MineralTree

JUNE 29, 2023

In MineralTree’s 2022 State of AP report, 71% of finance leaders reported that vendor relationships have become more important over the past year, demonstrating the importance of a strong vendor management plan. 5 Key Supply Chain Challenges Impacting Vendor Management Supply chains are being bombarded from all directions.

Vendor Management

AvidXchange

OCTOBER 16, 2023

There’s no credit check required, and suppliers can work with a dedicated team focused on facilitating payments and supporting the accounts receivable (AR) process. Reconciling my books faster is such a relief.” A job is worked on and now it’s off the table with Invoice Accelerator. I never have to worry about it again.

Invoicing

AvidXchange

AUGUST 5, 2022

When apartments turn over at the beginning and end of each school year, we may process more than one hundred checks in a single day, manually entering, reconciling and depositing them for payment,” said Clark. I started looking for opportunities to streamline and automate our antiquated accounts receivable (AR) processes.”

AR

AvidXchange

JULY 14, 2023

In 2022, we processed more than 70 million transactions. AvidXchange Supplier Network Advantages AvidXchange offers members of its Supplier Network some specialized elective services to support the accounts receivable (AR) process. STP reduces the time spent on receiving, processing and reconciling payments.

Deposits

AvidXchange

APRIL 14, 2023

But in 2022, the U.S. Read on to learn how criminals are stealing and “washing” checks, plus what you can do to better secure your company’s finances from this type of fraud. There are a number of fraud detection software options that can automate this process for you and send reports on potential red flags.

Deposits

MineralTree

AUGUST 24, 2023

After the invoice has been processed, the AP team queues up payments to suppliers, reconciles payments , and creates a QuickBooks payment record. The AP Workflow With QuickBooks and Automation Finance professionals ranked AP as their top priority for digitization and automation in our 2022 State of AP Report — and for good reason.

Accounts Payable

Gaviti

MARCH 6, 2023

By 2022, that number had dropped to 50% , but MFA still plays a critical role in security. Automation allows businesses to streamline processes, eliminating time-consuming manual tasks that are prone to errors. Auto-validated payment tools verify the accuracy of payments against AR records and identify errors.

Customer Service