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Leading analyst IDC recognizes innovation in procurement solutions.

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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.

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Serent Capital Invests In Procurement Partners

PYMNTS

Procurement Partners , which works on procure-to-pay (P2P) services for healthcare providers, has received an investment from Serent Capital , according to a press release. Through 100 percent invoice integration, the service boasts improvements to savings, and offers a compliance audit feature that can help vendors cut spending.

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

MineralTree

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. Let’s take a closer look.

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The major benefits of AP Automation.

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Modern solutions increasingly take a more holistic approach and automate many pre-accounting tasks, like approval workflows and securing receipts and contracts. Transaction software for AP automation was first launched in 2000 and was tailored for specific industries, such as real estate, healthcare, and manufacturing.

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ERP Integration: How ERP Systems & AP Automation Tools Work Together

MineralTree

Streamlined Invoices Approval Workflows AP automation makes invoice approvals easy. AP staff no longer need to manually send reminders to decision makers regarding invoice approvals or payment authorizations. For healthcare, these are particularly important since there are a smaller number of suppliers.