AvidXchange

DECEMBER 20, 2024

Creating 1099 reporting is one task that can take less time with accounts payable (AP) automation. For the 2024 tax year, businesses must issue a 1099-NEC to recipients and file it with the IRS by January 31, 2025, according to the IRS. Tax season is a busy time for finance departments. Note: AvidXchange , Inc.

AP 52

AP Data Entry Accounts Payable Accounts Payable 52

AvidXchange

JANUARY 22, 2025

And nearly one-third of contractors reported having 11 or more unfilled craft positions as of June 2024, according to the AGC and Arcoro survey. Digital tools give teams the flexibility to respond quickly and maintain efficiency, no matter the outcome, said Brian Thayer, VP & GM of Sales. construction firms face hiring challenges.

AP 52

AP Accounts Payable Accounts Payable Budgeting 52

Invoicera

JANUARY 19, 2025

Statistics say that in 2023 alone, the global accounts receivable automation market was valued at $3.81 from 2024 to 2030. Managing your business Accounts receivable and payable is tough! It is expected to grow at a rapid CAGR of 12.9% Cost and Time Savings As the old saying goes: “Time is money.”

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables AR 40

Remote Quality Bookkeeping

MAY 15, 2025

As of 2024, there are approximately 34.8 DIY Bookkeeping Without Proper Training Trying to manage your books without understanding basic accounting principles can be more damaging than neglecting them altogether. Small businesses are the backbone of the U.S. million small businesses nationwide, making up 99.9% of all U.S.

Small Business Bookkeeping 52

Small Business Bookkeeping Business Bookkeeping Bookkeeping Outsourced Bookkeeping 52

NextProcess

APRIL 4, 2025

With our suite of software modules, you can automate budgeting, project management, purchasing, accounts payable, travel and expense management, and payment disbursements. Recently, a literature review published in Frontiers of Computer Science collected and examined 35 years’ worth of studies on spreadsheet errors.

Data Entry 52

Data Entry Collections Budgeting Reconciling 52

Remote Quality Bookkeeping

JUNE 15, 2025

With loan delinquencies still above pre-pandemic levels and credit standards for small business lending tightening throughout 2024 and 2025, access to new funds may disappear just when you need it most. The lack of reliable cost information led to bad bids and shrinking profits, ultimately resulting in closure.

Bookkeeping 52

Bookkeeping Payroll Financial Reporting Data Entry 52

Nanonets

NOVEMBER 18, 2024

Automated export to accounting systems 8. The platform particularly shines in accounts payable automation and vendor document processing where template maintenance would be impractical. Custom model training with as few as 10 samples 4. Pre-built models for invoices, receipts, IDs 5. Multi-stage approval workflows 6.

Invoicing 52

Invoicing Financial Services Invoice Processing Accounts Payable 52

AvidXchange

JANUARY 6, 2025

In a 2024 survey highlighted in its 2025 Fundraising Outlook Report , OneCause found: Forty-nine percent of organizations use or plan to use AI for donor management, up 15 points from 2023. So its no surprise that 65% of respondents said their organization has strengthened security measures in 2024.

Financial Software 59

Financial Software Budgeting Accounting Accounting 59

Nanonets

MAY 28, 2025

Accounting work has always been tedious. Xero, one of the leading cloud accounting platforms, has integrated AI features that are streamlining these daily tasks. From their new conversational assistant JAX to automated bank reconciliation, these tools are helping accountants and business owners reclaim time for more valuable work.

XERO 52

XERO Invoicing AP Bank Reconciliation 52

Accounting Today

JULY 2, 2025

In fact, according to Medius 2024 survey of U.S. As reported in a 2025 survey by the Association for Financial Professionals, respondents citing the use of paper checks for payments surged to 91%, and a further 63% reported that their organizations faced check fraud in 2024. All rights reserved.

Corporation Tax 130

Corporation Tax Auditing Accounting Software Tax 130

AvidXchange

APRIL 22, 2025

In 2024 alone, global supply chain disruptions rose nearly 40%, per Resilinc, pushing up prices for essential inputs and delaying deliveries. And while Associated Builders and Contractors notes the number of open positions has dropped compared to 2024,that may have more to do with economic caution than true recovery.

AP 52

AP Data Entry Invoicing Budgeting 52

Intuit

JANUARY 10, 2025

James joined Intuit in August 2024 as a senior account executive in strategic account management, an outbound sales role where he drives sales while helping customers unlock the full value of Intuits platform. The post Meet James Harris From an Atlanta Barbershop to Intuits Strategic Accounts appeared first on Intuit Blog.

Accounting 130

Accounting Accounting QuickBooks Financial Services 130

AvidXchange

JULY 1, 2025

The advertising industry is expanding, expected to surpass $1 trillion in revenue for the first time in 2024. Automating AP to Improve Invoice Processing Modernizing AP processes will be important for media agencies as they try to remain competitive and maintain strong client relationships amid a growing accounting workload.

Invoice Processing 52

Invoice Processing Invoicing AP Accounts Payable 52

Xero

AUGUST 7, 2024

And this year, we’re proud to have filled our exhibitor floor with some of the best and most loved apps for accountants, bookkeepers and small business owners alike. BILL allows you to automate accounts payable and accounts receivable processes, while directly syncing all payment actions back to Xero for you.

XERO 241

XERO Collections Accounts Payable Accounts Payable 241

Intuit

SEPTEMBER 17, 2024

With the power of AI, Intuit Enterprise Suite enhances profitability end-to-end with a full set of core capabilities all in one place, including: access to robust financial management and accounting capabilities; integrated payroll, payments, and bill pay; automated marketing; access to third-party apps, and a team of experts.

Payroll 344

Payroll QuickBooks Financial Statements Billing 344

MineralTree

JANUARY 25, 2024

This blog takes a deeper dive into 7 accounts payable trends that will help shape 2024. Cash is king (once again) As 2024 unfolds against a backdrop of lingering economic and geopolitical uncertainty, businesses are adopting a cautious approach to their finances.

Accounts Payable 69

Accounts Payable Accounts Payable AP Accounting 69

oAppsNet

SEPTEMBER 3, 2024

The world of finance is continuously evolving, and the accounts payable (AP) process is no exception. In 2024, several key trends will shape how companies manage their accounts payable. The Rise of Automation in Accounts Payable Automation is revolutionizing the accounts payable process in unprecedented ways.

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

Compleatable

OCTOBER 15, 2024

As Q3 of 2024 has drawn to a close, Compleat Software is proud to reflect on a period of impressive growth and success. Xero : Known for its popularity among small to mid-sized businesses, Xero users now benefit from Compleat’s cutting-edge automation to simplify their procurement and accounts payable processes.

Accounts Payable 100

Accounts Payable Accounts Payable XERO Data Entry 100

Outsourced Bookeeping

MARCH 14, 2024

Accounts Payable process plays a key role in maintaining the financial health of the organization. Vendors with different procedures and standards of invoicing will often make accounts payable processes cumbersome and unmanageable. Your professional will ensure accurate and timely payments to vendors.

Accounts Payable 52

Accounts Payable Accounts Payable Outsourced Bookkeeping Data Entry 52

oAppsNet

APRIL 5, 2024

As we usher in the year 2024, the accounts payable (AP) landscape is undergoing rapid transformation driven by technological advancements, changing business dynamics, and evolving customer expectations.

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

AvidXchange

OCTOBER 11, 2023

Grocery-anchored properties remain a source of stability in a shifting sector.  2024 Real Estate Forecast: Technology Plays a Role The real estate industry has been on a wild ride in recent years. In 2024, real estate companies will prioritize digitization of all functions to better withstand industry changes.

Budgeting 105

Budgeting Accounts Payable Accounts Payable AP 105

AvidXchange

AUGUST 10, 2023

Vivvix CMAG tracked the first presidential salvo for 2024 on November 16, 2022, about a week after the midterms concluded. For example, some political media buyers are relying on automation technology within their finance department for accounts payable (AP).

AP 97

AP Accounts Payable Accounts Payable Budgeting 97

Invoicera

APRIL 28, 2024

Too many unpaid bills or Accounts Payable can weigh a company down and eat its profits. And on average, 48% of businesses make 68% fewer profits because of issues with unattended accounts payable. Let’s begin by understanding a little about accounts payable. What Are Accounts Payable?

Accounts Payable 52

Accounts Payable Accounts Payable AP Invoicing 52

AvidXchange

OCTOBER 13, 2023

From fielding resident concerns to handling accounting and legal matters to ensuring the maintenance of amenities and much more. Download Now DOWNLOAD NOW: Free Report on 2024 Trends for Community Association Management Finance Teams The post Community Association Management Industry Trends for 2024 appeared first on AvidXchange.

AP 105

AP Collections Accounting Accounting 105

Compleatable

DECEMBER 11, 2023

it’s also a crucial time to look forward at 2024 and predict what will be in store. Today, I’ve compiled a list of 5 global trends that will undoubtedly affect every business in 2024. Nonetheless, I’m sorry to say that AI, specifically generative AI, is the hottest trend on almost every list predicting 2024 trends.

Customer Service 100

Customer Service Accounts Payable Accounts Payable AP 100

Compleatable

DECEMBER 11, 2023

it’s also a crucial time to look forward at 2024 and predict what will be in store. Today, I’ve compiled a list of 5 global trends that will undoubtedly affect every business in 2024. Nonetheless, I’m sorry to say that AI, specifically generative AI, is the hottest trend on almost every list predicting 2024 trends.

Customer Service 100

Customer Service Accounts Payable Accounts Payable AP 100

AvidXchange

AUGUST 27, 2024

Why Automate Accounts Payable? A Guide to the Prospective Advantages According to our recent Controllers Council National Survey (March 5-19, 2024, 378 respondents participating across North America), 95% of finance departments are at least partially automated.

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

oAppsNet

APRIL 15, 2024

In the dynamic landscape of corporate finance, the role of accounts payable (AP) professionals are evolving rapidly. As we enter 2024, technological advancements, changing business practices, and shifting market dynamics reshape the responsibilities and expectations placed on AP professionals.

Accounts Payable 52

Accounts Payable Accounts Payable AP Vendor Management 52

oAppsNet

APRIL 9, 2024

As we enter 2024, the landscape of accounts payable (AP) departments is poised for significant transformation. This article will explore nine key ways AP departments are expected to change in 2024 and the implications for individuals and organizations.

Accounts Payable 52

Accounts Payable Accounts Payable AP Vendor Management 52

CapActix

JUNE 21, 2024

Managing accounts payable is a critical aspect of maintaining a healthy cash flow and ensuring operational efficiency in any business, whether it is a small scale or a large enterprise. This is where the decision to outsource accounts payable services can make a significant difference. million in 2023.

Accounts Payable 52

Accounts Payable Accounts Payable Accounting Accounting 52

AvidXchange

NOVEMBER 2, 2023

Accounts payable workflow automation can help. Read on to learn the benefits and steps needed to make accounts payable (AP) workflow automation a reality. Learn More About Accounts Payable Automation What is an Accounts Payable Workflow? What is a Manual Workflow in Accounts Payable?

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

NextProcess

DECEMBER 20, 2024

Increasingly, accounts payable (AP) is seen as a department capable of driving strategic growth and cost savings. As accounts payable grows, Business Process Automation (BPA) software provides a foundation for crafting a sustainable AP process that supports company-wide goals. AP Can Be Strategic, but Is It?

Accounts Payable 52

Accounts Payable Accounts Payable AP Data Entry 52

AvidXchange

NOVEMBER 8, 2023

Learn More About 3-Way Matching Automation Table of Contents What is 3-Way Matching in Accounts Payable? There are three documents that are integral for managing payments through accounts payable: Invoice : An invoice constitutes a request for payment from the vendor to the buyer. How Does 3-Way Matching Work?

Accounts Payable 52

Accounts Payable Accounts Payable Purchase Order AP 52

MineralTree

MARCH 14, 2024

However, many companies still rely on manual processes to manage accounts payable—and these outdated practices are causing problems across their financial operations. An overview of high-volume accounts payable High-volume AP involves managing a large number of invoices and payments. Did you know?

Accounts Payable 52

Accounts Payable Accounts Payable AP Invoicing 52

AvidXchange

NOVEMBER 16, 2023

First, Grafals recognized the accounting department didn’t have an accounts payable automation solution that allowed for centralized access and visibility to accommodate all employees across the country. Rather than focusing on a specific facility, employees pivoted to work for the entire organization.

Accounts Payable 52

Accounts Payable Accounts Payable AP Accruals 52

AvidXchange

JANUARY 11, 2024

A recent Forbes Advisor survey found that 77% of consumers are concerned that AI will cause human job loss in the near term. Experts have identified many use cases for AI in accounts payable (AP) and other finance and accounting functions, noting that the technology is particularly well-suited to these data-centric departments.

Accounts Payable 52

Accounts Payable Accounts Payable Computation AP 52

NextProcess

JULY 20, 2024

Some of the biggest trends in accounts payable this year involve how organizations handle payments. Many see 2024 as a year for integrating payments, accounts payable (AP), and procurement to create a seamless procure-to-pay cycle. Why Update Procure-to-Pay? This is one of the ways that NextProcess stands out.

Accounts Payable 52

Accounts Payable Accounts Payable AP Purchase Order 52