Counto

NOVEMBER 3, 2024

Purchase Order vs. Invoice: A Comprehensive Guide for SMEs in Singapore Navigating the world of procurement and finance can be quite the challenge for small and medium enterprises (SMEs) in Singapore. Among the essential tools at your disposal are purchase orders (POs) and invoices. Understanding Purchase Orders and Invoices 1.1

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Counto

NOVEMBER 2, 2024

Effective Management of Large Numbers of Invoices for Singapore SMEs Managing a high volume of invoices can be a daunting task for small and medium enterprises (SMEs) in Singapore. However, with the right strategies and tools, businesses can streamline their invoicing processes and improve efficiency.

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Trade Credit & Liquidity Management

MAY 29, 2025

With over 100 countries mandating its use, e-invoicing has transformed billing practices worldwide. Initially seen as a simple cost-saving measure, such as emailing PDF invoices, e-invoicing has evolved into a sophisticated system requiring structured data formats and strict tax compliance.

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Gaviti

NOVEMBER 21, 2024

Taking a Reactive Approach to Accounts Receivables When A/R teams respond to issues only after invoices go unpaid for a long time, it creates unnecessary stress and delays. Reach out to customers as soon as an invoice is late, send reminders well in advance, and automate cash application and ERP integration for seamless A/R management.

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oAppsNet

JANUARY 2, 2025

One of the most critical aspects of economic vitality is efficiently managing the invoice-to-cash (I2C) process. This process encompasses everything from issuing invoices to receiving payments and directly influences cash flow, profitability, and overall business performance.

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Invoicera

NOVEMBER 26, 2024

Let’s be honest: invoicing can be a headache. So why does invoicing have to be such a stressful process? Welcome custom invoicing software , which solves all your billing troubles. Are you feeling ready to leave stress behind and level up your invoicing experience? Top 10 Custom Invoicing Software Picks 1.

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Nanonets

MAY 28, 2025

Instead of navigating menus and forms, you can simply message JAX through WhatsApp or email to create invoices, check cash flow, or handle bills. When you need to generate an invoice, rather than opening Xero and navigating through menus, you can simply message JAX through WhatsApp or email with your request.

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Counto

APRIL 20, 2025

From Invoice to Payment: How Counto BillPay Streamlines Your Entire Accounts Payable Workflow Managing reimbursements, bills, and supplier payments shouldn’t slow your business down. From capturing invoice details to securing final approvals and making payments, every step is intelligently streamlined. What Is Counto BillPay?

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Accounting Today

JUNE 5, 2025

You can read more about the program in my first article: Addressing the accounting talent shortage through hands-on education. Walking through the actual processes of how a business operates — how invoices and bills are created, how the AP and AR cycle functions — has been one of the most impactful components of the program.

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Xero

MAY 23, 2023

In this article we’ll cover four tips for staying ahead of the curve this summer so you can make the most of the season. Tip 1: Streamline your invoicing process The best way to gain control over your payments influx is to make sure you have a proper system in place to manage them.

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Compleatable

MARCH 27, 2025

This article explores the core features of Ariett and demonstrates how Compleat Software delivers equivalent or superior capabilities, ensuring a seamless transition for businesses aiming to optimize their financial processes. Compleat’s duplicate invoice checking and supplier bank validation features enhance accuracy and security.

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Xero

JUNE 25, 2025

New widgets, including task list, recently paid invoices and net profit and loss, give you critical financial information, immediately visible and actionable from your homepage so you can manage your business more confidently. We’re updating all our education materials, including YouTube videos and Xero Central articles.

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Nanonets

JULY 14, 2023

This post is mostly going to focus on invoice OCR and invoice information extraction using OCR and deep learning. We will also touch upon what is wrong with the current state of invoice recognition OCR and information extraction in invoice processing. Want to automate invoice processing ? Why digitize invoices?

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Invoicera

FEBRUARY 14, 2025

Finding yourself asking, like many others, “What’s the best invoicing software for independent contractors?” We will start by explaining how invoicing software can benefit contracting companies and what it entails for the construction industry. Why Do Contractors Need Smart Invoicing Solutions?

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Fidesic blog

FEBRUARY 24, 2023

In this article we will discuss Microsoft Dynamics GP AP workflow capabilities, when to use them, how to use them and alternatives for best results.

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Xero

AUGUST 22, 2023

Short-term cash flow in Xero Analytics Plus now includes predictions for recurring invoice and bill payments, giving small businesses a clearer picture of their potential future cash flow. Businesses can choose to include future invoice and bill payments, collectively or individually, within their cash flow forecast.

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Xero

NOVEMBER 30, 2022

The invoice list in the Xero Accounting app (Android only) is being refreshed, making it easier for you to view and find information about your business. New customers default to new invoicing — Global. We’ve started to make new invoicing the default experience for new Xero customers. Get help within Xero — Global.

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Xero

JUNE 12, 2024

You’ll be able to Just Ask Xero to complete tasks such as generating an invoice or editing a quote right from the apps and devices you commonly use. You won’t have to open up Xero to complete tasks like generating an invoice – just send an instruction to JAX via text message, WhatsApp message or email.

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Xero

JANUARY 12, 2023

The latter is a perfect solution for clients on yearly manual records, while our cashbook product is designed for clients who use spreadsheets and don’t need invoicing. Our support strategy is content-led, which means we try to answer your questions proactively through articles, serving up content with instant answers.

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Accounting Tools

OCTOBER 6, 2023

Related Courses Bookkeeping Guidebook New Controller Guidebook Payables Management What is an Invoice? An invoice is a document submitted to a customer , identifying a transaction for which the customer owes payment to the issuer. Related Articles PDF Invoices (podcast) The Proper Invoice Structure The Statement of Account

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oAppsNet

NOVEMBER 1, 2024

This article will explore the essential standards your AR team should embrace to streamline workflows, improve customer relationships, and optimize cash flow. Clear, Consistent Invoicing Accurate and timely invoicing is the foundation of a vital AR process. But what separates an average AR team from a high-performing one?

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Gaviti

MARCH 5, 2025

This article examines the rising threat of fraudulent activities targeting accounts receivable, the necessity of a robust fraud prevention strategy, common fraud schemes that businesses must be aware of, and actionable steps on how to prevent accounts receivable fraud in 2025.

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oAppsNet

DECEMBER 10, 2024

In this article, we’ll explore the most common methods of accounts payable fraud, the warning signs to watch for, and how to protect your business against these types of fraud. In vendor fraud, a fraudster may set up a fake vendor account to submit fraudulent invoices.

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Gaviti

MAY 8, 2025

In this article, we will explain AI-powered cash application software and AI-Powered cash application processes highlighting its features, benefits, implementation challenges, and how it stands out as the best AI cash application software choice for forward-thinking B2B organizations.

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Accounting Today

JUNE 16, 2025

This ensures that documents such as invoices or budget approvals progress seamlessly. Emily Shaw Founder, DocFly For reprint and licensing requests for this article, click here. Automate document routing and approval chains: Replacing manual steps with automated workflows improves accuracy and speeds up approvals.

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Trade Credit & Liquidity Management

JUNE 23, 2025

While it's tempting to assume that slow payments are solely a customer-side problem, many of the most common causes originate within your own operations: inaccurate invoices, format mismatches with accounts payable (AP) systems, outdated payment options, and overly liberal credit policies. Use escalating tone and cadence to reflect urgency.

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oAppsNet

NOVEMBER 12, 2024

This article will explore accounts payable fraud, its different forms, and how to spot it before it causes severe damage. It could be an inside job—an employee creating fake vendor accounts—or an external scammer submitting phony invoices. Invoice Fraud Invoice fraud is one of the most widespread forms of accounts payable fraud.

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oAppsNet

DECEMBER 31, 2024

This article will explore the typical red flags of AP fraud and provide actionable strategies to help organizations mitigate this risk. This can involve unauthorized payments, false invoices, duplicate payments, or kickbacks. Fraudsters may create fake vendors to submit false invoices and siphon funds.

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AvidXchange

JANUARY 10, 2025

AP Automation ROI Calculator Monthly Invoices Processed Select 100 - 250 251 - 500 501 - 750 751 - 1500 1501 - 2500 2501 - 3900 3901 - 5000 5001 - 7000 7001 - 9000 9001 - 10000 CALCULATE Potential Savings Amount * Potential Savings vs Current Spend * * Savings based on potential materials and labor cost reductions.

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The Institute of Financial Operations

APRIL 1, 2022

How many invoices do you process per annum? This provides you with the number of invoices processed per FTE per annum. According to analysts, high performing AP departments outperform all others and process 27,097 invoices per FTE, per annum (APQC). This could skew your results and thinking.

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Counto

NOVEMBER 14, 2024

Seamless Tracking for Your Essential Documents Imagine this: you’ve just uploaded a batch of invoices, some requiring special handling. With live tracking, you’ll see the progress of invoices, bank statements, and more as they move through each stage of processing. Let’s say payments to Caesar Inc. No more guesswork, no more waiting.

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Accounting Accounting Corporation Tax Invoicing 52

Counto

FEBRUARY 19, 2025

Scammers are becoming more sophisticated, using phishing emails, fake invoices, and unauthorised transactions to exploit vulnerabilities in payment processes. Invoice Fraud Fraudsters create fake invoices that appear legitimate and send them to businesses for payment. Common Types of Bill Payment Fraud 1. Learn more here.

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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. Better Collaboration An IBM article notes that without APIs, data silos might exist between departments. Why Use Accounting APIs?

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oAppsNet

DECEMBER 17, 2024

In this article, well guide you through the steps to conduct an effective AP audit, discuss best practices, and highlight key areas to focus on. Gather Relevant Documents Collect all the necessary documents required for the audit, including vendor invoices, purchase orders, payment records, contracts, and approval documents.

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Gaviti

APRIL 22, 2025

This article talks about the significance of SMART goals in A/R, outlines the top A/R objectives for 2025, explores essential technologies driving business accounts receivable transformation, and examines how automation is reshaping A/R teams. Prompt Invoicing: Issue invoices immediately upon delivery of goods or services.

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Gaviti

JANUARY 20, 2025

This article dives into the intricacies of the matching principle and explores best practices for integrating it with A/R automation tools for optimal financial accuracy. AR solutions provide detailed records of invoices, due dates, and payment statuses. Revenue is recognized accurately when earned and Associated costs (e.g.,

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AP Association

AUGUST 25, 2022

Missing invoices The most common issue with accounts payable is that many people forget or miss an invoice. This can happen for various reasons, such as not having a system to track invoices or simply being forgetful. Once you have a system in place, review it regularly to ensure that all invoices are accounted for.

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