Gaviti

MAY 15, 2025

Average collection period refers to the amount of time it takes your business to receive payments from clients. Its a metric commonly used to get a snapshot of cash flow on hand and how effective the companys collection process is overall. So, start getting data now and build a history for further assessments down the line.

Collections 52

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

XERO 241

XERO Collections Accounts Payable Accounts Payable 241

Xero

NOVEMBER 19, 2024

Gone are the days of manually comparing bank statements with accounting records. Today, with cloud accounting, you can securely and automatically import bank transaction data and easily reconcile it, so you have a single, up-to-date view of your transactions and cash flow. Bank feeds reduce manual admin and automate data entry.

XERO 238

XERO Data Entry Bank Reconciliation Reconciling 238

Xero

AUGUST 29, 2023

Considerations for Collecting Receipts Almost all expenses start with or include a receipt for the purchase. eReceipts are digital versions of receipts that are automatically created and stored in Expensify based on the data received from the credit card provider. At the same time, you want to make expense reporting simple.

Expense Reports 246

Expense Reports XERO Data Entry General Ledger 246

Xero

APRIL 16, 2023

Build new automated workflows Complex layers of approval processes can hold up your accounts payable and receivable, no matter how large your business is. Another great option is Lightyear , which focuses on automating Purchasing and Accounts Payable. These apps can help take away those manual workflows.

XERO 246

XERO Purchase Order Data Entry Payroll 246

Gaviti

NOVEMBER 18, 2024

Despite this, automation in accounts receivable has met its fair share of skepticism from business leaders worldwide. Here are some of the most common challenges faced by A/R departments and how your company can resolve them with many of the accounts receivable automation tools on the market today. chance of recovering compensation.

Microsoft Excel 98

Microsoft Excel Accounts Receivable Accounts Receivable Account Receivables 98

Xero

OCTOBER 16, 2022

Last year, we reached a significant milestone in our data journey when we built machine learning algorithms that worked to accurately predict your transactions’ contact and account codes. For businesses that frequently have to reconcile those transactions, it has the potential to be hugely time-saving.

Bank Reconciliation 246

Bank Reconciliation XERO Reconciling Data Entry 246

Xero

APRIL 4, 2023

This has included their accounting systems and the interconnected apps that manage their ecommerce, logistics and inventory challenges – such as reconciling sales across multiple vendors. The reduction of manual data entry alone has given staff more time to focus on growing the business.

XERO 279

XERO Data Entry Reconciling Collections 279

Xero

AUGUST 22, 2023

Our leadership team — including new Chief Product Officer, Diya Jolly — shared the latest enhancements to our platform that will help accountants and bookkeepers grow their practice, help their clients succeed, and get the most out of Xero. Collectively, our products are already saving customers a huge amount of time each year.

XERO 246

XERO Bank Reconciliation Data Entry Payroll 246

Xero

NOVEMBER 15, 2022

Having long payment collection periods increases bad debts and can lead to cash flow challenges. Kolleno – Recover overdue balances with automated invoice chasing and one-click payment collection via a simple digital payment platform. Connecting your sales and accounting. Getting paid quickly. In business, cash flow is key.

XERO 246

XERO Bank Reconciliation Invoicing Collections 246

Gaviti

APRIL 22, 2025

In the rapidly evolving financial landscape of 2025, businesses are increasingly focusing on refining their accounts receivable (A/R) processes. What Are SMART Goals for Accounts Receivable and Why They Matter? Time-bound: Specify a deadline for achieving the goal to maintain accountability.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables Collections 52

oAppsNet

FEBRUARY 20, 2025

Accounts Receivable (AR) management is a critical area where innovation can significantly impact cash flow and operational efficiency. This growth underscores the increasing demand for intelligent automation solutions that eliminate human error and streamline collections. over the next five years.

Financial Operations 52

Financial Operations Financial Operations Accounts Receivable Accounts Receivable 52

Nanonets

MAY 10, 2023

Do you also have multiple tabs open while collecting data for analysis before an important meeting? Do you have to search multiple applications to find your file and copy-paste the data from the file into the master database? via GIPHY All of this can be handled by data entry software. What is data entry software?

Data Entry 52

Data Entry Invoicing Computation Customer Service 52

Xero

AUGUST 14, 2024

These improvements support more streamlined accounting, enabling small businesses to save time and have greater control over their cash flow. Xero then extracts the bank data from the PDF in an average of just 35 seconds, ready for you to review and the data before it’s imported. Here’s a look at what we announced.

XERO 246

XERO 1099 Preparation General Ledger Bank Reconciliation 246

Xero

JUNE 22, 2022

And according to Xero’s State of the industry research – exploring how COVID-19 impacted the accounting and bookkeeping world – digitalisation is a good starting point. Meaning, you can secure your contracts before starting work on a new account, and your clients won’t be charged for the transition period. .

XERO 264

XERO Deposits Data Entry Bookkeeping 264

Gaviti

JANUARY 8, 2023

In accounts receivables, it most commonly manifests as account prioritization. This refers to organizing and categorizing customer accounts according to their creditworthiness and likelihood of payment. How Prioritization Strategies Improve Collections Performance. No proposed solution eliminates a problem on its own.

Collections 98

Collections Accounts Receivable Accounts Receivable Account Receivables 98

Xero

SEPTEMBER 1, 2022

Make adjustments in the Xero Accounting app — Global. We’re now giving you two ways to make adjustments in the Xero Accounting app: bank fees and minor adjustments. The new Account Summary report has been released to all customers. Use GoCardless Instant Bank Pay to collect one-off payments — UK.

XERO 264

XERO Payroll Data Entry Tax 264

Nanonets

DECEMBER 11, 2023

It's a scene all too common around tax season — the accounting team huddled in a room, heads down, manually entering data from stacks of invoices and receipts into spreadsheets. Unfortunately, it is not just isolated to accounting. What is AI data entry? Even a tiny error can be costly.

Data Entry 59

Data Entry Invoicing Purchase Order Vendor Management 59

Nanonets

NOVEMBER 5, 2024

DocuClipper is an OCR-powered financial document processing tool that converts bank statements, credit card statements, invoices, receipts, and brokerage statements into Excel, CSV, or accounting software-ready formats. AutoEntry Automated data entry for accounting No Yes Ease of use, accounting integration SMBs, accounting firms 3.8

Data Entry 52

Data Entry XERO Accounting Software QuickBooks 52

LedgerDocs

NOVEMBER 28, 2024

Managing bookkeeping documents can feel like an uphill battle, especially when it comes to collecting documents, receipts, invoices and bank statements from your clients. This is where our document management system for accountants and bookkeepers comes in.

Collections 52

Collections Data Entry Bookkeeping QuickBooks 52

Trade Credit & Liquidity Management

MAY 29, 2025

From a Press Release dated March 25, 2025, London, England Chaser , a global accounts receivable automation solution provider, has announced a new integration with Odoo , a popular business management software platform. This automation supports faster and more accurate accounts receivable workflows.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables Invoice Processing 52

Gaviti

DECEMBER 20, 2022

Ultimately, this data falls out of sync, and some departments never get access to invaluable information that could help them make better decisions. This is why so many companies now look to accounts receivable integration and other similar options to break down information barriers. Integration can sometimes be a complex process.

Accounts Receivable 98

Accounts Receivable Accounts Receivable Account Receivables Data Entry 98

Invoicera

JANUARY 19, 2025

Statistics say that in 2023 alone, the global accounts receivable automation market was valued at $3.81 Managing your business Accounts receivable and payable is tough! One of the core benefits of automating accounts payable and accounts receivable is that it reduces the time spent on reactive tasks and saves time and cost.

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables AR 40

Compleatable

JUNE 9, 2025

The Budget Forecast Return (BFR) is a statutory requirement for academy trusts, collecting information on actual and forecasted income, expenditure, and balance positions.   What Is the BFR?  

Budgeting 100

Budgeting Data Entry Collections Accounting 100

Gaviti

MAY 8, 2025

In many organizations, this process is still manual, involving tedious data entry, invoice matching, and reconciliation. Real-Time Processing With AI, transactions are processed in real time, which accelerates the accounts receivable (AR) cycle and supports timely financial reporting. This reduces the backlog of unapplied cash.

AR 86

AR Data Entry Invoicing Accounts Receivable 86

Invoicera

NOVEMBER 8, 2024

For many companies, managing accounts receivable (AR) and accounts payable (AP) is a constant challenge, with delayed payments, manual errors, and lack of real-time visibility causing significant disruptions. Manual Errors: Traditional AR and AP processes involve manual data entry, which is prone to human errors.

Accounts Payable 52

Accounts Payable Accounts Payable Accounts Receivable Accounts Receivable 52

Jetpack Workflow

DECEMBER 4, 2024

There are two main schools of thought regarding artificial intelligence (AI) among accountants: those who believe AI might replace their jobs and others who are excited about how much more productive and effective it can help their firm become.

General Ledger 52

General Ledger Accounting Accounting Auditing 52

Future Firm

APRIL 18, 2023

Artificial intelligence in accounting is currently transforming the industry. Table of Contents What is AI in Accounting? Can AI Replace Accountants? Benefits of Artificial Intelligence How is AI Used in Accounting? This includes tasks such as financial reporting, audit and compliance, fraud detection, and data analysis.

Data Entry 96

Data Entry Accounting Accounting Invoice Processing 96

Gaviti

JANUARY 20, 2025

In todays fast-paced business environment, achieving financial accuracy is critical for maintaining stakeholder trust and ensuring compliance with accounting standards. One cornerstone of accurate financial reporting is the matching principle in accounting, a concept that ensures revenues and expenses are recorded in the same period.

AR 52

AR Financial Statements Invoicing Collections 52

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. How Bookkeepers & Accountants Can Stay Ahead of Tax Season Keeping clients compliant with tax deadlines requires a proactive approach.

Corporation Tax 52

Corporation Tax Tax Payroll Collections 52

Nanonets

FEBRUARY 14, 2025

The accounting talent crisis is changing how businesses handle their finances. With the US market needing 340,000 new accountants and 45% of firms struggling to attract talent, more companies are turning to specialized expense management providers to handle their accounting operations. Here’s how it works: 1.

Invoice Processing 52

Invoice Processing Invoicing Data Entry Billing 52

Compleatable

JANUARY 20, 2025

Purchase Invoice Management Software is increasingly becoming an essential tool for businesses aiming to streamline their purchasing and accounts payable processes. This removes the need for manual data entry and ensures more accurate and timely processing. See Types of Invoice Fraud.

QuickBooks 100

QuickBooks Invoicing Accounts Payable Accounts Payable 100

Compleatable

JANUARY 20, 2025

Purchase Invoice Management Software is increasingly becoming an essential tool for businesses aiming to streamline their purchasing and accounts payable processes. This removes the need for manual data entry and ensures more accurate and timely processing. See Types of Invoice Fraud.

QuickBooks 100

QuickBooks Invoicing Accounts Payable Accounts Payable 100

Gaviti

APRIL 24, 2023

Effective accounts receivable management is one of the most critical aspects of boosting steady cash flow for your business. Even so, there are some typical accounts receivable management problems and solutions most businesses should review. They often involve tedious tasks, such as hours of data entry.

Accounts Receivable 95

Accounts Receivable Accounts Receivable Account Receivables AR 95

Future Firm

NOVEMBER 9, 2022

This is my complete guide to accounting automation in 2023. So if you want to: Learn the 8 benefits of automated accounting. Save time by automating your accounting processes. Automate all 15 areas of your accounting. What is Accounting Automation? Will Automated Accounting Replace You? Let’s get started.

Accounting 98

Accounting Accounting Accounts Payable Accounts Payable 98

Remote Quality Bookkeeping

MAY 15, 2025

Without it, youll likely miss key financial data, fall behind on compliance, or make decisions based on inaccurate information. DIY Bookkeeping Without Proper Training Trying to manage your books without understanding basic accounting principles can be more damaging than neglecting them altogether.

Small Business Bookkeeping 52

Small Business Bookkeeping Business Bookkeeping Bookkeeping Outsourced Bookkeeping 52

Nanonets

MAY 23, 2025

It recommends payment methods likely to result in faster collection and can connect you with lending options when it identifies potential shortfalls. Automated document processing Automated email import workflow Getting invoices and purchase orders into your accounting system is often the first bottleneck.

QuickBooks 52

QuickBooks Invoicing AP Purchase Order 52