Xero

APRIL 16, 2023

A 2020 study from IBM found that 6 in 10 consumers are willing to change their purchasing habits to reduce their impact on the environment. At the start of 2020, global sustainable investment reached USD $35.5 Attract customers. Attract investors. CarbonInvoice. CarbonTrail. Zero Carbon.

XERO

Cevinio

JANUARY 3, 2024

Building your accounts payable e-invoicing strategy Developing an e-invoicing strategy not only brings you closer to embracing digital transformation but is also essential for businesses aiming to stay competitive; it has transitioned from an option to a strategic imperative.

Accounts Payable

Xero

JUNE 30, 2022

Update overdue bills and invoices in short-term cash flow — Global. In the weeks ahead, you’ll be able to change the planned and expected dates of overdue bills and invoices in bulk within Xero Analytics and Xero Analytics Plus. Company accounts tax. This automates more manual tasks, giving you back more time in your day.

XERO

Xero

SEPTEMBER 7, 2022

Expenses were 14 percent higher in 2021 than in 2020 in Australia and New Zealand, and 18 percent higher in the United Kingdom. The good news is that there are a few steps small businesses and their accountants and bookkeepers can take to minimise cash flow risks. . And, the effects are already being felt.

XERO

Xero

MAY 30, 2022

decline (year to December 2020). Datamolino: Streamlining data from bills, invoices and receipts. Datamolino streamlines and automates the accounts payable process. The app links up with Xero to automatically and accurately extract key data from invoices in any format – PDFs, emails, even paper. .

XERO

Xero

SEPTEMBER 28, 2022

Business apps are designed to help run your business, by assisting with common challenges such as invoicing , payroll , time tracking , reporting and inventory management. They integrate with Xero’s core accounting software, customising and extending Xero to enhance your business capabilities. So why all the hype?

XERO

Fidesic blog

DECEMBER 19, 2024

ACH payments are a safe way to pay vendor invoices and employee payroll. ACH remains the preferred payment method for accounts payable departments to pay their vendors. billion transactions in 2020 (a 8.2% According to data from NACHA fewer than 0.03% of ACH transactions are returned as unauthorized. ACH payments grew to 26.8

Accounts Payable

Future Firm

JULY 21, 2022

Does your firm use an accounting engagement letter when signing on a new client? In this article, you’re going to learn about: What an accounting engagement letter for your firm is. Accounting Engagement Letter: What Is It? What’s included: Enter all expenses into the accounting system based on their invoice date.

Accounting

Nanonets

MAY 11, 2023

Invoice processing or bill processing is the whole gamut of operations associated with the business-end (pun unintended) of purchasing products/services from a vendor. It encompasses all the steps right from receiving a vendor’s invoice to recording the payment made after appropriate checks & approvals.

Invoice Processing

AvidXchange

DECEMBER 15, 2020

Historians will undoubtedly look back on 2020 as a turning point in world history. 2020 will also be remembered by business historians, and finance professionals such as yourself, as a turning point in the fintech industry. The survey also found 74 percent used an automated AP software system in 2020.

AP

Future Firm

AUGUST 22, 2022

Looking for the best accounting practice management software for your firm? Good news, because this is the ULTIMATE accounting practice management software round-up post. Get to know the top accounting practice management software and why it is essential for your business. The Basics of Accounting Practice Management Software.

Accounting

Invoicera

APRIL 10, 2024

Introduction Are you having trouble managing regional invoicing rules for your business? In this article, we’ll discuss regional invoicing rules and best practices for businesses to manage internal invoicing. Still, you should adhere to the invoicing rules of a client’s country of origin.

Invoicing

Nanonets

JANUARY 1, 2024

A billing scheme is a fraudulent disbursement scheme in which a person causes their employer to issue payment by submitting invoices for fictitious goods or services, inflated invoices, or invoices for personal purchases.  What is an Accounts Payable Audit?  What is an Accounts Payable Audit? 

Invoicing

AvidXchange

NOVEMBER 18, 2020

As 2020 comes to a close, it’s time to build on all we learned and look forward to coming out stronger than ever in 2021. Automating payments and invoices, rather than continuing to use paper, has become critical for businesses to keep their lights on. But there’ll be integration challenges — as there have been for several years.

Accounts Payable

Future Firm

JUNE 6, 2022

QuickBooks Connect is one of the most popular annual accounting conferences that’s geared toward QuickBooks users and accounting professionals. QuickBooks Connect is an annual accounting conference held in San Jose, California. focused more on the online accountant version of the platform than the desktop versions.

QuickBooks

MineralTree

APRIL 20, 2023

Since becoming a MineralTree customer back in 2020, MTB has grown from eight to 12 locations and deployed MineralTree’s TotalAP platform across all of its 12 Taco Bell quick-service restaurants (QSRs). Serving Up a Digital AP Workflow MTB uses MineralTree’s TotalAP solution to automate its entire invoice-to-pay process.

AP

AvidXchange

OCTOBER 19, 2021

Success can be tricky to define, especially in financial functions including accounts payable (AP) departments. Accounts payable success is largely tied to hard numbers — invoices processed per month, cost per invoice, outstanding payments, turnover ratio, etc. Invoice approvals are quick, easy and accurate.

Accounts Payable

AvidXchange

FEBRUARY 7, 2022

The industry recovered well from the 2020 recession and is more readily embracing technology to enhance productivity and provide a competitive advantage. When construction firms come to us, they are often trying to resolve issues around the management of invoices.

Accounts Payable

Cloud Accounting Podcast

MARCH 2, 2020

Interested in sponsoring the Cloud Accounting Podcast? Finance 12:58 Intuit confirms that it is buying Credit Karma for $7.1B Finance 12:58 Intuit confirms that it is buying Credit Karma for $7.1B Finance 12:58 Intuit confirms that it is buying Credit Karma for $7.1B Finance 12:58 Intuit confirms that it is buying Credit Karma for $7.1B

Accounting

AvidXchange

JULY 21, 2021

As a controller or accounts payable (AP) manager, you can use more than a dozen key accounts payable performance indicators (KPIs) to track the performance of your AP systems. What are Accounts Payable Metrics? We’re going to dive in to these three accounts payable KPIs in more detail.

Accounts Payable

MineralTree

DECEMBER 15, 2022

In any organization, the accounts payable (AP) department is responsible for handling and processing payments. What is Compliance in Accounts Payable? Compliance in accounts payable refers to the practice of following laws, regulations, and standards related to handling payments. Let’s take a closer look.

Accounts Payable

Nanonets

MAY 22, 2023

Ted Baker, the high street fashion retailer, had to close several stores and restructure itself after a £58m accounting error in January 2020. Several businesses incur heavy losses or even have to shut down upon such financial and accounting errors. This ensures that your financial data is always accurate and updated.

Budgeting

Nanonets

APRIL 14, 2023

Do you know what the future of accounting looks like? ChatGPT is the technology that will revolutionize the accounting field, making it faster and more efficient than ever before. With ChatGPT, accountants can use computer-aided automation to streamline tasks and processes, leaving more time for analysis and insights.

Data Entry

Gaviti

MARCH 10, 2024

The accounting and finance industry, including accounts receivable teams, have been facing an upheaval in recent years, with the lack of accountants and financial professionals causing firms to compete for talented staff. First, many have simply retired.

Accounting

AvidXchange

JULY 14, 2022

James McHale, CFO of LAFCU, Shares How AvidXchange Helped Create Efficiencies from Purchase to Pay Since 2020, James McHale has served as LAFCU’s Chief Financial Officer. hours each week going through check registers, comparing checks to invoices. The credit union’s senior accountant was spending 60-75% of her time managing AP.

Accounts Payable

AvidXchange

JANUARY 1, 2021

As the new year kicks off, many of us feel a renewed sense of optimism and anticipation for the possibility of what lies ahead as we leave behind a tumultuous 2020 and start fresh in 2021. Automating accounts payable processes and payments can help you gain more efficiency, visibility and control over your cashflows.

AP

Nanonets

AUGUST 17, 2023

Every business must deal with purchase orders, bills, invoices, and payments to an array of vendors, who provide everything from basic supplies to high-value equipment and services needed for all the operations of the company. per invoice for the highest process maturity level. per invoice for the highest process maturity level.

Accounts Payable

AvidXchange

FEBRUARY 11, 2022

The advertising industry was hit hard by the pandemic, down more than $20 billion in 2020 , according to Statista. As ad spending continues to climb and media buying and advertising agencies take on more work, what does it mean for staff that handles the invoicing and payments? A lot of work.

Accounts Payable

AvidXchange

MARCH 30, 2023

Products Used: AvidInvoice and AvidPay Industry: Real Estate Year Joined: 2020 Accounting System: Yardi Voyager 7s Customer Name: David Bennett Bio: David Bennett is the senior accounts payable manager at Remedy. Several hours a day were spent opening mail, scanning invoices and filing and stuffing checks into envelopes.

AP

Nanonets

APRIL 14, 2023

From invoices and contracts to emails and memos, documents are an essential part of the daily document processing workflow.   zettabytes in 2020. Looking ahead, from 2020 to 2025, the projection indicates that global data creation will grow to more than 180 zettabytes. It is forecasted to have reached 64.2

Data Entry

AvidXchange

OCTOBER 16, 2023

Though he works with a bookkeeper who handles his finances, outstanding invoices sometimes weigh heavy on his mind. “In In 2023, I’m getting paid for services rendered in 2020 and 2021. He typically waits 45-90 days to get paid on the invoices he submits after completing projects for his clients. But neither is rapid payment.

Invoicing

AvidXchange

SEPTEMBER 29, 2021

You may not expect mythology to have any relevance in the numbers-driven, here-and-now world of accounts payable software and services. More than 80 percent of organizations reported being targets of an attempted or actual payments fraud attack in 2020, the second highest percentage on record since 2009. Sounds simple.

Accounts Payable

AvidXchange

OCTOBER 11, 2022

The challenge: High turnover rate and long approval process The accounts payable (AP) department of Saban Community Clinic struggled to retain qualified healthcare AP workers, making it difficult to maintain business continuity and process invoices and payments on time. Then, I still had to send out the payments.

AP

AvidXchange

FEBRUARY 9, 2022

The pandemic fundamentally shook accounts payable (AP) departments in real estate — forcing remote work and, in turn, accelerating the adoption of AP automation. Many real estate stalwarts have an “if ain’t broke, don’t fix it” mentality when it comes to invoices and payments. It’s unique in that it involves multiple layers.

Accounts Payable

AvidXchange

MARCH 15, 2022

Your customers might be hiring automated accounts payable (AP) software providers, for example, to handle your invoices and payments for them. You won’t be able to track payment status If a client of yours uses AvidXchange, you won’t be in the dark about what’s going on with your invoices and payments.

AP

AvidXchange

SEPTEMBER 21, 2021

We want to help answer this question and share ideas for how you and your company can utilize accounts payable (AP) automation to come out stronger in the days and months ahead by thinking about these changes and opportunities in new ways. Given these trends, what does this mean for how your business processes invoices and pay bills?

AP

AvidXchange

DECEMBER 20, 2021

This article, written by Matthew Cleary, VP of Accounting Operations for Douglas Elliman Property Management , is an excerpt from our recent eBook “Expert Insights: The New State of Real Estate,” available for download here. After all, our business has been around for more than 100 years, and in that span we hadn’t seen anything like 2020.

AP