AvidXchange

MARCH 17, 2025

In this piece, well address five trends impacting K-12 schools and share how automating financial operations can help so you can focus on educating your students. McKinsey reports that 82% performed a digital payment in 2022 up from 78% in 2021. Additionally, they ease report generation, tax compliance and auditing.

AP

AvidXchange

APRIL 18, 2023

In this piece, we’ll address five trends currently impacting K-12 schools and share how automating financial operations can help. McKinsey reports that 82% performed a digital payment in 2022 – up from 78% in 2021. Additionally, they ease report generation, tax compliance and auditing.

AP

Nanonets

NOVEMBER 14, 2023

  In an era where digital transformation is reshaping every aspect of business operations, the role of Accounts Payable (AP) is also undergoing a significant evolution. billion in 2021 to USD 7.5 It represents a fundamental shift in how businesses manage their financial operations. billion by 2030 at a CAGR of 12.5%.​​

Accounts Payable

AvidXchange

OCTOBER 11, 2022

In fact, according to the Association for Financial Professionals’ 2021 Payment and Fraud Control Survey , paper checks continue to be the top vehicle for payment fraud. Remember to include costs for audit fees, lost supplier discounts, mailing and printing, payment mistakes, equipment and more.

AP

oAppsNet

APRIL 23, 2025

Morgan’s 2022 AFP Payments Fraud and Control Survey, 71% of organizations experienced a payment fraud attempt in 2021. Duplicate Auditing: AP automation platforms can flag duplicate entries before they’re paidreducing human error and financial leakage. Best Practices for Strengthening AP Internal Controls 1.

AP