Ascend Software blog

JULY 1, 2025

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 And too often, AP professionals are left scrambling to meet deadlines while navigating outdated workflows.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.

AP

Ascend Software blog

DECEMBER 20, 2024

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.

Accounts Payable

Compleatable

FEBRUARY 10, 2025

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. How does this magic work?

AP

Ascend Software blog

JUNE 16, 2025

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.

AP

oAppsNet

APRIL 18, 2025

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?

AP

oAppsNet

DECEMBER 17, 2024

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.

AP

Compleatable

JANUARY 9, 2025

In this context, one often-overlooked area that can deliver significant impact is how purchasing and accounts payable (AP) processes are managed. Meanwhile, the finance team is buried under piles of paper invoices, struggling to process payments before deadlines. Sound familiar? These inefficiencies quickly add up.

Accounts Payable

Compleatable

JANUARY 17, 2025

Between managing budgets, approving invoices, and ensuring everything runs smoothly, it can sometimes feel like there just arent enough hours in the day. By automating processes like purchasing approvals and invoice management , you can streamline workflows, cut down on delays, and reduce errors.

AP

Nanonets

DECEMBER 26, 2024

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. Automating invoice approvals to streamline workflows.

AP

Compleatable

APRIL 7, 2025

Recently, they identified an opportunity to enhance their financial operations by automating their accounts payable (AP) processes. Manual invoice processing was time-consuming and susceptible to delays, especially during staff absences. Download the Prospect Hospice Testimonial HERE.

AP

Compleatable

NOVEMBER 15, 2024

For finance departments, one of the most transformative tools has been Artificial Intelligence (AI), which has quickly become an asset in streamlining Accounts Payable (AP) processes , combating fraud, and offering real-time insights. Adopting the latest tools isn’t just an advantage; it’s essential for staying competitive.

Accounts Payable

Ascend Software blog

JUNE 5, 2025

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.

AP

Compleatable

DECEMBER 11, 2024

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.

AP

oAppsNet

APRIL 24, 2025

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?

AP

AvidXchange

JANUARY 10, 2025

Determining the return on investment (ROI) of implementing an AP automation solution involves comparing the tangible and intangible benefits against the costs. Factors for Calculating Accounts Payable Automation ROI Calculating AP automation ROI involves several key factors. Below is a breakdown of the elements to consider.

Accounts Payable

Invoicera

NOVEMBER 14, 2024

Managing invoices in financial services is no walk in the park. It’s not just about sending an invoice; it’s about doing it with precision, ensuring compliance, and, of course, making a good impression on clients who expect absolute professionalism. billion in 2023 to a whopping $18.08 billion by 2032.

Financial Services

oAppsNet

DECEMBER 10, 2024

Accounts payable (AP) fraud is a significant threat to businesses of all sizes. Understanding the most common methods of AP fraud is essential for safeguarding your business. The Most Common Methods of Accounts Payable Fraud AP fraud can take many forms, but some methods are more common than others.

Accounts Payable

AvidXchange

JANUARY 2, 2025

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.

AP

Nanonets

MAY 23, 2025

They are also 10% more likely to receive full payment on overdue invoices. It adds another layer of AI-powered automation to your QuickBooks workflows, enabling you to automate information capture, approval routing, and invoice posting. Artificial intelligence is transforming how 10 million QuickBooks customers manage their finances.

QuickBooks

AvidXchange

NOVEMBER 8, 2024

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.

AP

Invoicera

NOVEMBER 27, 2024

Picture this: You’ve got stacks of invoices, working with numbers again and again, and facing constant payment issues. But what if there was a way to have your invoicing easy to design and even easier to send out? Automated invoicing software is the secret tool that every business should be using. Let’s jump right in!

Invoicing

Compleatable

JANUARY 16, 2025

Manual invoice processing (AP). You may not realise it, but the outdated practice of manually entering, managing, and paying invoices could be the silent killer of your businesss growth. Manual invoicing might seem like an acceptable solution for small businesses, especially if you have a lean team or just a few suppliers.

Invoicing

Ascend Software blog

NOVEMBER 26, 2024

As governments worldwide move toward mandatory electronic invoicing (e-invoicing) systems, businesses are facing a new challenge: adapting their processes to comply with these regulations.

Invoicing

AvidXchange

DECEMBER 20, 2024

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.

AP

Ascend Software blog

MAY 22, 2025

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.

AP

oAppsNet

NOVEMBER 12, 2024

Accounts Payable (AP) fraud is like a hidden drain slowly sucking the lifeblood out of your business. In simple terms, AP fraud is when someone tricks your accounts payable department into paying for something that isn’t legitimate. AP fraud is more common than most business owners think. Scary, right?

Accounts Payable

Ascend Software blog

JUNE 9, 2025

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.

AP

AvidXchange

NOVEMBER 25, 2024

This saves your procurement and accounts payable (AP) teams valuable time, as they’ll likely field fewer supplier inquiries as a result. Is There a Difference Between a Supplier Hub and a Vendor Portal? Reduced Administrative Burden: A vendor portal can help free AP teams from repetitive tasks like addressing payment status inquiries.

AP

Compleatable

MARCH 11, 2025

Automate Manual Tasks: Leverage tools like Satago for financial close automation or Compleat Software for automated invoice processing, reducing manual workloads and minimizing errors. Optimize Purchasing and AP Processes Efficiency in Purchasing and Accounts Payable (AP) management is crucial for financial success.

AP

oAppsNet

DECEMBER 31, 2024

Accounts payable (AP) fraud is a growing threat to businesses of all sizes. Fraudsters are becoming increasingly sophisticated, leveraging technology and exploiting vulnerabilities within AP processes to steal funds and manipulate financial records. Fraudsters may create fake vendors to submit false invoices and siphon funds.

Accounts Payable

Invoicera

NOVEMBER 8, 2024

For many companies, managing accounts receivable (AR) and accounts payable (AP) is a constant challenge, with delayed payments, manual errors, and lack of real-time visibility causing significant disruptions. A study by Atradius revealed that 48% of B2B invoices in the U.S. 13 top AR and AP software solutions.

Accounts Payable

Nanonets

NOVEMBER 24, 2024

Accounts Payable (AP) automation, a critical area in financial management, is no exception. Components of an AP system. Coding a multi-agent system to automate AP process. By the end of this blog, you’ll understand how to code your own AP agent for your own invoice use-case.

Accounts Payable

oAppsNet

APRIL 15, 2025

Accounts Payable (AP) departments are no strangers to complexity. Between juggling purchase orders, invoices, vendor agreements, and payment terms, its too easy for costly errors to slip through the cracks. Below are some of the most common AP overpayment examplesand what you can do to stop them.

AP

Nanonets

NOVEMBER 5, 2024

Vendor bills are a critical part of AP workflows - the final document in an AP process that specifies how much you need to pay a vendor for a purchase. Getting a vendor bill payment right is important - to ensure accurate payments, prevent fraud, and streamline AP workflows. How Does 3-Way Matching Work in NetSuite?

Purchase Order

oAppsNet

JANUARY 18, 2025

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.

AP

Compleatable

FEBRUARY 14, 2025

Automate Accounts Payable (AP) Processes One of the biggest ways to save money for non-profits is by automating the accounts payable (AP) process. Manual invoicing and payment processing are time-consuming and prone to errors. This ongoing effort is essential to save money for non-profits in the long run.

AP