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Month-end close has long been a strain on finance departments—especially for Accounts Payable (AP) teams buried under manual processes. And too often, AP professionals are left scrambling to meet deadlines while navigating outdated workflows. Time, accuracy, and control collide in the final days of every month.
Most AP automation tools are built on fixed templates, rigid routing paths, and logic that assumes your business will operate the same way tomorrow as it does today. Automation was supposed to simplify invoice processing — faster approvals, fewer errors, cleaner workflows.
Leading finance teams are beginning to recognize AP not just as a transactional necessity, but as a strategic asset. With the right systems in place, AP becomes a source of real-time financial insight, operational resilience, and cross-functional agility. But that perception is changing.
For accounts payable (AP) departments, this challenge presents a critical question: how can volume grow without compromising timeliness, accuracy, or oversight? As companies expand, finance teams are often asked to process more transactions without a proportional increase in staff or resources.
Join Wayne Richards and Danny Gassaway for a practical guide on bringing accounts payable (AP) automation to your organization. Key Takeaways ✅ Boost Efficiency & Cut Cost: Discover how AP automation eliminates manual tasks, accelerates workflows, and reduces processing costs.
Sage AP Automation for Sage 50, Sage 200 and Sage Intacct. In most finance teams, specifically accounts payable, manual AP processes are a major cause of frustration for your finance function. But with AP automation, it doesnt have to be that way.
Behind the scenes, accounts payable (AP) teams are managing increasing volumes of invoices, dispersed across departments, campuses, and sometimes even continents — all while working with outdated systems and lean staffing models.
When it comes to managing Accounts Payable (AP), many businesses focus on optimising internal processes and streamlining workflows. But one factor often overlooked is the crucial role your B2B suppliers play in the success of your AP operations. Are you focusing on supplier selection as part of your AP strategy?
As finance teams evolve, the way they approach accounts payable (AP) automation is shiftingfrom standalone tools to integrated strategies. Choosing the right AP automation path isnt just about software features; its about making ecosystem-aligned decisions that elevate performance without complicating your tech stack.
The status quo for AP in small and mid-market companies is broken. It consists of messy tech stacks of siloed solutions that give rise to manual work, a lack of control, wasted spend, and unnecessary risks. The benefits of shifting to spend management are tangible, measurable, and are felt across the whole organization.
In today’s competitive world, businesses are constantly looking for ways to improve how they work, and accounts payable (AP) automation is a real game-changer. This guide breaks down AP automation, covering everything from how to get started to the key benefits and features to look for.
AP automation isnt just about making life easier for the finance departmentits a direct path to saving serious money, reducing headaches, and improving overall operational efficiency. According to QX Global Group , automating AP processes can cut invoice processing costs by 60% to 90% per document. Youll be amazed by the difference.
Accounts Payable (AP) automation can be a life saver, its not just another bit of tech, its a practical way to save time, cut down on errors, and get more control over your payments without needing to grow your team. With AP automation, you have digital trails showing who approved what, when, and why, and its all done automatically.
OCR Technology: A Great Start for AP Efficiency As businesses look to modernize their accounts payable (AP) operations, Optical Character Recognition (OCR) has become an important tool for streamlining invoice processing. This is where Ascend AP stands apartbridging the gap between OCR efficiency and full AP automation.
Key Learning Objectives: 💡 Understand the Role of Human Expertise in Automated Finance Systems: Learn how human oversight improves accuracy, reduces errors, and ensures business continuity in AP automation.
Discover what senior finance leaders really want from AP automation in 2025. Based on new market research, this blog explores why most solutions fall short—and how Ascend delivers the seamless integration, ROI clarity, and intelligent automation they’re asking for.
Watch: Smarter Spending & Budget Control with Advanced AP Automation for Charities Fill in the form to access the on-demand recording of our webinar session looking specifically at how UK Charities are saving time and money with smarter AP automation.
Fortunately, advancements in technology have led to the development of automated AP workflow solutions that can streamline the accounts payable process and eliminate the need for manual intervention.
Recently, they identified an opportunity to enhance their financial operations by automating their accounts payable (AP) processes. Recognising the need for a more efficient system, they explored solutions to streamline their AP operations. Download the Prospect Hospice Testimonial HERE.
Accounts payable (AP) automation has the potential to revolutionize financial operations, driving efficiency, accuracy, and cost savings. However, despite the many advantages of automating AP processes, not all implementations are successful. Several factors can cause AP automation solutions to fail or fall short of expectations.
By automating AP processes, companies can reduce time spent on manual processing and processing costs, while improving accuracy and reducing the risk of errors. For businesses that rely on manual invoice and payment processing, the cost savings and efficiency gains of implementing an automation solution can be significant.
In conversations with our Account Managers, one theme continues to emerge: high-performing AP teams are focused on results that are measurable and repeatable. These teams aren’t just looking to automate for automation’s sake—they’re aiming to hit specific operational benchmarks that deliver tangible business value.
Vendor invoices are now easier to process for AP professionals using Microsoft Dynamics Business Central with Binary Stream Multi-Entity Management (MEM).
If they are hesitant to invest or even spend time discussing AP automation, it’s probably because they are dedicating their busy calendar time to what they see as more important and more exciting. Whether you’re talking about your COO, CFO, CIO or the entire executive suite, these folks are probably juggling a lot of moving parts.
Whether youre part of a single school or a multi-academy trust, automating processes like purchasing and accounts payable (AP) can save time, reduce stress, and free up your team to focus on what really matters: supporting students and teachers. Thats why automation is no longer a luxury its a necessity. Ready to Automate Your School?
The world of finance, purchasing, and accounts payable (AP) automation is transforming rapidly, and 2025 is set to bring even more significant changes. Touchless AP Processes : Fully automated invoice approvals, three-way matching, and payment processing will minimise manual intervention and errors.
Are accounts payable (AP) professionals happy at work? The survey, summarized in the 2024 Accounts Payable Career Satisfaction Report , found that access to technology like automation tools enhances career satisfaction for AP staff. Only 30% of AP pros reported working entirely in the office, down from 39% in 2023.
Introduction: The Illusion of Small Tasks In accounts payable, where high-volume operations are the norm, individual tasks often go unquestioned. Five minutes spent manually processing an invoice may appear trivial—until one calculates the cumulative effect across an enterprise. Time, when unmeasured, becomes the most expensive oversight.
Conducting an accounts payable (AP) audit is critical in ensuring your business’s financial health and integrity. An effective AP audit helps identify inefficiencies, discrepancies, fraud, and opportunities for process improvement. What Is an Accounts Payable Audit? Here are the key steps involved: 1.
Every company has an accounts payable or AP department. If you dont have a separate AP department, then all the responsibilities are handled by the finance department. The AP department is responsible for maintaining the payment with vendors from whom you procure goods and services. There are many payment options out there.
Creating 1099 reporting is one task that can take less time with accounts payable (AP) automation. Learn More About AP Automation What is a 1099? AP automation can simplify this process greatly. Audit Preparation AP automation can offer a digital audit trail of payments, providing easy access to records in case of an audit.
When it comes to accounts payable (AP), no one wants to leave money on the table, but overpayments remain a costly reality for many organizations. Most AP overpayments stem from five common areas. Heres how to prevent AP overpayments before they affect your bottom line. The good news?
The Leadership Challenge Behind AP Automation While the market frequently focuses on the capabilities of AP automation platforms, far less attention is given to the realities of managing the people expected to use them.
Hear from Sam Johnson, Partner Success Manager for PayTrace, and Kevin Pritchard, VP of Product and Growth for Fidesic, discuss how the complementary partnership between PayTrace and Fidesic provides a comprehensive AR/AP solution that integrates directly with Microsoft Dynamics Business Central.
Excelling in AP Management through Automation with AP Leader Caroline Adams In this interview with Caroline Adams, an accomplished AP leader, we ask her a series of questions about AP management, the influence of automation, and the journey toward modern AP processes. Discover her valuable insights.
While many organizations have implemented automation in either accounts payable (AP) or accounts receivable (AR), the real transformation occurs when both systems work together as an integrated financial ecosystem.
Automation has revolutionized the way finance teams operate, with accounts payable (AP) automation being the go-to first step for businesses looking to improve efficiency and cut costs. But while automating AP is an important step, it’s only one side of the equation. Why AR Automation Complements AP Automation 1.
Accounts Payable (AP) may not always grab headlines, but for finance leaders and operational managers, it is the heartbeat of fiscal integrity. At oAppsNET, we recognize that small inefficiencies in accounts payable (AP) can compound into costly financial missteps. A lost invoice. An unchecked approval. The impact?
Have you noti ced inefficiencies in your accounts payable (AP) department ? In this post, well explore key indicators that signal its time to streamline your AP workflow and boost efficiency with automation. Speak to an Expert About Automating Your AP 1. It might be time for a change.
Watch: Smarter Spending & Budget Control with Advanced AP Automation for Charities Fill in the form to access the on-demand recording of our webinar session looking specifically at how UK Charities are saving time and money with smarter AP automation.
Menus, and navigation are different, requiring AP accountants to adapt to new processes for working with their financial data. The search functionality in business central is remarkably good, allowing quick access to AP invoices or quick vendor look-ups. Search is Awesome!
Optimize your AP process with five key metrics that reduce costs, improve efficiency, and strengthen supplier relationships. Learn how automation can transform AP into a strategic asset
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