AvidXchange

JANUARY 24, 2023

In the first episode of the “Net 30” podcast by the AvidXchange Podcast Network , host Chris Elmore sat down with Rhonda Greene and Gary Larson to discuss the future of accounts payable (AP). Nine key data points were used to assess the current state of AP and analyze what each could mean for the future of the profession.

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

NextProcess

MAY 13, 2023

As an example, NextProcess and Business Central can work together to vastly improve your AP processes. Using NextProcess AP workflow can automate invoice intake, indexing, and provide specific business rules configurations by invoice type, vendor, PO vs non PO, and more. This holds true for other financial processes as well.

AP 52

AP Purchase Order Invoicing Accounts Payable 52

AvidXchange

NOVEMBER 4, 2022

Dawn Palmer with Brazos Valley Schools Credit Union shares how AvidXchange helped automate their accounts payable process Brazos Valley Schools Credit Union (BVSCU) was chartered in 1954 in Katy, TX as a teacher’s credit union. We not only do the accounts payable through AvidAscend, we do our pre-paids and our deferrals as well.

AP 52

AP Accounts Payable Accounts Payable Expense Reports 52

AvidXchange

JUNE 20, 2018

If you need to log in and out to process accounts payable invoices or payments for more than one company, then your accounting software is not multi-entity aware or designed for today’s modern organization – where a consolidated view of finances should be at your fingertips.

Accounts Payable 52

Accounts Payable Accounts Payable Accruals General Ledger 52

AvidXchange

AUGUST 31, 2020

While making these adjustments, many have been grappling with an important decision: whether to continue using a manual paper process to execute their accounts payable (AP) processes or shift to a paperless AP system. You need and want relief from the avalanche of AP paperwork. It’s personal and emotional.

Accounts Payable 40

Accounts Payable Accounts Payable AP Invoicing 40

NextProcess

FEBRUARY 24, 2023

When core business processes like accounts payable, purchasing, and document management can scale up easily, then it’s much simpler to scale all the other aspects of your business. For example, if there’s a month where you make fewer purchases for your company, then your AP department won’t need to process as many invoices.

Accounts Payable 52

Accounts Payable Accounts Payable Expense Reports AP 52

NextProcess

DECEMBER 10, 2023

Maybe you’re having trouble finding enough skilled employees to handle tasks like accounts payable or travel and expense reporting. For example, BPA software in accounts payable automates invoice digitization and data capture, PO reconciliation, and invoice processing. It’s a true end-to-end solution.

Data Entry 52

Data Entry Accounts Payable Accounts Payable AP 52

AvidXchange

SEPTEMBER 30, 2015

Over the last decade, it has become apparent that AP automation can help improve the overall financial operations of a business. Automation adds important value to accounts payable, including real-time visibility into performance and cash flow and increased reporting accuracy.

AP 52

AP Accruals Accounts Payable Accounts Payable 52

Invoicera

MAY 14, 2023

Invoice automation solutions control how customers pay and lower the investment cost on an Account Payable (AP) team. The AP team manages customer service and orders and tackles the arduous task of keying hundred of invoices and verifying them against their original purchase orders.

Invoicing 52

Invoicing AR Invoice Processing Purchase Order 52

NextProcess

MARCH 3, 2023

Automating things like accounts payable, purchasing, and expense reporting has been going on for years. You can sign up for NextProcess’ Accounts Payable and Procurement software. Automated data entry in the Accounts Payable software frees-up employees and increases accuracy. Here’s an example.

Accounts Payable 52

Accounts Payable Accounts Payable Expense Reports Computation 52

Nanonets

MAY 8, 2024

Whether you’re looking for tools to streamline your accounts payable process or make procurement management a breeze, NetSuite integrations can light the way.  Primed for next-generation AP automation while also filling some of the gaps in your AP processes today, this integration is a must-have.

AP 52

AP Billing General Ledger AR 52

NextProcess

APRIL 21, 2023

And adding BPA software to further automate accounts payable, purchasing, document management, expense reporting, and other business processes makes the ERPs even better. In accounts payable, for example, companies that fully automate AP processing save an average of $14.93

Data Entry 52

Data Entry Purchase Order AP Invoicing 52

Nanonets

JUNE 15, 2023

This streamlines the process of closing accounts and reduces the likelihood of lost or incomplete receipts. Optimized Accounts Payable (AP) and Accounts Receivable (AR): Accounting automation software improves cash flow management by optimizing AP and AR processes.

Purchase Order 52

Purchase Order AR Accounting Accounting 52

Nanonets

APRIL 19, 2023

Fortunately, modern technology offers a range of software and automation tools that can simplify various accounting operations, including payment recording, expense tracking, and the Accounts Payable Process. Allstar reports that it takes 6 to 18 months for accounts payable software to pay off the investment made.  

Accounting Software 52

Accounting Software AP Invoice Processing Accounting 52

Nanonets

DECEMBER 29, 2023

Xero’s software handles accounts payable as a traditional system requiring manual data entry. For Xero accounts payable automation, Xero customers integrate third-party AP automation software.    Accounts payable pays the invoices in a batch.   Accounts payable pays the invoices in a batch.

Accounts Payable 59

Accounts Payable Accounts Payable XERO Data Entry 59

Nanonets

FEBRUARY 26, 2024

Finance teams are well aware of the tedious and error-prone nature of manual accounts payable processes. Today, you can automate these processes using accounts payable automation solutions and optimise accounts payable for your finance teams. We will discuss the following: What is Accounts Payable?

Accounts Payable 52

Accounts Payable Accounts Payable AP Data Entry 52

NextProcess

AUGUST 11, 2023

This includes keeping track of cash flow, ensuring ROI, overseeing key processes such as Accounts Payable, and ensuring regulation compliance. They analyze and report on company financial data, forecast, lead financial planning, and act as advisors to the C-Suite on financial matters.

Data Entry 52

Data Entry Purchase Order Accounts Payable Accounts Payable 52

Jetpack Workflow

MARCH 23, 2023

Reconciling this account involves verifying the expense transactions for the period, creating the expense report, and posting it in the relevant period. Doing this ensures you capture the correct expense details, including the amounts and dates. It shows the money your customers owe your company.

Reconciling 52

Reconciling AR AP Payroll 52

Jetpack Workflow

JUNE 1, 2023

Accounts Receivable (AR)/Accounts Payable (AP) Management An outsourcing partner can help a firm manage accounts receivable and accounts payable for their clients, ensuring all payments are made and received promptly.

Outsourced Bookkeeping 52

Outsourced Bookkeeping Bookkeeping Services AR / AP Bookkeeping 52

Nanonets

APRIL 17, 2023

Finance teams are well aware of the tedious and error-prone nature of manual accounts payable processes. AP automation or accounts payable automation solutions are an attempt to optimise this process for finance teams. What is Accounts payable automation or AP automation?

AP 52

AP Accounts Payable Accounts Payable Purchase Order 52

AvidXchange

OCTOBER 26, 2020

That includes using the power of accounts payable (AP) automation software to help make your year-end process faster and easier. For this process to work well, companies will often use automation to do repetitive routine tasks such as AP automation payments. Don’t wait and have them be surprised.

Accounts Payable 52

Accounts Payable Accounts Payable AP Collections 52

AvidXchange

SEPTEMBER 19, 2017

This panel will share information about the tools and reports that they use to help them navigate this stressful time, along with best practices for keeping your team motivated during long work hours over the holidays. to talk accounts payable and best practices for year-end close in a manual, paper-based system. Bill : Sure!

Billing 52

Billing AP Accounts Payable Accounts Payable 52

Nanonets

MARCH 20, 2023

What is the accounts payable process? The accounts payable process of a company is the management of its short-term payment obligations to vendors/suppliers. The accounts payable or AP is the amount of money that a business owes to its vendors/suppliers for availing their goods/services.

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

AvidXchange

JUNE 20, 2018

Capturing and associating expense details with the right program or grant and quickly approving these expenses were consistent challenges before using our solutions. They can now create their expense (entering in mileage, uploading a receipt from their smartphone) all while they are on the go.”

Expense Reports 40

Expense Reports Budgeting AP Purchase Order 40

Future Firm

SEPTEMBER 1, 2023

Below are some of the best cloud accounting software for small businesses. 1) QuickBooks Online A true juggernaut in the small business accounting software space, QuickBooks Online is widely known across firms and self-employed business owners alike as one of the best accounting software products. 11) Dext I love me some Dext.

Accounting Software 98

Accounting Software XERO QuickBooks Accounting 98

Nanonets

MAY 10, 2023

That's why finance teams are increasingly adopting a 3 way match of vendor invoices as an essential step of their accounts payable process. Three way matching is best performed as an automated workflow powered by AP automation solutions such as Nanonets. The invoice can now be paid by the AP team.

Accounts Payable 52

Accounts Payable Accounts Payable Purchase Order AP 52

Nanonets

MAY 2, 2024

NetSuite approval workflows and other invoice processing tasks can become more streamlined and efficient through AP automation.   NetSuite has the capabilities you need for proper revenue recognition and meeting other GAAP accounting standards. NetSuite provides dashboards and drill-down features for analysis. 

Invoicing 52

Invoicing Invoice Processing AP Purchase Order 52

AvidXchange

APRIL 10, 2019

Expenses that are often ineligible for reimbursement include: Personal leisure trips (e.g., business class airfare) Meals for spouses or “plus-ones” How Employers Pay Employees for Expenses In most cases, an expense reimbursement claim report is manually completed and filed by an employee and submitted to an HR department or accounts payable.

Purchase Order 40

Purchase Order Expense Reports Accounts Payable Accounts Payable 40

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. It brings together AP functionality and expense management, saving your teams time and saving your company money.

Invoice Processing 52

Invoice Processing Invoicing AP Accounts Payable 52

AvidXchange

AUGUST 16, 2017

We sat down with Joel to discuss his role as CFO, how that role is changing in today’s rapidly changing technological landscape, budgeting best practices, and how accounts payable automation has impacted his job. You should have a team that consists of lots of creative, analytical problem solvers, not just accountants.

Budgeting 40

Budgeting Accounts Payable Accounts Payable AP 40

Nanonets

MARCH 28, 2024

Ramp is a fast-growing spend management platform that provides modern corporate card and accounts payable solutions. It's especially popular among startups and SMBs seeking to streamline expense reporting. Accounts payable automation: Automates the entire AP workflow, from invoice capture to payment processing.

AP 52

AP Vendor Management Invoicing Billing 52

Nanonets

APRIL 16, 2023

Even in departments where there is the digitization of information in the form of Enterprise Resource Planning (ERP) applications, a significant amount of human labour is required; from the time an invoice is raised or received to its entry into the ERP application, accounts payable personnel perform a seemingly endless list of chores. ·

Purchase Order 52

Purchase Order Accounts Payable Accounts Payable Invoicing 52

Invoicera

OCTOBER 19, 2023

For all – small, medium, and large businesses Key Features: AR & AP Management: You can easily keep track of your accounts payable and receivable with Sage. Finly goes beyond standard invoicing by offering Automated Expense Management. Sage – The Enterprise-Level Financial Maestro Who’s it for?

Accounting Software 52

Accounting Software QuickBooks XERO Accounting 52

Invoicera

OCTOBER 19, 2023

For all – small, medium, and large businesses Key Features: AR & AP Management: You can easily keep track of your accounts payable and receivable with Sage. Finly goes beyond standard invoicing by offering Automated Expense Management. Sage – The Enterprise-Level Financial Maestro Who’s it for?

Accounting Software 52

Accounting Software QuickBooks XERO Accounting 52

Invoicera

OCTOBER 19, 2023

For all – small, medium, and large businesses Key Features: AR & AP Management: You can easily keep track of your accounts payable and receivable with Sage. Finly goes beyond standard invoicing by offering Automated Expense Management. Sage – The Enterprise-Level Financial Maestro Who’s it for?

Accounting Software 52

Accounting Software QuickBooks XERO Invoicing 52

Invoicera

OCTOBER 19, 2023

For all – small, medium, and large businesses Key Features: AR & AP Management: You can easily keep track of your accounts payable and receivable with Sage. Finly goes beyond standard invoicing by offering Automated Expense Management. Sage – The Enterprise-Level Financial Maestro Who’s it for?

Accounting Software 52

Accounting Software QuickBooks XERO Accounting 52

AvidXchange

AUGUST 25, 2022

For AP professionals looking to increase their company’s revenue while reducing their costs, procure-to-pay software allows them to manage their expenses more efficiently. Receiving – Accepting the physical shipment and entering the accepted order into inventory, tracking, and accounting systems.

Purchase Order 52

Purchase Order Budgeting Invoicing AP 52