Remove 2014 Remove Billing Remove Data Entry
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App partner of the month: Datamolino

Xero

We’re excited to announce November’s app partner of the month is Datamolino – an automated data-capture and invoice coding solution that saves small and medium-sized businesses time by reducing manual data entry. Datamolino automates data capture and processing for bills, receipts and invoices.

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App partner of the month: EzzyBills

Xero

EzzyBills was co-founded by Michael and Li Fitzmaurice in 2014 in Australia, after Michael had been creating tools supporting older, legacy accounting software to keep inventory and sales information up-to-date. Through his experience, Michael saw a bigger opportunity to help small businesses with their bills and expenses via the cloud. “I

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Understanding ASC 606 Revenue Recognition?

Billing Platform

When: In May 2014, the FASB and IASB jointly issued Accounting Standards Update (ASU) 2014-09, which introduced ASC 606. Contract management: Ensure the billing solution enables you to easily manage contract rates and payment terms, as well as provides the ability to set specific pricing, define rules, and create account hierarchies.

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Accounting Technologies: The 2023 Annual Guide

Future Firm

Incorporating accounting technology such as optical character recognition (OCR) software enables accounting firms and professionals to streamline their workflow by automating the extraction of machine-readable text from various financial documents, including bills.

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The neXt Era: The Past is Prologue

AvidXchange

In 2009, after reaching the 100 client mark, AvidXchange introduced the AvidBill Network, their electronic vendor invoice submission service, to further streamline the invoice process for customers and eliminate data entry. In 2011, AvidXchange formed a new Energy Information Services (EIS) group, delivered by EnergySolve.

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Customer Testimonial: Valerie Vance is Thankful for Automation!

AvidXchange

Newland Communities implemented AvidXchange Invoice back in 2014 before you joined the company. Valerie : Getting bills paid on time is huge. We pay bills weekly, and we never usually have anything that’s paid late because we’re on top of it. How would you describe the onboarding processing? We get reports.

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AvidXchange Helps Hotel Operator Save 37 Hours Each Week, Cut Processing Time by 80 Percent

AvidXchange

“Within a four-month period back in late 2014, we doubled in size,” says Brian Murphy, Director of J.D. AP representatives who used to function more as data-entry clerks are now able to actively manage accounts instead of paperwork,” Murphy explains. Edwards Business Services at Island Hospitality. We needed a transformation.”

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