Accounting Insight

JANUARY 8, 2024

To help this collaboration, businesses should take steps such as implementing AI and automation tools to detect any suspicious activities or anomalies within the Accounts Payable (AP) process. For instance by offering tax incentives on automation innovations that speed up the entire payments cycle.

accounts payable 105

accounts payable B2C Technology accounting and finance 105

Lockstep

JUNE 1, 2022

As the Federal Reserve tightens interest rates at the highest level in over 20 years, it’s a good time to review your manual accounts receivable (AR) processes to seek out your unresolved cash traps. It’s no surprise that rising interest rates are causing companies to evaluate their AR and cash position. .

Account 75

Account accountant accounted Technology 75

CPA Practice

SEPTEMBER 12, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss Audit Sight , a technology platform that eliminates manual work for auditors, diligence and private equity providers by automating financial transaction verification. Transcript (Note: There may be typos due to automated transcription errors.

audit 111

audit Technology auditor sage accounting 111

CPA Practice

SEPTEMBER 7, 2023

Over the past year, we began creating a more seamless experience across products and a consistent look and feel. Now, we are making it easier to access both AP and AR as well as spend and expense management with a single brand and website,” the company said in a statement.

Accounts Payable Automation 59

Accounts Payable Automation accounts payable Expense Management AP Processes 59

Lockstep

MAY 4, 2022

Is your AR aging creeping beyond resolution? Are you even able to review and report on your aging accounts receivable? The role of accounts receivables (AR) teams is increasingly important as the backbone of your organization’s financial health. Earlier this year, we covered three ways you can reduce your outstanding AR.

Account 81

Account accountant accounted accounts payable 81

Withum

MARCH 15, 2023

Automating Period Close Revenue Recognition Entries Existing NetSuite users already understand the tremendous benefits of automating complicated revenue recognition rules. release, this module gets an upgrade with the enhancement for automated price changes for subscription renewals. features and how they work. Features 1.

NetSuite 105

NetSuite Accounts Payable Automation Technology AP Automation 105

PYMNTS

AUGUST 20, 2020

Now, months into the “new normal” of a remote workforce , organizations have accelerated their digitization roadmaps, with financial functions like accounts receivable (AR) taking precedence with modernization efforts and investments. But it won’t happen overnight: It has to happen gradually.”

B2B 104

B2B Start-ups Account accountant 104

CPA Practice

NOVEMBER 19, 2023

They can save time by sending tax engagements in bulk, eliminate AR by automating payments, and seamlessly connect workflows.” Key benefits of Ignition’s deep integration with Intuit products include: Tax preparers using ProConnect can engage hundreds of clients in minutes by creating and sending bulk proposals in Ignition.

quickbooks 52

quickbooks tax preparation Tax tax planning 52

PYMNTS

FEBRUARY 1, 2021

The pandemic has added heat to this fire, driving many firms harder to find quick-to-adopt options for digitizing their AR operations. In a recent interview with PYMNTS, Hagan discussed how businesses are integrating their back-end systems with bank platforms to bring greater efficiency to their processes. . Reconciliation Challenges.

accounts payable 93

accounts payable Technology Account accountant 93

Lockstep

JANUARY 4, 2023

If you manage accounts receivable (AR) and accounts payable (AP) for your business, you know how important it is to have a system in place to keep track of all incoming and outgoing payments. A shared accounting inbox can be a great way to do this, as it allows both AR and AP managers to see all payments in one place.

Account 92

Account accountant accounted accounts payable 92

PYMNTS

NOVEMBER 10, 2020

Businesses of all sizes struggle with capital management, regardless of whether they employ staff or seek out third parties to handle their cash flows, accounts payable (AP) and accounts receivable (AR) processes and other related tasks. Automating Capital Management. Factors Affecting Working Capital Needs.

Technology 87

Technology accounts payable accounting and finance Sales 87

PYMNTS

SEPTEMBER 27, 2020

HighRadius , a FinTech working in automation for order-to-cash and treasury management, has announced an expanded strategic relationship with Commerce Bank , according to a press release. The agreement made all of HighRadius' products available for Commerce Bank clients.

Technology 89

Technology Account accountant accounted 89

PYMNTS

SEPTEMBER 3, 2020

This week's look at the convergence of accounts payable (AP) and accounts receivable (AR) explores how optimizing one side can have a positive effect on the other. Analysts Eye AR Automation To Mitigate Risk. A new report from Frost & Sullivan is shedding light on the value of AR automation.

accounts payable 78

accounts payable B2B audit Account 78

Withum

JANUARY 25, 2024

This is applied in areas like quality control, where the system can visually inspect products for defects and supply chain management, tracking and managing through visual recognition. Law firms use this type of AI to analyze contracts, marketing departments to approve “proofs,” and manufacturers to scan products for quality purposes.

AP Automation 64

AP Automation Technology NetSuite Manufacturing 64

PYMNTS

DECEMBER 22, 2020

This week's look at the convergence of accounts payable and accounts receivable finds tools like commercial cards, trade credit, artificial intelligence and robotics process automation easing friction on both ends of a B2B transactions. PYMNTS And CSI Eye AR-AP's Digital Shift. Robotics Process Automation Tackles AR-AP Friction.

Technology 79

Technology accounts payable B2B Legal 79

PYMNTS

DECEMBER 2, 2020

There’s an imbalance in B2B payments — between buyers and suppliers, and between automation on one side of the cash flow equation and manual, paper-based processes on the other. Companies are learning how to be more efficient, do more with less, do more with technology,” he said. “I Addressing The Chokepoints .

B2B 79

B2B Technology AP Automation accounts payable 79

Lockstep

APRIL 20, 2022

And as a result, you have all these disconnected systems, where teams are using one-off solutions to manage accounting workflows. . “ The AR process as a whole is one big system, and it needs multiple pieces working together in order for it to be successful ,” notes Austin Riddle, Account Executive, Lockstep. REQUEST A DEMO.

Technology 52

Technology auditor accounting system Account 52

Lockstep

APRIL 13, 2022

Is your AR Aging creeping beyond resolution? Are you even able to review and report on your aging accounts receivable? The role of accounts receivables (AR) teams is increasingly important as the backbone of your organization’s financial health. Leverage AR Automation . Provide accurate and timely information .

Account 52

Account accountant accounted accounting system 52

Accounting Seed

JANUARY 9, 2024

Here are the top 5 tips for better accounting processes in 2024, and the ways Accounting Seed on Salesforce can support you along the way. Embrace Automation Technologies: We get it. But leveraging the latest automation tools will help you streamline routine tasks, reduce manual errors, and enhance overall efficiency.

Account 59

Account accountant accounted Technology 59

ThomsonReuters

NOVEMBER 16, 2023

Nazar Paradivskyy, Vice President of Regulatory Affairs at Pagero, and Jesse Shannon, Senior Product Marketing Manager at Thomson Reuters, shared valuable insights on the essential considerations for companies aiming for a smooth transition into the era of real-time digital tax controls.

Tax 59

Tax Technology AP Automation accounts payable 59

Lockstep

JULY 27, 2022

Interest rates are on the rise, so it is more important than ever to make sure that your business is doing everything possible to mitigate risk. Stay ahead of the curve by leveraging automation for customer credit scoring. . What are some credit policy options? What is customer credit? .

B2B 86

B2B Sales Account accountant 86

MineralTree

SEPTEMBER 28, 2023

To keep pace with these changes, it’s imperative for financial functions to rethink their processes to boost productivity. An Overview of Productivity in Finance Finance encompasses a range of functions that directly impact decision-making, planning, and overall business strategies.

Finance 78

Finance AP Automation AP Processes Technology 78

Lockstep

DECEMBER 15, 2022

Ensuring this secure connection allows Acumatica customers to leverage the award-winning accounts receivable automation technology to elevate Acumatica users’ collections strategy, while DSO by 30%. About Lockstep: Lockstep is a connected accounting network that automates accounting workflows between companies.

Technology 75

Technology accounts payable Account accountant 75

PYMNTS

APRIL 14, 2020

Legacy accounts receivable (AR) and accounts payable (AP) operations aren’t only inefficient, they’re costly. PYMNTS’ latest The Optimizing AP and AR Playbook , a collaboration with OnPay Solutions, found that businesses in the U.S. Digitizing AR and AP can help eliminate those unnecessary costs.

AP Processes 78

AP Processes B2B Technology accounts payable 78

PYMNTS

MAY 28, 2020

To automate accounts receivable (AR) for mid-sized companies, HighRadius has rolled out its RadiusOne A/R Suite. The RadiusOne A/R Suite will provide the essential apps for AR teams at midsized businesses to instantly plug their ERPs and AR processes into this network and digitally connect with their buyers across the globe.”.

Technology 52

Technology NetSuite accounts payable B2B 52

CPA Practice

OCTOBER 9, 2023

Now, SMB finance departments may eliminate slow manual AR processes to reduce days sales outstanding (DSO) and speed time-to-cash, all with zero fees. Users on the platform can now incentivize their customers to pay sooner using automated Paystand features such as the embedded “pay now” buttons.

NetSuite 52

NetSuite Technology B2B accounting and finance 52

PYMNTS

SEPTEMBER 30, 2020

Target ’s “Deal Days” are set to compete day-to-day with Amazon’s proprietary holiday , which was confirmed just hours before Target’s. The “Deal Days” will showcase digital promotions on thousands of products. 83%: Share of firms that have changed their AR processes since COVID-19. All this, Today in Data.

Account 52

Account accountant accounted Retail 52

CPA Practice

MARCH 17, 2023

The lines are blurring Today’s companies face ballooning challenges like inflation, supply chain disruption, digital transformation and automation initiatives, and even staffing shortages — all of which affect the bottom line in their ways. What are the savviest CFOs looking to technology to address next?

Technology 115

Technology accounting and finance AP Processes Finance 115

Withum

SEPTEMBER 6, 2022

With the forementioned growth, product and service offerings begin to diversify; and with this process there is correlated growth in types and amounts of expenses. Given this, a company must begin to grow and scale processes that enable decision-makers to have granular insights into product, service and department activities.

Account 122

Account accountant accounted accounts payable 122

Lockstep

APRIL 6, 2022

Managing today’s accounting email inboxes with limited collaboration capabilities means teams are using Slack, Teams, productivity tools, phone calls, IMs, and smoke signals to close the books. There’s a better way to manage accounts receivable (AR). Speak to one of our product solution specialists today. GET STARTED NOW.

Account 77

Account accountant accounted Start-ups 77

PYMNTS

FEBRUARY 1, 2021

Vision33 has acquired the iDocuments product suite from U.K. 1) press release , saying the acquisition will provide the company with access to new automation options and better visibility for B2B processes, among other benefits. AmEx also teamed with HighRadius in order to give companies access to an integrated AR management platform.

AP Automation 43

AP Automation Account accountant accounted 43

PYMNTS

MARCH 12, 2020

Open banking and bank-FinTech collaboration can be an effective way for financial institutions (FIs) to launch new digital products. This week, Bectran, which provides a B2B credit management solution, announced enhancements to its Cash Application automation capabilities. Jack Henry Links FIs to AR Finance Offering.

accounting and finance 77

accounting and finance Technology B2B Finance 77

Lockstep

DECEMBER 8, 2022

Lockstep provides an API for developers to connect to and leverage the accounting and financial data of their customers to automate workflows between companies. About Lockstep: Lockstep is a connected accounting network that automates accounting workflows between companies.

accounting and finance 81

accounting and finance Arizona accounts payable Finance 81

PYMNTS

MARCH 3, 2020

It’s not difficult for a supplier to tell when accounts receivable (AR) processes are not optimized. Late payments, invoice disputes and even fraud are all glaring red flags of AR inefficiencies and friction. Unfortunately, said Spear, many businesses fail to standardize and automate many of these processes.

Account 74

Account accountant accounted B2B 74

Snyder

JUNE 27, 2022

What is accounts receivable (AR)? Managing your AR with Synder. What is accounts receivable (AR)? An account receivable (AR) is the money that a company will receive from a customer for purchasing a product or service on credit. Managing your AR with Synder. Account receivable vs account payable.

accounting basics 98

accounting basics Account accountant accounted 98

CPA Practice

DECEMBER 11, 2023

QBD Upheaval: With Intuit dropping support for QBD and driving away small business users with significant cost increases, the millions of users still on desktop will just “stay and pray” that things will continue working with their legacy versions, and if forced, will consider other products causing upheaval in the small business accounting space.

accounting firms 116

accounting firms Technology Account accountant 116

PYMNTS

DECEMBER 24, 2020

For years — decades, even — B2B payment leaders and innovators had been talking about the digitization of corporate payments within accounts receivable (AR) and accounts payable (AP) departments. But for many organizations, this trend had been more talk than action. You have to find other solutions.".

B2B 113

B2B accounts payable Technology Start-ups 113