AvidXchange

AUGUST 31, 2023

She opened invoices with a letter opener, dealt with paper jams in the check printer and oversaw two employees whose full-time role was filing. While some organizations have at least partially updated these manual processes, others are resistant to change and may feel like the effort involved in digitizing processes is not worth the risk.

AP 52

AP Accounts Payable Accounts Payable Invoicing 52

AvidXchange

JULY 1, 2021

A recent survey conducted by PYMNTS.com and VersaPay polled 400 chief financial officers (CFOs) to find out what they’re thinking about a wide range of timely and important business and technology issues. Ninety-six percent of CFOs either have digitized or plan to digitize their AP and AR accounting functions in the next year.

AP 52

AP AR AR / AP Invoicing 52

Nanonets

APRIL 14, 2024

With AI-driven accounting capabilities, HR modules, payroll features, and a wide range of integrations, Sage Intacct supports businesses' needs today while helping them prepare for the future. These tools range from accounts payable platforms to inventory management solutions and everything in between.

AR 52

AR Payroll Data Entry Accounts Payable 52

Nanonets

JUNE 15, 2023

Accounting automation has become a game-changer in the financial world. Accounting automation can help streamline operations, reduce errors, and save time and resources. In a survey, 58% of accountants said automated accounting led to increased efficiency. What is  Accounting Automation?

Purchase Order 52

Purchase Order AR Accounting Accounting 52

MineralTree

JUNE 29, 2023

This has caused challenges and delays across multiple stages of the AP workflow, including: invoice processing, payments, and reconciliation for 84% of the finance leaders. Savvy AP teams realize that strong vendor relationships and on-time payments are critical to a healthy supply chain. What is Vendor Management?

Vendor Management 76

Vendor Management AP Accounts Payable Accounts Payable 76

MineralTree

AUGUST 24, 2023

Are you relying on the current accounts payable (AP) workflow in QuickBooks Desktop or Online to manage your financial operations? The QuickBooks AP workflow includes tasks like invoice receipt, data entry, approval, and payment required to manage AP within the software. If so, you’re not alone.

Accounts Payable 70

Accounts Payable Accounts Payable QuickBooks AP 70

SAP Accounts Payable

FEBRUARY 27, 2017

The common pain areas in most of the industries are manual and time-consuming document processing business processes. This includes the processes like Accounts payable, Sales order processing, Accounts receivables etc. Suite of automation solutions compatible with SAP environment include: HOW IT WORKS?

AR 52

AR AP Data Entry Accounts Payable 52

AvidXchange

JUNE 6, 2022

Accounts receivable (AR) refers to the outstanding invoices a company has or the money it is owed from its clients. In your personal life, an example of Accounts Receivable would be buying a ticket to a concert or sporting event for a friend with the understanding that they will pay you back later. It’s essentially an “IOU”.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables AR 52

Invoicera

APRIL 2, 2024

The accounts receivables and payables management records have a unique significance in the business world. Let’s dive into detailed information about Accounts Payable and Receivable Management and their importance. What is Accounts Payable Management? Let’s first understand, what are Accounts Payable.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables Accounts Payable 52

AvidXchange

JUNE 6, 2022

Accounts receivable (AR) refers to the outstanding invoices a company has or the money it is owed from its clients. In your personal life, an example of Accounts Receivable would be buying a ticket to a concert or sporting event for a friend with the understanding that they will pay you back later. It’s essentially an “IOU”.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables AR 52

Invoicera

MARCH 22, 2024

But guess what! Bringing automated invoicing into your business can be really helpful and increase your productivity. Thus, we have listed the top 15 leading automated billing software that are reshaping companies in 2024. The familiar names are Invoicera, FreshBooks, and QuickBooks. There is good news.

Billing 52

Billing Invoicing Invoice Processing QuickBooks 52

Nanonets

MAY 8, 2024

If you want more functionality than what is provided by out-of-the-box features, the wide variety of available NetSuite integrations and applications can be found on the NetSuite marketplace called SuiteApp. Finally, BILL AR pairs your payments with the associated invoices, streamlining the account reconciliation process, too. 

AP 52

AP Billing General Ledger AR 52

AvidXchange

FEBRUARY 17, 2023

” EXCLUSIVE REPORT: How Middle Market Finance Teams are Preparing for a Recession Fewer than 20% of CFOs plan to increase spending and budgets in 2023 Despite high expectations, the study found that only 18% of respondents said they plan to increase spending and budgets in 2023. They don’t. You have to make it compelling.”

AR 52

AR AP Accounts Payable Accounts Payable 52

MineralTree

MARCH 2, 2023

Keep reading to learn about these top challenges facing CFOs in 2023, as well as the steps leaders should take to prepare their organization and AP team for success. Keep reading to learn about these top challenges facing CFOs in 2023, as well as the steps leaders should take to prepare their organization and AP team for success.

AP 83

AP Accounts Payable Accounts Payable AR 83

AvidXchange

JULY 14, 2023

If you’re unfamiliar with AvidXchange and what we do, look no further. What Is AvidXchange? AvidXchange provides accounts payable (AP) automation Software as a Service (SaaS) to mid-size companies. Companies partner with AvidXchange to automate their invoice and payment processes.

Deposits 52

Deposits AP Invoicing AR 52

Nanonets

SEPTEMBER 22, 2023

Accounts payable  and  accounts receivable  play a crucial role in a company's financial health and should be managed effectively for optimal  cash flow  and accurate  balance sheet  reporting.  What is Accounts Payable?

Accounts Payable 52

Accounts Payable Accounts Payable General Ledger Accounts Receivable 52

MineralTree

NOVEMBER 10, 2022

Duplicate payments are a huge headache for accounts payable departments and their vendors. For AP teams, they lead to wasted time and money and strained supplier relationships. Let’s take a look at the steps AP departments can take to avoid duplicate payments and improve AP efficiencies across the organization.

AP 52

AP Invoicing AR Accounts Payable 52

Nanonets

MARCH 20, 2024

  Unfortunately, bank loans can have hefty interest rates, investors are always trying to take a percentage of equity for their contributions, and IPOs are some of the most complex business maneuvers available. Securing net 30 accounts for business use is a must, and in this article, we’ll showcase why that is.

Accounting 52

Accounting Accounting AP Invoicing 52

AvidXchange

MARCH 28, 2023

In addition, McCoy now receives alerts when new card payments are available or if a card is about to expire. What we can now achieve through this supplier portal is truly awesome!” Company Profile: Champion Services, Inc. (CS metropolitan area.

AR 52

AR Accounts Receivable Accounts Receivable Account Receivables 52

AvidXchange

OCTOBER 16, 2023

If I can get something off my plate, that’s what I want to do,” he said. With this early payment option, if a supplier chooses to accelerate an eligible invoice, AvidXchange deposits the funds directly into their account in as little as 24 hours for a small fee. He currently employs four full-time workers and several contractors.

AR 52

AR Invoicing Deposits Accounts Receivable 52

Jetpack Workflow

JUNE 1, 2023

Through extensive research and talking with dozens of profitable firm owners, we discovered the top accounting outsourcing partners that thousands of US-based accounting firms work with successfully. Typical Accounting Services That Can Be Outsourced Here are some of the standard services CPA firms frequently outsource.

Outsourced Bookkeeping 52

Outsourced Bookkeeping Bookkeeping Services AR / AP Bookkeeping 52

Invoicera

DECEMBER 12, 2023

Introduction Choosing the right accounting software is a cornerstone for business success. Wave, QuickBooks, and Invoicera are leading contenders, each offering unique features tailored to diverse business needs. Set up automated schedules for invoicing convenience , eliminating the need for manual generation of recurring invoices.

QuickBooks 59

QuickBooks Invoicing Payroll Billing 59

Nanonets

FEBRUARY 28, 2024

We will start with the basics: What exactly is a General Ledger, and why is it paramount to your business's financial health? We'll unravel the Chart of Accounts, the backbone of the GL, detailing how transactions are organized and recorded. What is a General Ledger? Let's understand this in detail.

General Ledger 52

General Ledger Data Entry Invoicing Accounts Payable 52

AvidXchange

OCTOBER 14, 2022

Once an invoice is approved and a check is cut, it can take anywhere from seven days to a few weeks for payment to reach a vendor. What are the benefits of paper check payments? Despite the benefits, paper checks can get lost, are highly susceptible to fraud and present missed opportunity costs.

Deposits 52

Deposits AR Invoicing AP 52

AvidXchange

APRIL 14, 2023

Read on to learn how criminals are stealing and “washing” checks, plus what you can do to better secure your company’s finances from this type of fraud. How Are Checks Stolen? Criminals are stealing checks from mailboxes. Other fraudsters scan or copy a stolen check to print multiple fake checks payable from your account.

Deposits 52

Deposits AR Accounts Receivable Accounts Receivable 52

Invoicera

OCTOBER 19, 2023

Do you wonder if there’s more to accounting than just QuickBooks? A recent survey by SmallBizTrends says, “ 85% of business owners are looking for accounting software alternatives “ While QuickBooks has long been the gold standard in this domain, it’s not the only option. Well, you’re not alone!

Accounting Software 52

Accounting Software QuickBooks XERO Accounting 52

Invoicera

OCTOBER 19, 2023

Do you wonder if there’s more to accounting than just QuickBooks? A recent survey by SmallBizTrends says, “ 85% of business owners are looking for accounting software alternatives “ While QuickBooks has long been the gold standard in this domain, it’s not the only option. Well, you’re not alone!

Accounting Software 52

Accounting Software QuickBooks XERO Accounting 52

Invoicera

OCTOBER 19, 2023

Do you wonder if there’s more to accounting than just QuickBooks? A recent survey by SmallBizTrends says, “ 85% of business owners are looking for accounting software alternatives “ While QuickBooks has long been the gold standard in this domain, it’s not the only option. Well, you’re not alone!

Accounting Software 52

Accounting Software QuickBooks XERO Invoicing 52

Invoicera

OCTOBER 19, 2023

Do you wonder if there’s more to accounting than just QuickBooks? A recent survey by SmallBizTrends says, “ 85% of business owners are looking for accounting software alternatives “ While QuickBooks has long been the gold standard in this domain, it’s not the only option. Well, you’re not alone!

Accounting Software 52

Accounting Software QuickBooks XERO Accounting 52

Invoicera

NOVEMBER 28, 2023

Accounting software has become the cornerstone for businesses to streamline operations, track finances, and ensure precision in every transaction. According to recent studies by Forbes Insights, 88% of businesses credit their growth to adopting advanced accounting software.

QuickBooks 52

QuickBooks Invoicing Billing Accounting Software 52

AvidXchange

JULY 12, 2018

But the most common reason for late B2B payments is limited control and visibility into the accounts payable cycle. Manual AP workflows also run the risk of duplicate payments to vendors and payments to fraudsters based on fake invoices. The faster invoices are processed, the quicker payments are disbursed.

AP 40

AP Invoicing Accounts Payable Accounts Payable 40

AvidXchange

SEPTEMBER 19, 2017

to talk accounts payable and best practices for year-end close in a manual, paper-based system. Scale Finance currently serves over 120 entrepreneurial companies, and we deliver flexible corporate finance and accounting support, leveraging world-class professional expertise and experience. That’s pretty incredible.

Billing 52

Billing AP Accounts Payable Accounts Payable 52

Nanonets

APRIL 19, 2024

Invoicing, for instance, is something that every single accounting team has to learn how to manage. With only 20-25 business days per month, the impact of five whole days being consumed by sending, receiving, and processing invoice payments is a major lift for an organization’s accounts receivable team and its accounts payable team.

XERO 52

XERO Invoicing AR AP 52

Invoicera

NOVEMBER 13, 2023

But what if you have a business strategy that makes it possible? But how can you ensure your choices are the right ones? Whether you are an experienced entrepreneur improving your strategies or a beginner who wants a successful business journey, this blog post is your guide to growth. What are Financial KPIs?

Microsoft Excel 59

Microsoft Excel Accounting Software Financial Reporting AR 59

AvidXchange

SEPTEMBER 21, 2021

What should you do to not just survive, but thrive? We want to help answer this question and share ideas for how you and your company can utilize accounts payable (AP) automation to come out stronger in the days and months ahead by thinking about these changes and opportunities in new ways.

AP 52

AP Invoicing Computation Billing 52

Invoicera

MAY 14, 2023

Invoice automation solutions control how customers pay and lower the investment cost on an Account Payable (AP) team. The AP team manages customer service and orders and tackles the arduous task of keying hundred of invoices and verifying them against their original purchase orders.

Invoicing 52

Invoicing AR Invoice Processing Purchase Order 52

AvidXchange

JULY 21, 2021

As a controller or accounts payable (AP) manager, you can use more than a dozen key accounts payable performance indicators (KPIs) to track the performance of your AP systems. What are Accounts Payable Metrics? So be careful how you calculate this.

Accounts Payable 52

Accounts Payable Accounts Payable AP Invoice Processing 52