AvidXchange

FEBRUARY 7, 2025

For example, you may be able to use an API to connect your procurement system and your accounts payable (AP) software to enable purchase order and invoice matching. For example, an API between your AP software and accounting system may allow your team to see pending invoices and project monthly spending more accurately.

Accounting

Compleatable

MARCH 31, 2025

If you work in school finance, you know the juggling act all too well, tight budgets, growing demands, and a mountain of paperwork that never seems to shrink. For many schools and Multi-Academy Trusts (MATs), managing purchasing and invoices is still a manual, time-consuming process. But they dont have to be.

Budgeting

Nanonets

OCTOBER 28, 2024

For example: Purchase Order Approval : A REST API integration can send a new PO to the designated approvers based on predefined criteria, notifying them in applications like Slack or Microsoft Teams. Invoice Matching : The REST API enables AP automation tools to match vendor invoices with POs based on custom rules.

Purchase Order

NextProcess

JUNE 20, 2025

Tasks like generating purchase orders, reconciling invoices, and processing expense approvals become much faster and more efficient after automation. Your AP and procurement departments might even be able to work together and negotiate favorable purchasing contracts and/or early payment discounts.

Purchase Order

Invoicera

DECEMBER 5, 2024

Quickbooks QuickBooks is a versatile invoicing and accounting tool designed to simplify AP and AR management. Whether you’re a solo entrepreneur using Wave’s budget-friendly features or a growing business needing Invoicera’s robust capabilities, there’s a solution that fits your needs and budget.

Invoicing

Nanonets

MAY 22, 2025

You can use it to: Compare budgeted versus actual figures in real-time Get quick answers to financial queries through conversational search Streamline month-end close processes Automate approval workflows and reconciliations Say you need to check budget variances for this quarter. They can be time-consuming and error-prone.

AP

NextProcess

MAY 30, 2025

If you go with NextProcess for your accounts payable automation, you’re typically looking at as little as 60 days for initial implementation and 3 to 4 months to be fully set up for AP. NextProcess offers the only suite of software with modules to power and simplify budgeting, project management, purchasing, accounts payable, and payments.

Accounts Payable

Compleatable

FEBRUARY 10, 2025

AP automation isnt just about making life easier for the finance department, its 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. How does this magic work?

AP

AvidXchange

SEPTEMBER 23, 2024

Table of Contents: What is Purchase Order Automation? | Why Use Purchase Order Automation Software? Learn More About PO Automation Software What is Purchase Order Automation? Why Use Purchase Order Automation Software?

Purchase Order

NextProcess

APRIL 14, 2023

The Accounts Payable (AP) department is often one of the slowest to switch over to automation software or to update older software solutions. While myths like this are fairly common , delays in implementing more efficient AP processing software could be costing your company money. Besides, if the old way isn’t broken yet why fix it?

AP

Nanonets

APRIL 17, 2023

Purchase orders are among those parts of the business that can sometimes get buried under other tasks. Perfecting the purchase order process can take time and thus is often not prioritized. However, having an efficient purchase order process goes a long way in maintaining AP efficiency.

Purchase Order

Compleatable

DECEMBER 14, 2023

We made it even easier to create a new order by adding the layout and supplier within the Requisition form, as well as adding a shiny new duplicate function to Purchase Orders. We improved supplier management by letting you control whether to send a Purchase Order to a supplier automatically upon approval.

Purchase Order

Compleatable

DECEMBER 14, 2023

We made it even easier to create a new order by adding the layout and supplier within the Requisition form, as well as adding a shiny new duplicate function to Purchase Orders. We improved supplier management by letting you control whether to send a Purchase Order to a supplier automatically upon approval.

Purchase Order

AP Association

APRIL 12, 2022

Put a dispute resolution system in place There will be times when your AP department gets into disputes with vendors and suppliers. This way, you make sure that your pre-approved purchase orders go through, leaving any remaining orders to your accounts payable team to manually approve. Avoid cheques in the mail.

Accounts Payable

MineralTree

OCTOBER 5, 2023

How AP Ties Into Month-End Close The Accounts Payable (AP) function plays a significant role in the month-end close process because it involves the management of an organization’s outstanding liabilities and expenses. As part of the process, the AP team takes steps to ensure the past month’s financial records are accurate.

AP

NextProcess

JANUARY 31, 2025

Even though the accounts payable (AP) department governs money leaving your company, it’s one of the best places to work on saving money. When its working efficiently, AP can play a key strategic role in company finances and help the company save money. An outdated, poorly functioning AP department is a sinkhole for cash.

AP

NextProcess

FEBRUARY 28, 2025

Last fall, a Gartner survey of 301 senior finance leaders found that 77% of the respondents planned to increase their tech budgets in 2025. Of those CFOs and other leaders, 47% of them said they planned to increase the technology budget by 10% or more. The truth of that statement is reflected in the budgeting priorities of modern CFOs.

Budgeting

Nanonets

FEBRUARY 1, 2024

In the rapidly evolving business landscape, the efficiency of Accounts Payable (AP) processes is no longer just a back-office concern but a strategic imperative. The complexity and resource-intensive nature of traditional AP work is becoming unsustainable, particularly in the face of growing demands for speed and accuracy.

Accounts Payable

Nanonets

APRIL 17, 2023

AP automation or accounts payable automation solutions are an attempt to optimise this process for finance teams. By getting rid of slow manual processes and its associated errors, AP automation can enhance relationships with partners and suppliers while also saving time and money. What is Accounts payable automation or AP automation?

AP

Nanonets

APRIL 16, 2023

So, what exactly is AP automation ? Looking for an AI based AP Automation solution? Get Started Defining AP Automation Accounts payable automation is a set of tools that are used to streamline the AP process, remove manual input, and provide better insight into financial data. How Does AP Automation Work?

AP

Nanonets

OCTOBER 18, 2024

Imagine turning your often-overlooked accounts payable (AP) department into a strategic powerhouse. While businesses focus on optimizing every corner of their operations, AP often remains overlooked despite its untapped potential. As businesses face increasing financial pressures, the modern AP team must evolve beyond manual tasks.

AP

Compleatable

JUNE 22, 2023

“As a teacher in a small rural primary school, I have responsibility for my class budget and the three subjects I lead. ” Does this sound familiar? This not only causes stress for teachers but can put a strain on the admin staff trying to keep on top of the school’s overall budget and spending.

Budgeting

Compleatable

JANUARY 20, 2025

Why Purchase Invoice Management Software is Fundamental Automation and Streamlined Invoice Processing : Purchase invoice management applications automate the entire invoice lifecycle, from receiving and digitisation of invoices to automatic matching with purchase orders (POs) and receipts.

QuickBooks

Compleatable

JANUARY 20, 2025

Why Purchase Invoice Management Software is Fundamental Automation and Streamlined Invoice Processing : Purchase invoice management applications automate the entire invoice lifecycle, from receiving and digitisation of invoices to automatic matching with purchase orders (POs) and receipts.

Invoicing

AvidXchange

OCTOBER 12, 2022

Westport Construction shares how TimberScan Titanium enhances Acumatica and saves time with digital accounts payable (AP) Vince Wile joined Westport Construction about 10 years ago, evolving from an administrative role on the finance team to a lead decision maker, second to the CFO.

AP

Compleatable

JUNE 26, 2023

Traditionally, purchase-to-pay processes require a higher level of manual labour For example, imagine you’re an accounts specialist in a company with about 100 employees, 5 departments, with one approval manager. The gift of purchasing automation in the finance industry has been revolutionary.

AP

Nanonets

AUGUST 17, 2023

Every business must deal with purchase orders, bills, invoices, and payments to an array of vendors, who provide everything from basic supplies to high-value equipment and services needed for all the operations of the company. per invoice for the highest process maturity level. per invoice.  

Accounts Payable

Nanonets

JUNE 25, 2024

It seems simple, which is why it's often overlooked in AP efficiency discussions. Accurate invoice coding is crucial for financial reporting, budgeting, and decision-making. Detailed invoice coding enables accurate budget tracking, easier reporting, faster approvals, and better financial analysis.

AP

NextProcess

JULY 14, 2023

Search for “AP Automation Software,” and you’ll find hundreds of results. Making your budgeting, capital expense (CapEx) management, procurement, and payments systems work together gives you far more control over the entire process. Budgeting features built into our software give you increased control over your financial planning.

Budgeting

AvidXchange

JUNE 20, 2018

Today, growing organizations like yours are dramatically increasing the percentage of total spend to secure marketing, IT, HR or accounting data with software solutions and service providers (such as AP automation ). Contract budget tracking helps your organization adhere to your budget and project goals.

AP

Nanonets

NOVEMBER 16, 2023

This is where Accounts Payable (AP) Automation emerges as a critical tool, not merely for managing payments but as a strategically in scaling your business. AP Automation involves leveraging technology to streamline, optimize, and automate the processes associated with managing a company’s accounts payables.

AP

NextProcess

JULY 28, 2024

If your company is working with paper-based expense management or clunky, outdated software, NextProcess can help upgrade your process to manage budgeting and procurement efficiently. Purchase Order Software from NextProcess One of the most popular modules NextProcess offers is the Purchase Order (PO) Module.

Purchase Order

Invoicera

APRIL 28, 2024

So, this blog post will be discussing the common mistakes you are making while managing your AP and the tips to improve them. The invoices list what the company purchased, the quantities, costs, and due dates for payment. Verifying Invoices The company checks the invoice details against purchase orders and receiving documents.

Accounts Payable

AvidXchange

APRIL 14, 2021

You could continue using manual accounts payable (AP) systems, or shift to automated AP systems. The differences between manual and automated AP are profound. Let’s start with this: manual processes use mostly paper such as checks, purchase orders, invoices. We’re going to help you answer these important questions.

AP

Nanonets

APRIL 5, 2024

Tipalti and Airbase are powerful AP automation platforms that can seriously streamline financial processes. Whether you're a finance pro, a decision-maker, or a business owner, this in-depth Tipalti vs. Airbase comparison will give you the insights you need to choose the right AP automation solution for you. 4 Integrations 4.5

AP

Nanonets

FEBRUARY 8, 2024

Among finance professionals and business leaders, AP automation is quickly shifting from an exploratory endeavor to a key strategic priority. With our guide to Tipalti vs. Bill.com, you’ll get a crystal-clear understanding of two of the most-used AP automation tools today. What features do they offer?

AP

Gaviti

JULY 24, 2024

Invoice Collection: When the accounting department receives the invoice, the accounts payable team confirms whether it ordered and received the product or service. The team then compares the invoice bill to the purchase order. Invoice Approval: Company policy determines the approval process.

Invoice Processing