Accounting Tools

MAY 4, 2023

Which Activity Drivers to Use Few companies already compile information about activity volumes, so deciding to use a new activity driver for cost pool allocation purposes means that a business will have to create a new data collection system. In short, it is critical to use only the most cost-effective activity drivers.

Invoice Processing

Nanonets

SEPTEMBER 29, 2023

  Functional: Some of the key performance indicators may be associated with specific functions like accounting, finance, etc. Example: Accounting costs, Accounts payable turnover.  Why Are KPIs Important For Accounts Payable AP Teams?   Formula = Total Time Spent While Processing Invoices/ No.

Accounts Payable

AvidXchange

FEBRUARY 27, 2019

For these reasons, many companies are attempting to streamline their finance and accounting operations by adopting and integrating automated accounts payable tools and by restructuring their internal processes for a 21st-century business environment. of their organization’s annual revenue.

Accounts Payable