MineralTree

NOVEMBER 17, 2022

Why Now for AP in Retail. The State of AP Report 2022 , MineralTree’s seventh annual report, highlights that AP remains the #1 back-office digitization priority for retailers, and at a higher level than previous years. But what must AP teams do to strengthen these relationships ? Increased Invoice Automation.

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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. 88% reported facing problems with their payments system.

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Accounts Payable Automation accounts payable Technology accounting firms 52

ThomsonReuters

NOVEMBER 16, 2023

The purpose of this series is to help readers gain a better understanding of e-invoicing so that they can stay ahead of the curve when it comes to crafting tax compliance strategies. E-invoicing CTC requirements must be embedded within the core business processes and not be an additional separate process.

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ThomsonReuters

APRIL 6, 2023

Properly managing the accounts payables process ensures consistent and accurate financial information, while also supporting strong business relationships with vendors and suppliers. By definition, accounts payable (AP) refers to all the expenses of a business, except payroll.

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MineralTree

FEBRUARY 1, 2024

It’s almost four years since COVID first appeared, and AP teams are still pressured to get more done despite fewer resources and persistent challenges. The pandemic dramatically exposed the inefficiencies of manual, paper-based processes and the difficulties of managing remote team members, invoice approvers, and payment authorizers.

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accounts payable AP Automation AP Processes Account 74

MineralTree

MARCH 16, 2023

Despite the fact that organizations around the globe are gearing up for digital transformation , many AP teams still heavily depend upon costly and antiquated systems such as paper invoices and checks. There are several tools that teams can use to move away from these manual and expensive processes. What are Today’s Challenges in AP?

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Ryan Lazanis

SEPTEMBER 1, 2023

Invoicing, bank reconciliations, bank and credit card feeds, financial reporting, managing accounts payable and accounts receivable, multi-currency, and the ability to connect to 100’s of 3rd party apps to help small businesses automate all parts of the accounting process. You probably can’t go wrong with the best-known web-based option.

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accounting software quickbooks Account accountant 98

MineralTree

MAY 4, 2023

How to Respond to Vendor Inquiries with AP Automation & Payment Services Not having enough time is the bane of every AP team. Too many are still burdened by the labor- and time-intensive tasks of manual invoice and payment processing, and are paying a heavy price for it. This often turns into a frustrating waiting game.

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MineralTree

DECEMBER 29, 2022

In this blog, we explore the key issues and trends that CFOs must tackle, and offer practical advice on how to prepare for these challenges in order to capitalize on the opportunities of financial digital transformation. Financial digital transformation is the process of leveraging technology to improve financial operations.

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ThomsonReuters

APRIL 6, 2023

Accounts payable (AP) is an important signal in understanding the financial health of a business. By optimizing your accounts payable workflow, you can gain insight into cash flow, make better business decisions, and ensure strong relationships with vendors and suppliers. To optimize your accounts payable workflow, automation is key.

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MineralTree

FEBRUARY 22, 2024

However, many SMBs still rely on a patchwork of manual processes to manage their finances, operations, and people, resulting in higher costs and greater inefficiencies. As SMBs modernize back-office functions and transform financial operations, many rely on Sage Intacct to help manage and streamline processes. Let’s jump in!

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ThomsonReuters

APRIL 6, 2023

From eliminating manual processes to making timely payments to maintaining strong vendor relationships, a streamlined accounts payable process is crucial to the overall financial health of a business. But what should you look for in an accounts payable automation solution? Automation is key to improve the accounts payable process.

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ThomsonReuters

APRIL 6, 2023

To ensure consistent and accurate financial information, a dependable accounts payable process is vital. Often, accounts payable is abbreviated as “AP” or “A/P”. Thanks to the advent of accounting software, this process is much easier than it was in the past. The more accurate the data, the better the forecast.

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inDinero Accounting

JANUARY 9, 2023

By the end of this post, you’ll better understand what a startup accountant should do, so when the time comes to hire one, you’ll know all the right questions to ask. Accounts Receivable/Payable – AR and AP are crucial to accrual accounting. What Makes Accounting Services for Startups Different?

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inDinero Accounting

JANUARY 9, 2023

By the end of this post, you’ll better understand what a startup accountant should do, so when the time comes to hire one, you’ll know all the right questions to ask. Accounts Receivable/Payable – AR and AP are crucial to accrual accounting. What Makes Accounting Services for Startups Different? Company Credit Cards.

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