AvidXchange

MARCH 3, 2021

However, thousands of companies still use overly complex manual accounts payable processes. Those facts are the key findings from IDC and PYMNTS.com surveys focused on the accounts payable (AP) market. Mistakes can happen more often, as you know, using spreadsheets than AP software.

Accounts Payable 40

Accounts Payable Accounts Payable AP Accounting 40

Nanonets

FEBRUARY 13, 2024

Whether you’re the captain of a startup ship or steering a more established enterprise, grappling with expenses is as inevitable as those awkward team-building exercises. But it's more than just rules and regulations. Encourage employee feedback to refine and enhance the policy.

Expense Reports 52

Expense Reports Record Keeping Budgeting Invoicing 52

AvidXchange

APRIL 14, 2021

Estimated reading time: 8 minutes As your business strives to meets its goals, you may be taking a closer look at ways to operate more efficiently. You could continue using manual accounts payable (AP) systems, or shift to automated AP systems. What are the differences between manual and automated accounts payable?

AP 40

AP General Ledger Purchase Order Data Entry 40

AvidXchange

MARCH 23, 2023

economy as a whole. At the same time, middle market companies deal with issues separate from those of other businesses. Rather than rolling out solutions ad hoc, technology investments should be part of a comprehensive plan. “You can almost look at it by function, right,” Farren said.

Collections 52

Collections AP Budgeting Accounts Payable 52

AvidXchange

NOVEMBER 22, 2017

In celebration of Turkey Day, we sat down with Valerie Vance, Accounts Payable Lead at Newland Communities, to talk about her experience with our AP and payment automation solutions and services. I’ve been here for a little over a year now, and if I ever have a question or an issue, they email me back almost immediately.

Invoicing 52

Invoicing Accounts Payable Accounts Payable Data Entry 52

AvidXchange

FEBRUARY 20, 2018

It often takes more than a month for companies to complete all tax forms correctly. Keep track of all payments and reconciliations on a regular schedule to avoid missed payments and deadlines. Payment organization paints a clear picture for tax preparation, including deductions and exemptions.

Tax 40

Tax Invoicing Accruals Computation 40

AvidXchange

SEPTEMBER 1, 2017

Electronic payments have emerged as one of the best ways to send money. Many businesses are choosing to use payment software because it is the easiest, cheapest, and most ideal payment method. Electronic payment systems on the other hand are much more efficient. What Is An Electronic Payment System?

Billing 52

Billing Deposits Invoicing Computation 52

AvidXchange

JANUARY 31, 2018

AvidXchange, a leading fintech provider of accounts payable and payment automation for midsize companies, has many customers in the nonprofit space. There are few better ways to lose the trust and therefore support of your constituents than mishandling their sensitive information. But don’t worry. Not convinced?

Accounts Payable 40

Accounts Payable Accounts Payable Accounting Accounting 40

AvidXchange

MARCH 1, 2024

Wondering, “What is AP automation?” Need an AP Automation 101 course? In this article we’re going back to basics, explaining what AP automation is, how it differs from manual AP processes and what benefits AP departments can expect from automating. No time to read? You’ve come to the right place. No problem.

AP 52

AP Accounts Payable Accounts Payable Purchase Order 52

Invoicera

APRIL 6, 2024

And we know you are having difficulty managing your accounts payable errors, but it is crucial to maintain a healthy financial system. Implementing these tips can significantly minimize errors and foster a smoother and more accurate accounts payable workflow. What are Accounts Payable?

Accounts Payable 52

Accounts Payable Accounts Payable Data Entry Invoicing 52

Invoicera

APRIL 19, 2024

Introduction As a lawyer or legal consultant, your entire day is spent on constantly brainstorming about your client’s legal issues, solutions and potential risks involved in their daily business activities. Automated Time Tracker You’re doing it all to earn money. The money that you’re losing right now?

Billing 52

Billing Invoicing AR Computation 52

AvidXchange

NOVEMBER 2, 2023

Interested in an innovative way to avoid late payments, invoice approval delays and inefficient, outdated processes? Accounts payable workflow automation can help. Read on to learn the benefits and steps needed to make accounts payable (AP) workflow automation a reality.

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

AvidXchange

MARCH 22, 2024

During the course of a year, certain periods can be stressful within accounting and finance departments, as teams are asked to keep up with their day-to-day responsibilities while taking on extra work. Just click below or stream the episode on your preferred podcast platform, including Spotify , Apple , iHeart and Pandora.

Accounting 52

Accounting Accounting AP Budgeting 52

Nanonets

AUGUST 1, 2023

The recent advancements in AI and ML have made invoice imaging software much more robust, enabling AP teams to automate some of the most tedious aspects of the accounts payable processes. The invoice imaging feature is now built into invoice automation tools. Now imagine having to process 600-800 invoices a month.

Accounts Payable 52

Accounts Payable Accounts Payable Invoicing AP 52

Nanonets

JANUARY 17, 2024

In essence, it's the art and science of making sure that every penny spent by your business not only counts but is accounted for. In this blog, we'll dive deep into the world of expense management and explore the following themes. This encompasses the crucial tasks of recording expenditures. Seems implausible, right?

Expense Reports 52

Expense Reports Budgeting Data Entry Auditing 52

AvidXchange

AUGUST 17, 2023

The AvidXchange Podcast Network just posted a new episode of its “Middle Market Report” program. In this episode, our Jarett Tran, senior account executive, Community Association Management, interviewed Maegan Woytek, a senior account executive at Vantaca. The more the technology can do, the more money savings you have.”

AP 52

AP Budgeting Accounts Payable Accounts Payable 52

AvidXchange

MARCH 23, 2023

Data analytics is an important and evolving piece of the accounts payable (AP) process. Greene and Perry recommend AvidAnalytics rather than home-grown tools that try to tie in disparate accounting systems. Greene reiterated that an analytics dashboard allows organizations to identify process elements that are slowing payments.

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

AvidXchange

MARCH 13, 2023

Overturf has steered financial operations within construction companies for more than 25 years. Overturf called these statistics, “more than concerning.” Construction labor shortages extend beyond the skilled trades to internal operations. That challenge is even more pronounced in finance and accounting departments.

Invoicing 52

Invoicing Purchase Order Billing Accounting 52

Nanonets

MAY 31, 2023

Automated invoice processing is the process of seamlessly extracting data from invoices entering your system and pushing it into your ERP so that processing a payment can be done in just a few clicks. This blog is a comprehensive overview of the latest technologies that can enable you to do that.

Invoice Processing 52

Invoice Processing Invoicing Data Entry AP 52

MineralTree

DECEMBER 29, 2022

In this blog, we explore the key issues and trends that CFOs must tackle, and offer practical advice on how to prepare for these challenges in order to capitalize on the opportunities of financial digital transformation. This includes automating processes and streamlining data collection, storage, and reporting.

AP 52

AP Accruals Financial Operations Financial Operations 52

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

FEBRUARY 20, 2024

Studies show that less than half of small businesses do profit planning each year. But this does not just happen on its own. These strategies can increase your chances of targeted profit by 42% or more within 1-2 years. This blog post will discuss: What Is Profit Planning? Did You Know? Let’s dive in.

Budgeting 52

Budgeting AR / AP Invoicing AR 52

AvidXchange

JUNE 11, 2021

Despite the benefits of accounts payable automation, plenty of companies haven’t made the investment. However, these companies (regardless of size) should take a closer look at how AP automation can facilitate long-term success. Allow us to explain: Does your company process 100 or more invoices each month?

AP 40

AP Data Entry Invoicing Accounts Payable 40

AvidXchange

FEBRUARY 11, 2022

Banks’ accounts payable (AP) departments are starting to look a lot different. We’re taking a look at the current state of AP in banks and how key financial services industry trends are predicted to impact the way they manage their invoicing and payments to better serve their business in 2022 and beyond. A lot of work.

Financial Services 52

Financial Services Accounts Payable Accounts Payable AP 52

AvidXchange

OCTOBER 11, 2022

So, as your business braces for a recession and starts to re-evaluate costs, you should ask yourself two questions: What can my accounts payable (AP) team do to impact the bottom line and prove itself as an asset that powers growth? How can my AP team leverage technology to perform efficiently in a hybrid/remote environment?

AP 52

AP Accounts Payable Accounts Payable Invoicing 52

AvidXchange

AUGUST 23, 2017

AP automation expert Rhonda Greene has been in the accounts payable world for more than 20 years in various roles and has witnessed the transition from paper-based processes to completely automated AP and payment processes firsthand. With automation, all the invoice images are available in the portal.

AP 40

AP Accruals Accounts Payable Accounts Payable 40

AvidXchange

JANUARY 15, 2021

If you’re reading this, there’s a good chance you believe your business might be suffering from outdated accounts payable processes. They recently estimated businesses in North America spend $187 billion per year on payment processing costs, with small businesses sacrificing $22 to pay a single invoice with a paper check.

AP 40

AP Data Entry Invoicing Accounts Payable 40

AvidXchange

JUNE 18, 2021

Finance departments for construction companies often run into maddening obstacles when manually processing invoices and payments. Synchronizing mounds of information and documents into their accounting systems is no easy feat. These problems slow payments and therefore strain relationships with customers, vendors and suppliers.

Accounts Payable 40

Accounts Payable Accounts Payable Invoicing Computation 40

Nanonets

DECEMBER 15, 2023

Sales teams are no longer just about making calls and closing deals. In this digital age, where customer behaviors and market dynamics are constantly shifting, mastering lead qualification is not just an advantage; it’s a necessity for survival and growth in sales. How does your product or service fit into their narrative?

Budgeting 52

Budgeting QuickBooks Invoicing Collections 52

Nanonets

DECEMBER 12, 2023

Introduction The world of sales is constantly evolving, and in this dynamic landscape, the ability to accurately identify and understand potential customers is more crucial than ever. This blog delves into the nuances of the BANT framework, a renowned method for lead qualification. Why is lead qualification important?

Budgeting 52

Budgeting QuickBooks Invoicing Purchase Order 52

Nanonets

DECEMBER 12, 2023

Introduction The world of sales is constantly evolving, and in this dynamic landscape, the ability to accurately identify and understand potential customers is more crucial than ever. This blog delves into the nuances of the BANT framework, a renowned method for lead qualification. Why is lead qualification important?

Budgeting 52

Budgeting QuickBooks Invoicing Purchase Order 52

Cloud Accounting Podcast

MARCH 21, 2020

Million of Stock After Reassuring Public About Coronavirus Preparedness 26:38 - Some webinars re: Food Service and Accounting During This Crisis Five Crisis Numbers for Food & Bev - YouTube Now What? Interested in sponsoring the Cloud Accounting Podcast? Need Accounting Conference Info?

Tax 40

Tax Billing Payroll Bookkeeping 40

Cloud Accounting Podcast

AUGUST 25, 2020

Interested in sponsoring the Cloud Accounting Podcast? DIAL (202) 695-1040 Need Accounting Conference Info? Stay tuned to hear more from our sponsor, AccountingSuite, later in the podcast. If you're serving small clients, you can increase your revenue 31% just by adding advisory services.

Accounting 40

Accounting Accounting QuickBooks Tax 40

Cloud Accounting Podcast

JUNE 1, 2020

Interested in sponsoring the Cloud Accounting Podcast? DIAL (202) 695-1040 Need Accounting Conference Info? Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes , or Podchaser. For details, read the prospectus , and NOW, you can see our smiling faces on Instagram !

Tax 40

Tax Billing QuickBooks Payroll 40

Cloud Accounting Podcast

APRIL 27, 2020

Expensify Community 55:24 - Art of Accounting: Deciding who to let go - Accounting Today Get in Touch Thanks for listening and for the great reviews! Interested in sponsoring the Cloud Accounting Podcast? For more information, go here: [link] Need Accounting Conference Info? We appreciate you! DIAL (202) 695-1040.

Tax 40

Tax Accounting Accounting Deposits 40