Compleatable

DECEMBER 14, 2023

And on the topic of integrations, we made a few updates this month- firstly, the transaction patch API modification allowed users to change the journal number after an invoice had been posted (pretty handy, right?). You can now also move a transaction that had been put in the success tray to posting failure. Finally (it was a busy one!),

Purchase Order 130

Purchase Order Accruals Invoicing AP 130

Billing Platform

JANUARY 31, 2023

Has the manual effort of the invoicing process turned into daunting tasks that are resulting in errors and revenue loss? According to research, conducted by Levvel Research , 50% of businesses regardless of size (SME, mid-market, enterprises) have yet to automate their accounts payable (AP) processes. If so, you’re not alone.

Invoicing 52

Invoicing Accounts Payable Accounts Payable Invoice Processing 52

AvidXchange

NOVEMBER 16, 2023

Additionally, the team struggled with lengthy and cumbersome month-end closing processes due to manual payment approvals. Accruals in particular posed a hurdle, requiring a day and a half to gather data via paper purchase orders (POs). There was absolutely no digital tracking whatsoever."

Accounts Payable 52

Accounts Payable Accounts Payable AP Accruals 52

MineralTree

OCTOBER 19, 2023

An Overview of Accounts Payable Software Solutions Accounts payable software solutions, often referred to as AP software or AP automation tools, are technology platforms designed to streamline and automate the AP process within an organization. While they offer robust features, they don’t cover the entire AP process.

Accounts Payable 75

Accounts Payable Accounts Payable AP Data Entry 75

Nanonets

APRIL 16, 2023

The technology is a specific SaaS that helps to manage large volumes of invoices and transactions between a business and its vendors. Although you may think the AP automation process starts with invoice capture , digitization actually begins with the supplier relationship. How Does AP Automation Work?

AP 52

AP Accounts Payable Accounts Payable Purchase Order 52

Counto

NOVEMBER 7, 2024

Efficient processes ensure the business doesn’t experience short-term financial strain. Streamline Invoicing Processes: Ensure invoices are sent promptly after the delivery of goods or services. Automate invoicing to improve efficiency and ensure consistency. Set clear payment terms (e.g.,

Revenue Cycle 40

Revenue Cycle Accruals Accounts Receivable Account Receivables 40

Nanonets

JUNE 29, 2023

By implementing spend management software, businesses can streamline their spending processes and maximize the value obtained from their expenditures. This is achieved by integrating all activities related to sourcing, contracting, purchasing, supplier management, invoice processing, and payments. Sources: [link] 6.

Budgeting 52

Budgeting Expense Reports Data Entry Invoicing 52