Technology 59

Airbase

MARCH 31, 2023

The customizable approval workflows and policies are extremely user-friendly/configurable to help meet our stakeholders’ and compliance requirements.” It seems they value our feedback and want to put our requested updates in their product roadmap.” Meets requirements: 95 Airbase users give us top marks. “The

AP Automation 130

AP Automation Spend Management Spend Management Platform Approval Workflows 130

Withum

JULY 11, 2023

Define roles and responsibilities, approval workflows, data management practices security standards and compliance requirements.

Government 40

Government Approval Workflows 40

Airbase

APRIL 18, 2023

Airbase’s approval workflows have always routed requests to the appropriate spend approvers, but now additional stakeholders can maintain oversight and participate in approvals without ever leaving the software environments they rely on. IT teams might use Jira and OneTrust, legal teams might use Ironclad and DocuSign.

Modern Spend Management 130

Modern Spend Management Spend Management Approval Workflows audit 130

MineralTree

AUGUST 24, 2023

Add an Automated Approval Workflow The lack of an integrated approval workflow and limited number of user licenses in QuickBooks often requires manual approvals via email.

accounts payable 70

accounts payable quickbooks AP Automation AP Processes 70

MineralTree

OCTOBER 26, 2023

These point solutions can include, but are not limited to the following: Invoice Approval Manual invoice approval workflows can be time consuming to manage. However, these targeted solutions do not provide end-to-end automation.

AP Automation 76

AP Automation Technology AP Processes accounts payable 76

Accounting Seed

JANUARY 9, 2024

Use collaborative tools and platforms to facilitate seamless communication between finance teams and all other departments to ensure information is shared and to maintain a cohesive workflow—it’s worth the investment! How can Accounting Seed help? We help you ensure your data is consistent, accurate, and visible to the right teams.

Account 59

Account accountant accounted Technology 59

MineralTree

NOVEMBER 9, 2023

Features like automated invoice processing and payment approval workflows streamline AP processes both in a top-level or entity-level structure. QuickBooks MineralTree’s integration with QuickBooks streamlines the AP process by automating invoice capture , approval workflows , and payment processing.

AP Processes 72

AP Processes AP Automation Approval Workflows NetSuite 72

Airbase

NOVEMBER 1, 2023

With Airbase, the system enforces compliance with automated approval workflows. This minimizes unauthorized or wasted spending and promotes fiscal responsibility. Effective enforcement can be a complex task, however, without the right systems in place. 7) E-procurement tools.

Expense Management 130

Expense Management Technology NetSuite Spend Management 130

Airbase

NOVEMBER 1, 2023

With Airbase, the system enforces compliance with automated approval workflows. This minimizes unauthorized or wasted spending and promotes fiscal responsibility. Effective enforcement can be a complex task, however, without the right systems in place. 7) E-procurement tools.

Expense Management 130

Expense Management Technology NetSuite Approval Workflows 130

Accounting Insight

MAY 26, 2023

Duplicate flagging and bank check feature: This automatically alerts the user to any duplicate bills that may already be in their approval workflow so an invoice is not paid twice. The bank check feature ensures details on the supplier invoice are correct, keeping users safe from paying fraudulent invoices.

Accounts Payable Automation 72

Accounts Payable Automation Technology accounts payable Account 72

PYMNTS

AUGUST 12, 2020

Also, the approval workflow is coded into the system, where exceptions are handled. As a result, administrators and approvers have a faster way to take care of problems. Finance administrators have less work because manual signatures aren’t required, paper files are taken out of the equation and invoice data can be searched.

AP Automation 69

AP Automation Construction Technology accounts payable 69

Lockstep

JUNE 15, 2022

Your credit plan should cover rules, regulations, and procedures to manage daily operations, approval workflow, and resources. The first step toward improving credit and collections is to develop a formal policy (your credit plan). Your credit plan should include a mission statement or well-defined company goal. .

Approval Workflows 89

Approval Workflows B2B Sales Account 89

PYMNTS

DECEMBER 6, 2020

Procurement Partners also recently worked with CHAMPS Group Purchasing to let CHAMPS members access things such as ordering controls with more compliance with contracts, electronic order approval workflows and higher levels of transparency, which can result in savings of 10 percent or more, PYMNTS writes.

Technology 60

Technology Approval Workflows Healthcare audit 60

MineralTree

SEPTEMBER 28, 2023

Improve the Invoice Approval Workflow Traditional, email- and paper-driven invoice approval methods are burdensome for financial professionals and prohibit remote or hybrid working environments. Enhancing the invoice approval workflow through AP automation tools can reduce manual effort and boost productivity.

Finance 78

Finance AP Automation AP Processes Technology 78

Xero

APRIL 16, 2023

It automatically extracts data line-by-line from supplier bills or purchase orders and integrates them directly into the approvals workflow, eliminating manual data entry. Another great option is Lightyear , which focuses on automating Purchasing and Accounts Payable. It can also link into point-of-sale and inventory as needed.

accounts payable 69

accounts payable Approval Workflows payroll Agriculture 69

MineralTree

DECEMBER 14, 2023

What is Digital Invoice Approval? Digital invoice approval involves reviewing, approving, and processing invoices electronically prior to payment. An electronic approval workflow takes out the paper-based component of this process to improve transparency, allowing teams to accurately track the status of their invoices.

accounts payable 66

accounts payable AP Processes AP Automation Approval Workflows 66

CPA Practice

OCTOBER 11, 2023

For those who have begun the automation journey, the most digitized AP task is invoice approval/workflows (71%), followed by invoice data capture and coding (66%), payment execution (58%) and payment authorization (58%). In addition, they are gaining much-needed visibility into cash flow and working capital.

Finance 59

Finance AP Automation AP Processes Approval Workflows 59

Withum

JUNE 16, 2022

The approval workflow can be modified to determine who reviews those outliers detected. You can customize fields through the configuration settings, which allow you to set specific thresholds for each journal. Each anomaly is flagged with an icon noting the issue so a resolution can be found quickly.

general ledger 59

general ledger Accounts Payable Automation Approval Workflows accounts payable 59

MineralTree

MARCH 14, 2024

Efficient processing, approval, and payment execution help minimize errors, reduce fraud risks, and ensure timely payments, which are vital for maintaining good vendor relations, operational efficiency, and financial stability. Challenges in managing high-volume AP High-volume AP comes with its own challenges.

accounts payable 52

accounts payable AP Automation AP Processes Account 52

PYMNTS

AUGUST 9, 2020

CHAMPS members will be able to access benefits like ordering controls via increased compliance with contracts, electronic order approval workflows and more transparency for any purchase, with the adoption of a P2P system enabling more automation and cost containment benefits.

AP Automation 58

AP Automation Approval Workflows audit B2B 58

PYMNTS

MAY 20, 2020

“With the CashWire-Workday integration, Workday users will be able to instantaneously create wires and monitor payment status in real-time as wires move through the CashWire approval workflow,” Haslam said, according to the release.

Approval Workflows 58

Approval Workflows B2B account management accounting manager 58