CPA Practice

AUGUST 26, 2024

But there is good news: as the accounting industry continues to embrace technology, this has included a shift toward automating and streamlining operations. Chief among the uses for automation in accounting are functions like accounts payable, accounts receivable, and spend & expense management.

Technology

MineralTree

OCTOBER 26, 2023

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.

AP Automation

Airbase

NOVEMBER 29, 2023

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. Why you need AP automation. 2) Appoint an AP automation leader.

AP Automation

MineralTree

APRIL 4, 2024

Leveraging AP automation for a faster process The invoice approval process is a bottleneck for many AP teams. From manually inputting invoice data to chasing down approvers for signatures, a traditional paper-based approval process contains many time-consuming, manual steps that slow down payments and sap resources.

Approval Workflows

CPA Practice

AUGUST 28, 2024

CPA Practice Advisor has announced the 2024 Tax and Technology Innovation Award winners and finalists. Now in their 21st year, the awards highlight technologies that advance the profession. It’s an honor to share all of these new technologies with our readers each year.”

Technology

CPA Practice

AUGUST 28, 2024

Our innovation has been widely recognized, winning “Accounting Tech of the Year” at the 2023 US FinTech Awards and “Best Real-Time Payments Solution” at the PayTech Awards USA 2023. Forwardly’s automated payment processes, including bill payments, invoice management, payment reminders, and reconciliation, significantly reduce manual tasks.

Technology

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

Airbase

DECEMBER 5, 2023

Fortunately, modern expense reporting software now leverages new generative AI technology to make this often-dreaded process more accurate and much easier for employees. Employee name Transaction date Merchant name Receipt amount Expense category Purpose Below is an example of what an automated business expense report looks like in Airbase.

Approval Workflows

Airbase

FEBRUARY 23, 2023

But organizations can overcome those difficulties and position themselves to grow and thrive — with the help of the right technology. P2P software automates and streamlines the process of procuring goods and services, from requisition to payment. Automating payment can reduce the number of late payments. What is P2P software?

Approval Workflows

Accounting Insight

JUNE 26, 2024

Dext is bringing its three products into a single Bookkeeping Automation platform and will release new features to automate employee expenses, simplify approval workflows and more. The post Dext unveils plans for Bookkeeping Automation platform and a raft of new features appeared first on Accounting Insight News.

bookkeeping

PYMNTS

JANUARY 30, 2019

In manufacturing plants, call centers and many other workplaces, automation is the standard. However, when it comes to corporate accounting departments, automation is still the exception. Most companies — especially those prone to payments innovation — believe automating their B2B operations can provide a host of benefits.

AP Automation

Airbase

NOVEMBER 1, 2023

With numerous cost categories, complex approval processes, and the need for accurate recordkeeping, it’s often difficult to maintain control and visibility over all spend. Compliance with tax regulations, internal policies, and complex tech stacks further complicate this task. 4) Automated expense report generation.

Expense Management

Airbase

NOVEMBER 1, 2023

With numerous cost categories, complex approval processes, and the need for accurate recordkeeping, it’s often difficult to maintain control and visibility over all spend. Compliance with tax regulations, internal policies, and complex tech stacks further complicate this task. 4) Automated expense report generation.

Expense Management

PYMNTS

NOVEMBER 2, 2020

Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. To automate AP workflows, Palette's AP Automation for Aptean harnesses robotic process automation (RPA). 2) announcement.

AP Automation

MineralTree

JANUARY 11, 2024

However, accounts payable (AP) automation can make electronic payments in ERP systems , like Netsuite, much easier. AP automation technology enables streamlined and error-free payment processing while maximizing the potential of NetSuite electronic payments and accelerating ROI.

AP Automation

Airbase

OCTOBER 25, 2023

With a team of over 1,300 analysts, IDC offers expertise on technology trends and opportunities. One of their overarching goals is to help technology buyers make informed decisions to achieve their business goals. AP Automation Tour Explore 3-way matching in our AP Automation Product tour.

accounts payable

MineralTree

JANUARY 12, 2023

What are Automated Invoice Payments? Automated invoice payments for businesses refer to when a company digitizes the way they pay their vendors. Automated payments help accounts payable (AP) teams quickly pay suppliers and process invoices by streamlining manual, convoluted AP workflows.

Technology

CPA Practice

MAY 22, 2024

Goldman Sachs recently estimated that automating Accounts Payable processes can result in time savings of 70-80% for small and medium-sized businesses. As companies look to streamline their operations and stay competitive, automated AP solutions can be a game-changing tool for modernizing money management. By Laurent Charpentier.

AP Processes

ThomsonReuters

APRIL 6, 2023

If you are an accountant working within accounts payable, chances are you’ve got an interest in automation. Automation is key to improve the accounts payable process. An integration automation solution can also streamline the accounts receivable process. What is accounts payable automation?

Accounts Payable Automation

PYMNTS

DECEMBER 26, 2018

Patent and Trademark Office, which describe the use of blockchain technology to enable high-volume B2B transactions and enable digital signatures on individual payments. Think about blockchains and crypto technologies, as there may potentially be an opportunity to commoditize some of the features that QLDB provides.

Technology

Dent Moses

APRIL 3, 2024

Expense reimbursement problems are commonly rooted in paper-based systems, which result in lost receipts, data entry errors, and delayed approvals. Modern accounting software can automate these processes, providing a seamless experience for both employees and finance teams. However, selecting the right software can be overwhelming.

Expense Reimbursements

Dent Moses

APRIL 1, 2024

Expense reimbursement problems are commonly rooted in paper-based systems, which result in lost receipts, data entry errors, and delayed approvals. Modern accounting software can automate these processes, providing a seamless experience for both employees and finance teams. However, selecting the right software can be overwhelming.

Expense Reimbursements

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

CPA Practice

JULY 24, 2023

Justworks, a benefits, payroll and HR technology provider, has launched Expenses, an expense management tool that Justworks PEO customers can use to process expense reimbursement requests alongside payroll. Expenses consolidates tools and minimizes the risk of error when reimbursing employees for out of pocket expenses.

Expense Management

CPA Practice

AUGUST 7, 2023

Justworks, a benefits, payroll and HR technology provider, has launched Expenses, an expense management tool that Justworks PEO customers can use to process expense reimbursement requests alongside payroll. Expenses consolidates tools and minimizes the risk of error when reimbursing employees for out of pocket expenses.

Expense Management

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. For example, when employees purchase and use technology without IT’s knowledge, a shadow IT ecosystem can emerge in a company.

Approval Workflows

PYMNTS

NOVEMBER 3, 2020

The partnership will afford companies the ability to streamline end-to-end workflows with a single software solution, allowing for reductions in manual work, expenses and risk that come with cash use, according to the release. Palette Software Integrates With Aptean ERP For B2B AP Automation. 2) announcement.

B2B

MineralTree

SEPTEMBER 7, 2023

But in today’s increasingly digital business world, many AP teams are turning to automation to enhance their workflows — and the invoice approval process is no exception. By embracing AP automation , these teams can streamline their processes and speed up invoice processing times while also improving vendor relationships.

Approval Workflows

Accounting Insight

MAY 26, 2023

The partnership will see cloud accounting provider iplicit integrate its product with Lightyear’s accounts payable automation system. It will add to our portfolio of add-on products for iplicit, serving as an extension to our existing automation centre, which is already saving customers multiple working days every month.

Accounts Payable Automation

PYMNTS

NOVEMBER 13, 2019

Paying suppliers in the ways they prefer, and through tech-driven platforms, means buyers cement strong supplier relationships by helping their critical business partners streamline payment receipt and reconciliation, which are still major pain points for most organizations. Security, of course, remains a critical concern.

AP Automation

Airbase

NOVEMBER 7, 2023

Software can streamline and simplify procurement by creating an end-to-end workflow in one cohesive system. This approach automates and standardizes purchasing activities, making it easier to request, order, pay for, and receive goods or services. Implement clear approval tiers and ensure timely reviews to prevent delays.

Technology

Cherry Bekaert

MARCH 22, 2024

No matter your industry, organizations must automate and streamline core financial management functions. Combining the strength of Cherry Bekaert’s capabilities and Sage Intacct, you can propel your organization to new heights by enabling modern, financial cloud-based technology solutions. You decide what to pay and how to pay it.

general ledger

Anders CPA

JUNE 20, 2024

Automation technology has revolutionized the way businesses operate, streamlining processes and increasing productivity. But what is automation and how can it benefit your organization? Understanding the different types of automation technology and its various uses in the workplace is crucial for driving growth and success.

Technology

MineralTree

FEBRUARY 29, 2024

But with the right AP automation solution, you can automate and simplify the entire AP process. AP automation mitigates the challenges of timely payments and manual process complexities associated with QuickBooks by streamlining and automating the AP process. How do QuickBooks payments work without AP automation?

AP Automation

PYMNTS

DECEMBER 6, 2020

Serent Capital typically focuses on technology and tech-enabled services companies, and Procurement Partners utilizes an eProcurement platform in order to give customers an automated, end-to-end solution for the full purchase cycle from product selection to vendor payment.

Technology

MineralTree

APRIL 6, 2023

ERP Integration: How ERP Systems & AP Automation Tools Work Together An Overview of ERP Systems Enterprise Resource Planning (ERP) refers to a software that allows companies to manage various parts of their organization. This is why many teams supplement their ERP system with an AP automation tool.

AP Automation

MineralTree

OCTOBER 19, 2023

Modern accounts payable software solutions can help businesses transform their AP function, automate AP processes, and overcome manual inefficiencies. These solutions offer a wide range of features and capabilities aimed at simplifying invoice handling, approval workflows, payment processing, and vendor management.

accounts payable