Nanonets
SEPTEMBER 22, 2023
Accounts payable and accounts receivable play a crucial role in a company's financial health and should be managed effectively for optimal cash flow and accurate balance sheet reporting. What is Accounts Payable?
MineralTree
AUGUST 24, 2023
Are you relying on the current accounts payable (AP) workflow in QuickBooks Desktop or Online to manage your financial operations? Leverage Analytics & Optimize Accounts Payable QuickBooks offers a basic payment system but lacks advanced features such as scheduling payments or payment mix optimization.
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AvidXchange
JULY 14, 2022
The credit union’s senior accountant was spending 60-75% of her time managing AP. A lot of our financial operations stemmed from the mid-eighties. READ THE BLOG The post Here’s How a Leading Credit Union Streamlined Accounts Payable Processes and Divorced Paper appeared first on AvidXchange.
AvidXchange
JANUARY 28, 2022
Using industry reports and data insights, we want to help you take advantage of the opportunities — and overcome the challenges — facing the construction industry in 2022. This widespread digitization of the industry is poised to expand beyond design and assembly and into financial operations.
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. Accounts payable (AP) automation allows your financial teams to pay bills in a similar, simplified fashion.
AvidXchange
APRIL 18, 2023
We’ll also address how automating financial operations can help nonprofits stay on top of related challenges. Donors Want Digital Donations McKinsey reports that 82% of Americans conducted a digital payment in 2022 – up from 78% in 2021. Due to financial constraints, many nonprofits can’t offer competitive compensation.
AvidXchange
AUGUST 28, 2023
Reduce Manual Work Accounts payable (AP) departments are often full of tedious manual tasks. Our survey also revealed that only 22% of AP professionals took their full paid time off (PTO) allotment in 2022, and 35% took less than half their PTO. Automation is a desired and welcome addition to most AP departments.
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