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E-invoicing? We already do this don’t we?

AP Association

According to a Billentis report in 2017, 90% of invoices worldwide are still processed manually. The end result is 100% accurate transfer of data; what is sent by the supplier is received by the customer. The NHS started adopting structured e-invoicing in January 2016.

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How Taking AP Paperless Empowers a Mechanical Services Company to Save Time and Gain Visibility

AvidXchange

Our invoices were in one system and data entry in another, which meant matching was especially time-consuming and complicated,” said Smothers. When they didn’t find a match, they’d waste time chasing down answers to figure out what was missing or who was holding things up.

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What is audit automation?

Nanonets

The integration of Artificial Intelligence (AI), cloud-based data storage solutions, and data analytics tools is set to transform the audit industry, reshaping the way accountants and auditors carry out their tasks. Automation obviates labor-intensive tasks like data entry and analysis.

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Shifting to AP Automation, Healthcare Provider Speeds Up Invoice Approvals by 86 Percent

AvidXchange

Using AvidXchange software, treasurer approves invoices and checks anytime, anywhere This all changed in 2017 when Rego and his finance team decided to start using the AvidXchange accounts payable (AP) software products, AvidPay and AvidInvoice, to complement their use of the Blackbaud accounting system. Brian Murphy Director of J.D.

AP 52
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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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Building a Business Case for AP Automation with NetSuite

AvidXchange

With NetSuite , vendors can submit invoices via mail or email, and AvidXchange will handle data entry on your company’s behalf. A recent AFP report shared that 78 percent of surveyed organizations were targeted for payment fraud in 2017, with 74 percent of those businesses being targeted by paper check.

AP 52
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Robotic Process Automation: The Meaning, Myths & Truths of RPA

AvidXchange

Data and Machine Learning — Goldmine of Growth Opportunities in AP Automation Benefits of Roboctic Process Automation As you can see from this process, RPA speeds up invoice processing and reduces time-consuming data entry and errors.

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