AvidXchange

SEPTEMBER 6, 2017

Bill : We’ve been AvidXchange customers since 2009, so we were an early adopter of accounts payable automation. We decided to replace and enhance our AP invoice processing and go paperless. The approver might be traveling, and we wouldn’t have any visibility into the invoice or its status. It can’t get lost.

Accounts Payable 52

Accounts Payable Accounts Payable Billing AP 52

MineralTree

DECEMBER 15, 2022

Without AP automation to centralize all of the invoices and related documents, audits are a nightmare for AP teams that must physically sort through stacks of paper to find the docs they need. Mistakes made when manually copy coding invoices take a lot of time to correct. This is the second highest it’s been since 2009.

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

Nanonets

MAY 31, 2023

This was evident during the 2008-2009 financial crisis, as shown in McKinsey’s survey above. Promoting cross-functional collaboration and leveraging collective intelligence can also contribute to cost reduction. Technology empowers businesses to maximize productivity by automating repetitive and time-consuming manual tasks.

Data Entry 52

Data Entry Invoicing Computation Collections 52

Cloud Accounting Podcast

JUNE 16, 2020

Normally they do, but sometimes they can't collect because the merchant then goes out of business. David Leary: [00:17:41] You can get loans and use that, if you're an e-commerce seller, to pay your invoices. Then, I would invoice my clients. Nobody really cares that much because it's not a big deal in the big scheme of things.

QuickBooks 40

QuickBooks Bookkeeping XERO Payroll 40