AvidXchange

JANUARY 22, 2025

Deregulation like easing zoning laws or building permit requirements may increase project volume requiring AP departments to be more efficient while handling an increased volume of invoices and payments. A survey by the Associated General Contractors of America (AGC) and Arcoro found that 94% of U.S. construction firms face hiring challenges.

AP 52

AP Accounts Payable Accounts Payable Budgeting 52

Remote Quality Bookkeeping

MAY 15, 2025

As of 2024, there are approximately 34.8 For example, many platforms allow you to upload documents in bulk or sync directly with your bank and vendors rather than entering bills or invoices one at a time. 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

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! With a number of invoices, pending payments, and a lot of reconciliations, it can really stress you more than anything else.

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables AR 40

Nanonets

NOVEMBER 18, 2024

It even comes with ready-to-use tools for specific documents like invoices, IDs, and lending paperwork. per 1,000 pages for basic text extraction, scaling up for specialized document types like invoices or lending documents. Pre-built models for invoices, receipts, IDs 5. Automated export to accounting systems 8.

Invoicing 52

Invoicing Financial Services Invoice Processing Accounts Payable 52

Remote Quality Bookkeeping

JUNE 15, 2025

When cash coming in isn’t enough to cover payroll, rent, loan payments, or supplier invoices, it points to deeper operational or revenue issues. Recent surveys show that 39% of small businesses carried more than $100,000 in outstanding debt as of 2024 , a significant jump from previous years.

Bookkeeping 52

Bookkeeping Payroll Financial Reporting Data Entry 52

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

AvidXchange

JULY 1, 2025

The advertising industry is expanding, expected to surpass $1 trillion in revenue for the first time in 2024. Download Our Free Media Invoice Guide The Current State of Agency Invoice Processing Modern Media Solutions found that most agencies are dissatisfied with their existing accounts payable (AP) processes.

Invoice Processing 52

Invoice Processing Invoicing AP Accounts Payable 52

Xero

AUGUST 7, 2024

BILL allows you to automate accounts payable and accounts receivable processes, while directly syncing all payment actions back to Xero for you. The GoCardless integration with Xero allows you and your customers to set up recurring and one-off payments, so payment for your invoices is collected automatically.

XERO 241

XERO Collections Accounts Payable Accounts Payable 241

Intuit

SEPTEMBER 17, 2024

According to the 2024 Intuit QuickBooks Business Solutions Survey , growth is the number one priority for mid-market businesses, with 82% prioritizing expansion at a steady or fast pace over the next year.

Payroll 344

Payroll QuickBooks Financial Statements Billing 344

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. Pegasus Opera : Compleat’s integration with Pegasus Opera is making waves by transforming how businesses manage their procurement cycles and handle purchase invoicing. Not Using Compleat Yet?

Accounts Payable 100

Accounts Payable Accounts Payable XERO Data Entry 100

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

AvidXchange

AUGUST 10, 2023

Vivvix CMAG tracked the first presidential salvo for 2024 on November 16, 2022, about a week after the midterms concluded. But some are wavering on dedicating funding here in 2024 due to uncertainty about their future political ad policies. Many political media agencies are shying away from platforms that lack transparency in reporting.

AP 97

AP Accounts Payable Accounts Payable Budgeting 97

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

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

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

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

Nanonets

DECEMBER 11, 2023

Your accounts payable team – whose main function is to ensure funds are disbursed properly to vendors, business partners, and sometimes customers – processes an exorbitant number of invoices every single week. When done manually, processing an invoice can take days.

Invoice Processing 52

Invoice Processing Invoicing AP Accounts Payable 52

Outsourced Bookeeping

DECEMBER 22, 2023

In the ever-evolving context of corporate operations, effective invoice processing is essential to the smooth running of financial workflows. To meet the constantly changing needs of contemporary businesses, finding the finest invoice processing solutions becomes even more important as we approach 2024.

Invoice Processing 52

Invoice Processing Invoicing Outsourced Bookkeeping Record Keeping 52

Invoicera

DECEMBER 5, 2023

87% of businesses receive payment after their invoice due date, with 43% being paid 15 or more days late. You need not worry; there are a lot of solutions in the market that can automate invoicing and ensure you receive all payments with their reminder features. We have come up with 19 of the best invoicing software for 2024.

Invoicing 59

Invoicing Billing Invoice Processing XERO 59

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

Nanonets

JANUARY 1, 2024

A billing scheme is a fraudulent disbursement scheme in which a person causes their employer to issue payment by submitting invoices for fictitious goods or services, inflated invoices, or invoices for personal purchases.  What is an Accounts Payable Audit?    What is an Invoice Audit?

Invoicing 52

Invoicing Auditing Purchase Order AP 52

AvidXchange

NOVEMBER 2, 2023

Interested in an innovative way to avoid late payments, invoice approval delays and inefficient, outdated processes? Accounts payable workflow automation can help. Read on to learn the benefits and steps needed to make accounts payable (AP) workflow automation a reality. It ends when the payment gets sent.

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

Invoicera

MARCH 11, 2024

If you are also one of them, you must be looking for invoicing software to send timely invoices to your clients. But you might also want to customize invoices to fit your brand image. Thus, you need two-in-one software that offers automated invoicing with tailored solutions. We hope your search will end here! Let’s begin.

Invoicing 52

Invoicing Billing XERO Expense Reports 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

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 8, 2023

As an AP professional, the last thing you want to do is pay a fraudulent or inaccurate invoice. Learn More About 3-Way Matching Automation Table of Contents What is 3-Way Matching in Accounts Payable? To be successfully verified, the invoices must satisfy matching tolerances. How Does 3-Way Matching Work?

Accounts Payable 52

Accounts Payable Accounts Payable Purchase Order AP 52

Invoicera

FEBRUARY 27, 2024

Summary Online invoicing platforms are playing a crucial role in shaping financial management this year. Introduction Are you tired of spending endless hours dealing with stacks of paper invoices and chasing payments? Nowadays, online invoicing software has become increasingly popular for various reasons.

Invoicing 52

Invoicing Billing Invoice Processing XERO 52

Invoicera

MARCH 22, 2024

Introduction You might be overwhelmed by a lot of paperwork and hours spent on manual invoicing! Bringing automated invoicing into your business can be really helpful and increase your productivity. Thus, we have listed the top 15 leading automated billing software that are reshaping companies in 2024. But guess what!

Invoicing 52

Invoicing Billing Invoice Processing QuickBooks 52

MineralTree

MARCH 14, 2024

For scaling businesses, invoice payments rapidly grow in volume and complexity. However, many companies still rely on manual processes to manage accounts payable—and these outdated practices are causing problems across their financial operations. Manual data entry is also prone to error.

Accounts Payable 52

Accounts Payable Accounts Payable AP Invoicing 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

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. It was a stack of paper POs that we went through with Post-It notes on whether each invoice had come in.

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

AvidXchange

MAY 16, 2024

As the workplace evolves, the shift towards electronic invoicing represents more than a technological upgrade; electronic invoicing and payments transform how businesses manage their financial processes. Electronic invoices are transmitted securely via the internet to the recipient. Five valuable benefits are listed below. 1.

Invoicing 52

Invoicing AP Invoice Processing Accounts Payable 52