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The Power of AI for Accountants

Accounting Insight

In order to streamline process and enhance their capabilities, there are a number of important jobs that Accountants can utilise AI for, including: Fraud detection. Expense management. Expense management Accountants are able to streamline their expense management by utilising the machine learning algorithms of AI.

Account 52
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Young B2B FinTechs Secure Their Seed Rounds

PYMNTS

Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management. But the leader of the pack goes to one corporate travel and expense management startup that impressed investors despite a business trip slump. Bookkeeper360.

B2B 81
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Brex Offers FDIC Insurance, Adds Chief Legal Officer

PYMNTS

Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). Brex said the new funding would be used for engineering and design to advance its tools for expense management and procurement.

Legal 66
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Finding Salve For Business Payments Pain — From Expense To AP

PYMNTS

That expense management pain then extends beyond the employee payer, too, he noted, particularly when it comes to workers’ maverick spend and managers’ inability to ensure purchases are made with verified suppliers for valid, approved purchases.

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Streamlining Business Finances: QBO vs. Xero - Why Outsourcing to Xero with Basis 365 Makes Sense

Basis 365

It offers similar features as QBO, emphasizing bank reconciliation, expense management, invoicing, and inventory tracking. This scalability ensures that accounting processes remain efficient and accurate, regardless of business size or complexity.

Finance 52
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A Guide to AP Automation Technology

MineralTree

These point solutions can include, but are not limited to the following: Invoice Approval Manual invoice approval workflows can be time consuming to manage. Accounts payable teams often must follow up directly with decision makers and department heads to get signatures on invoices.

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Plugging Expense Leaks With Spend Management Solutions

PYMNTS

But setting a half-dozen staffers loose with no-limit corporate cards in, say, Las Vegas has been a leading cause of premature aging among corporate managers, accountants and treasurers for decades. That’s one of many familiar scenarios where spend management is having a massive impact. Tax Time, and Time as a Commodity.