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California Construction Company Goes Paperless with AP Automation

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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.

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CFO Survey Reveals Widespread Support for AP Digitization

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From how much they use digital accounts payable (AP) processes, to invoice and payment processes they want to digitize, to the biggest obstacles they’re facing, this is a full-blown exploration of the current state of mind of CFOs. That same percentage made the move to better benefit their customers and vendors.

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A Beginner’s Guide to APIs for Finance Pros 

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In accounts payable (AP) automation , an API plugs into different software programs, unlocks the data and turns on the communications between them so they can connect and share information and functionality. Leading AP software providers often integrate with up to 30 or more accounting software programs.

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5 Factors Construction Leaders Should Consider When Automating Accounts Payable

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Here’s one to consider: whether now is the right time for your company to start automating accounts payable (AP) processes. How will AP software be integrated with your accounting system ? Will you still have control of your invoice and payment processes? There are many questions to answer. Will it accelerate payments?

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3 Biggest Myths about Accounts Payable Software and Services

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From the expansive list of industry myths, three stand out above the rest because they can be especially influential in leading you down the wrong, or right, paths in your processing of invoices and payments. AP software providers take care of whatever integration work is needed. Big Myth No. Big Myth No.

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2-Way vs. 3-Way Matching: What’s the Difference?

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It’s when you check an invoice to make sure the information aligns with the information on your purchase order or sales receipt. Mismatching means something’s off such as the amount of the purchase order doesn’t equal the invoice amount. Or the business can use AP software , which gets this done automatically using a lot less paper.

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AI invoice processing: How to leverage AI in AP Automation

Nanonets

AI invoice processing is no longer a sci-fi dream but a present reality reshaping the way businesses manage their accounts payable (AP). From automating data extraction to identifying invoice discrepancies, AI-based invoice processing is making operations smoother, faster, and more reliable. Enter AI invoice processing.