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CFO Survey Reveals Widespread Support for AP Digitization

AvidXchange

Ninety-six percent of CFOs either have digitized or plan to digitize their AP and AR accounting functions in the next year. These are long-term strategic moves. More than half (54 percent) say they’re digitizing AR/AP processes to provide customers and vendors with more efficient payment processes. Their answers were intriguing.

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Mastering the Basics: How to Do Accounts Receivable

Nanonets

Accounts receivable  is a crucial aspect of financial management for businesses, and understanding how to effectively manage it is essential for maintaining a healthy cash flow and business growth.  Accounts receivable (AR) refers to the money that a company is owed by its customers for products or services provided on credit.

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The Top 6 Coupa Software Competitors & Alternatives

Nanonets

Its broad range of tools includes AR/AP automation and data analytics, but its dedicated team of strategic advisors set it apart by offering sourcing, procurement, and payment advice to help streamline operations.

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Save Big: 10 Cost-Effective Alternatives To FreshBooks

Invoicera

Although FreshBooks has been a choice for many, it is always better to get software within your budget. A study has also found that over 40% of small businesses switch their financial software within the first two years. Thus, many invoicing software options are available in the vast market.

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The 7 Best BILL.com Alternatives

Nanonets

Bill.com, on the other hand, is renowned for its robust payment processing and broad (but entry-level) AP and AR capabilities. Enhanced User Experience for All Business Sizes: Nanonets' user-friendly interface is particularly beneficial for small to medium-sized businesses or teams that lack specialized training in financial software.

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ScaleFactor Fails to Scale, Blames COVID-19

Cloud Accounting Podcast

They'll record your prepaid expenses, do your AP/AR, do AP/AR reporting. The thing about ScaleFactor, though, is that they are not marketed, at least to the VC world, as a bookkeeping company, or an accounting firm- David Leary: [00:12:03] Or, as I like to say, an accounting firm with engineers. Blake Oliver: [00:12:06] Yeah.