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. Learn More About AP Automation What is a 1099?

AP

Invoicera

DECEMBER 9, 2024

Just in August 2024, over 10.54 Here are the key features that modern software must have: Automated E-Way Bill Generation No more manual data entry! Seamless GST Integration E-way bill software should be able to work well and seamlessly with your accounting or ERP solutions. Pricing Starts at 899 per organization/month.

Billing

Remote Quality Bookkeeping

MAY 15, 2025

As of 2024, there are approximately 34.8 Without it, youll likely miss key financial data, fall behind on compliance, or make decisions based on inaccurate information. Hiring an In-House Bookkeeper offers more control and real-time access to financial data, but it comes with overhead costs and risk. of all U.S.

Small Business Bookkeeping

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! In addition, manual data entry and human errors often create costly mistakes. It is expected to grow at a rapid CAGR of 12.9%

Accounts Receivable

LedgerDocs

FEBRUARY 25, 2025

Tax season 2025 is fast approaching, and for bookkeepers and accountants, staying on top of the important corporate tax deadlines is the key to completing smooth filings for their clients. Example: If your fiscal year ends on December 31, 2024, your T2 is due by June 30, 2025. Ready to simplify tax season? Try LedgerDocs today.

Corporation Tax

NextProcess

APRIL 4, 2025

Even just an out-of-place decimal point or a few mistyped numbers can lead to huge errors in financial data, and if the spreadsheets are set up incorrectly calculation errors can lead to major mistakes. They are not, for example, ideal for handling the large and complex data sets associated with capital expenditure planning.

Data Entry

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

Nanonets

NOVEMBER 10, 2024

Mailparser Mailparser UI | Source Mailparser is a web-based tool that automatically extracts data from emails and attachments, converting it into structured formats. It helps businesses eliminate manual data entry by processing incoming emails, attachments, and documents through customizable parsing rules. Key features: 1.

Invoicing

CapActix

MAY 16, 2025

The rise of AI in accounting software and the finance management industry is real. Several companies have already shifted to the best AI accounting software, and many are in the transition phase. We all know that paper logs, spreadsheets, and desktop software once defined business accounting. Data automation reduces manual work.

Accounting Software

Nanonets

MAY 28, 2025

Accounting work has always been tedious. We are forced to manually enter data, reconcile transactions, and sift through files trying to locate financial information we need.  Xero, one of the leading cloud accounting platforms, has integrated AI features that are streamlining these daily tasks. Let's break them down.

XERO

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

Compleatable

JUNE 9, 2025

As we move through the 2024–2025 academic and financial year, academy trusts (MATs and SATs alike) are preparing for one of their most critical financial compliance exercises, the Budget Forecast Return (BFR).

Budgeting

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. Event Partner+ Bill BILL for Xero is a simple bill payment solution made to eliminate double entry and piles of paperwork.

XERO

accountingfly

APRIL 4, 2024

Sharing our perspective on the latest trends impacting talent acquisition in the accounting industry. Market Trends: RTO Causing Tax Pros to Head for the Door; 2024 Busy Season Freelancer Trends Tax Pros Fleeing RTO Firms Tax hiring season usually ends on December 31. Which way will the market go in 2024?

Data Entry

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. MIP Fund Accounting.

Accounts Payable

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

Invoicera

DECEMBER 31, 2023

This is where accounting automation comes into the picture. Accounting automation tools have made a significant place in today’s digital world. If you are an accounting professional, many questions like these can come to your mind. Why Need Accounting Automation? Which tool streamlines processes seamlessly?

Data Entry

Invoicera

NOVEMBER 23, 2023

We’ll dive into the top 10 expense management tools for 2024 and beyond. Here’s why they’re essential: Efficiency and Accuracy: Expense management tools automate many aspects of the process, reducing the need for manual data entry and the risk of human errors. month (Billed annually) $ 7.99/month

Expense Reports

Nanonets

MARCH 15, 2024

Today, Large Language Models (LLMs) can claim to pass the CPA exam, but are they really ready to take over the accounting world? Introduction There is simply no escaping the fact that AI is the most talked about topic on the internet in 2024.

Data Entry

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. One of the latest and emerging trends in the effective management of Accounts Payable is outsourcing.

Accounts Payable

Nanonets

FEBRUARY 26, 2024

This enhances efficiency and reduces the margin for error, allowing finance professionals to focus on strategic decision-making rather than mundane data entry tasks. In this blog, we explore the top 5 accounting OCR software dominating the financial landscape in 2024. Reduce turn around times and eliminate manual effort.

Data Entry

accountingfly

APRIL 25, 2024

Top Remote Accounting Candidates This Week Looking for remote accountants? With our ‘ Always-On Recruiting ‘ program, you can access highly skilled and experienced remote accountants with no upfront cost. Sign up now to receive the full list of top accounting candidates available weekly!

CPA

Invoicera

JANUARY 2, 2024

In 2024, the way accountants handle transactions will change a lot. And how will they affect what accountants do every day? Experts say 2024 will see big changes in how payments work. Join us as we explore the top three payment trends that will shape the landscape for accountants in 2024 and beyond.

Accounting

accountingfly

APRIL 18, 2024

Top Remote Accounting Candidates This Week Looking for remote accountants? With our ‘ Always-On Recruiting ‘ program, you can access highly skilled and experienced remote accountants with no upfront cost. Sign up now to receive the full list of top accounting candidates available weekly!

General Ledger

accountingfly

MAY 30, 2024

Sharing our perspective on the latest trends impacting talent acquisition in the accounting industry. That’s changed in 2024. Our clients’ roles focus on analysis rather than data entry, require high-tech skills (automatic bank feeds, etc.), and often include responsibilities like managing offshore personnel.

XERO

AvidXchange

DECEMBER 21, 2023

In this post, we’ll discuss how organizations are using AI tools for finance today and into 2024. AvidXchange surveyed 500 finance executives in September 2023 to learn more about their priorities for 2024. Sixteen percent of respondents said their organizations have plans to implement AI in 2024.

Computation

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? What Are Accounts Payable?

Accounts Payable

Billah and Associates

NOVEMBER 23, 2023

Artificial Intelligence (AI) is revolutionizing various industries, including accounting and finance. AI in accounting refers to the use of intelligent machines and algorithms to automate various tasks & provide valuable insights. What is AI in Accounting? Here are five popular ones: 1.

Bank Reconciliation

Nanonets

FEBRUARY 19, 2024

Here are some of the best Insurance OCR software in 2024. Automate manual data entry using Nanonet's AI-based OCR software. Capture data from documents instantly and automate data workflows. When humans enter data manually, they are prone to making mistakes such as typos, misspellings, and transpositions.

Data Entry

Nanonets

FEBRUARY 7, 2024

Here are some of the best Healthcare OCR software in 2024. Automate manual data entry using Nanonet's AI-based OCR software. Capture data from documents instantly and automate data workflows. When humans enter data manually, they are prone to making mistakes such as typos, misspellings, and transpositions.

Data Entry

AvidXchange

JUNE 10, 2024

The Paris 2024 Olympics will be the first since 2018 without major impacts from the pandemic, suggesting audiences may see major changes compared to previous Games. By automating invoice processing and payments, agencies can reduce labor-intensive tasks such as manual data entry, check printing, PO matching , and assigning spend to accounts.

Data Entry

AvidXchange

AUGUST 29, 2024

The Institute of Finance & Management (IOFM)’s Finance & Accounting Appreciation Week 2024 is September 23-27, 2024. This year, make sure to give special recognition to your accounts payable (AP) team. By automating these duties, teams can process invoices faster, reducing AP cycle times.

AP

oAppsNet

SEPTEMBER 12, 2024

Cash application, an essential part of the accounts receivable process, has come a long way. This trend is expected to continue in 2024, with businesses further embracing automation to streamline their operations. With real-time processing, businesses can update their accounts receivable systems immediately after making a payment.

Accounts Receivable

Nanonets

FEBRUARY 12, 2024

Here are some of the best Construction OCR software in 2024. Automate manual data entry using Nanonet's AI-based OCR software. Capture data from documents instantly and automate data workflows. When humans enter data manually, they are prone to making mistakes such as typos, misspellings, and transpositions.

Data Entry

Nanonets

FEBRUARY 28, 2024

Here are some of the best Logistics OCR software in 2024. Automate manual data entry using Nanonet's AI-based OCR software. Capture data from documents instantly and automate data workflows. It can help logistics organizations improve the accuracy of patient data and reduce manual data entry errors.

Purchase Order

Nanonets

MAY 16, 2024

Receive Requisition Approval: The system routes the requisition entry to the relevant approvers and sends actionable notifications on Mail, Slack, etc. Optionally, the system then automatically allocates the budget within your accounting software such as Quickbooks directly. where they are approved with a few clicks.

Purchase Order

Nanonets

MARCH 13, 2024

By automating data extraction from invoices, OCR software significantly reduces the burden of manual data entry, mitigating errors and optimizing resource utilization. OCR helps streamline invoice processing, enhancing transparency, accountability, and cost-effectiveness in the public sector.

Invoicing