NextProcess

MARCH 22, 2024

The accounts payable department is responsible for managing a company’s payments. Naturally, you want the method for managing accounts payable to support good financial decisions. Deciding whether to invest in updated accounts payable (AP) processing might not be an easy decision.

Accounts Payable 52

Accounts Payable Accounts Payable AP Outgoing Payments 52

CAAPS

FEBRUARY 9, 2016

Why automate accounts payable? Accounts payable departments often use lots of paper and manual processing is one of the most expensive components of the business accounting cycle. Accounts payable typically requires manual data entry and significant labor costs. 2012, April 4).

Accounts Payable 52

Accounts Payable Accounts Payable Data Entry Accounting 52

Xero

MAY 30, 2022

Fathom is a reporting, analysis and forecasting tool that has been a part of the Xero Ecosystem since 2012. Datamolino streamlines and automates the accounts payable process. With Datamolino, users can automate more than 70% of their total accounts payable volume.

XERO 273

XERO Bookkeeping Accounts Payable Accounts Payable 273

NextProcess

MARCH 31, 2023

If the head of your accounts payable department moved on to a new position tomorrow, could anyone step in to fill their job? Keeping the finance department, including accounts payable, running smoothly is essential for overall business success. The average worker spends only 4.4

AP 52

AP Accounts Payable Accounts Payable Invoicing 52

AvidXchange

NOVEMBER 4, 2022

Dawn Palmer with Brazos Valley Schools Credit Union shares how AvidXchange helped automate their accounts payable process Brazos Valley Schools Credit Union (BVSCU) was chartered in 1954 in Katy, TX as a teacher’s credit union. We not only do the accounts payable through AvidAscend, we do our pre-paids and our deferrals as well.

AP 52

AP Accounts Payable Accounts Payable Expense Reports 52

NextProcess

JANUARY 27, 2023

2) Lower Operating Costs A 2012 survey by the International Data Corporation (IDC) indicated that troubles with paper-based documentation drive up companies’ operating costs significantly. For example, on average, respondents to the 2012 IDC survey spent over 2 hours per week “Searching for, but not finding, documents.”

Microsoft Excel 52

Microsoft Excel Computation Auditing Expense Reports 52

AvidXchange

DECEMBER 1, 2016

By 2003, their invoice approval software, AvidInvoice, was enabling companies to route invoices electronically and create intelligent workflows to automate their accounts payable processes. Headquartered in Houston, Texas, Strongroom has provided accounts payable software solutions to over 200 small and midsize businesses since 2007.

Accounts Payable 40

Accounts Payable Accounts Payable Billing Data Entry 40