Xero

APRIL 16, 2023

With an ecosystem of more than 1,000 connected apps you can plug into Xero, they can help manage everything from automated invoicing and reporting, through to cash flow forecasting and financial services. It wraps together quoting, scheduling, invoicing, timesheets and you can even track jobs using GPS.

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Xero

NOVEMBER 15, 2022

Having long payment collection periods increases bad debts and can lead to cash flow challenges. That’s why tools for following up on invoices or having different ways to take payments are so important. GoCardless – Automatically debit your customer’s bank account when your Xero invoices are due with this bank-to-bank payment method.

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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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Nanonets

FEBRUARY 14, 2025

  We recently worked with one such provider who processed over 50,000 bills and invoices monthly for their clients. Let me take you through how the service provider implemented automated invoice processing and found a way to bulk-process bills and invoices without constantly adding more staff. Here's what happened: 1.

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Invoicera

NOVEMBER 21, 2024

There are multiple tasks, clients, and invoices to issue. And at times, invoicing becomes so tough manually! There are a number of invoicing software that could help you to save time and make the invoicing job easy. The right invoicing tool can help you manage invoicing, payment tracking, and payment collection easily.

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Gaviti

APRIL 22, 2025

Measurable: Establish criteria to track progress, like monitoring the percentage decrease in overdue invoices. Reduce Days Sales Outstanding (DSO): Objective: Decrease the average number of days it takes to collect payments, thereby improving cash flow. Prompt Invoicing: Issue invoices immediately upon delivery of goods or services.

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Xero

AUGUST 14, 2024

[Coming soon] Tap to Pay [US]: Early next year, in partnership with Stripe, small businesses will be able to create an invoice and accept payment on the spot using their mobile device – perfect for businesses that are out and about. Being able to make and collect payments without leaving Xero is a powerful tool for your clients.

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AP Association

APRIL 24, 2019

“E-invoicing? We use e-invoicing all the time, most of our invoices come through electronically” …… but is this a true e-invoice? In this blog we aim to dispel the myths around e-invoicing and explain why it should be on the roadmap for all businesses. What is an e-invoice?

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Invoicera

NOVEMBER 21, 2024

Running a fitness club takes a lot of effort, and handling invoices is no exception. Nowadays, digital solutions can simplify almost any business process—including invoicing. With the right gym invoicing software , you can automate billing, streamline payments, and improve the overall experience for you and your clients.

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Xero

JUNE 22, 2022

You can also use the New Proposal Editor to automatically collect deposits from new clients to minimise business risk and keep your cash flow in check. The deposit payment will be clearly stated on the proposal and invoice. So ensuring you have streamlined, transparent and automated processes around data entry and outputs is critical.

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oAppsNet

FEBRUARY 20, 2025

This growth underscores the increasing demand for intelligent automation solutions that eliminate human error and streamline collections. Key automation strategies include: AI-Powered Invoice Processing Automating invoice generation, delivery, and tracking to reduce delays and human oversight. over the next five years.

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Nanonets

MAY 10, 2023

Do you also have multiple tabs open while collecting data for analysis before an important meeting? Do you have to search multiple applications to find your file and copy-paste the data from the file into the master database? via GIPHY All of this can be handled by data entry software. What is data entry software?

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Gaviti

JANUARY 8, 2023

It adds an extra step to credit extension and A/R processes, but it saves organizations time they would otherwise spend hunting payments for invoices. How Prioritization Strategies Improve Collections Performance. Accounts Receivable teams can use prioritization strategies to increase the efficiency of their collections process.

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Nanonets

APRIL 24, 2025

This included capturing information from different document types, such as estimates, invoices, registration certificates, driving licenses, and more. The team began by tackling the most critical documents in the claims process: estimates, invoices, and pre-invoices.

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LedgerDocs

NOVEMBER 28, 2024

Managing bookkeeping documents can feel like an uphill battle, especially when it comes to collecting documents, receipts, invoices and bank statements from your clients. Let’s explore how this feature can transform your client document collection and management process.

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Nanonets

NOVEMBER 5, 2024

DocuClipper is an OCR-powered financial document processing tool that converts bank statements, credit card statements, invoices, receipts, and brokerage statements into Excel, CSV, or accounting software-ready formats. AutoEntry Automated data entry for accounting No Yes Ease of use, accounting integration SMBs, accounting firms 3.8

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Xero

SEPTEMBER 1, 2022

Sometimes, there’s a discrepancy between what is received from the bank and the amount on the customer’s bill or invoice. When you create a new tax return for your clients, the prior year return’s worksheet entries will now be rolled forward and automatically merged with pre-populated data from the IRD.

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Nanonets

DECEMBER 11, 2023

It's a scene all too common around tax season — the accounting team huddled in a room, heads down, manually entering data from stacks of invoices and receipts into spreadsheets. A Zapier survey showed that  76%  of employees spend up to 3 hours daily on data entry.  What is AI data entry?

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Compleatable

JANUARY 20, 2025

Purchase Invoice Management Software is increasingly becoming an essential tool for businesses aiming to streamline their purchasing and accounts payable processes. This removes the need for manual data entry and ensures more accurate and timely processing. See Types of Invoice Fraud.

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Compleatable

JANUARY 20, 2025

Purchase Invoice Management Software is increasingly becoming an essential tool for businesses aiming to streamline their purchasing and accounts payable processes. This removes the need for manual data entry and ensures more accurate and timely processing. See Types of Invoice Fraud.

QuickBooks 100

QuickBooks Invoicing Accounts Payable Accounts Payable 100

Intuit

AUGUST 30, 2024

Skills and duties Bookkeeping Data entry and accuracy: Bookkeepers are masters of accuracy, making sure all financial transactions are recorded correctly and consistently. This involves strong data entry skills and a keen eye for detail.

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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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Gaviti

JANUARY 20, 2025

How the Matching Principle Aligns with AR Automation Accounts receivable automation simplifies and streamlines the management of the status of invoices, making it easier to track payments, monitor customer interactions, and maintain cash flow. AR solutions provide detailed records of invoices, due dates, and payment statuses.

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LedgerDocs

FEBRUARY 25, 2025

Heres how you can streamline document collection, bookkeeping, and tax filing preparation: 1. Automate Document Collection with LedgerDocs Chasing down client receipts, invoices, and statements is one of the biggest bottlenecks during tax season. This will make tax filing much easier when the time comes. Try LedgerDocs today.

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Gaviti

DECEMBER 20, 2022

Doing so can simplify time-consuming tasks like posting invoices, recording payments, reconciling balances, and managing disputed invoices. The integration also enables two-way data synchronization to ensure exactly the same information is available on both systems. Faster Resolution of Disputed Invoices. Reduced Costs.

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Invoicera

JANUARY 19, 2025

With a number of invoices, pending payments, and a lot of reconciliations, it can really stress you more than anything else. Companies in this region have already begun to reap benefits with timely invoice processing, enhanced cash flow and reduced errors. In addition, manual data entry and human errors often create costly mistakes.

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Gaviti

MAY 8, 2025

Understanding AI-Powered Cash Application Cash application is the process of matching incoming payments to the appropriate customer invoices. In many organizations, this process is still manual, involving tedious data entry, invoice matching, and reconciliation.

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Remote Quality Bookkeeping

MAY 15, 2025

Relying on Manual Processes for Bookkeeping Tasks Manual data entry might seem manageable when youre just starting, but it quickly becomes inefficient and risky as your business grows. These tools save time and reduce the chances of overlooking a payment or duplicating an entry.

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Invoicera

NOVEMBER 8, 2024

A study by Atradius revealed that 48% of B2B invoices in the U.S. Data collected from PYMNTS shows that 90% of companies that have adopted AP automation claim to have saved up to five days in invoice processing. Manual Errors: Traditional AR and AP processes involve manual data entry, which is prone to human errors.

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Nanonets

NOVEMBER 23, 2024

  This integration simplifies reconciliation, reduces manual data entry , and ensures financial records are up-to-date and accurate.  Document support: Handles invoices, receipts, contracts, IDs, and more.   Features that matter Real-time processing: Instantly converts receipts and invoices into structured data.

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Nanonets

JUNE 19, 2023

Let's look at the 5 most popular ways in which businesses extract data from PDFs. Check out Nanonets' pre-trained data extraction AI for bank statements , invoices, receipts, passports, driver's licenses & or any tabular data! Nanonets data extractor in action!

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Nanonets

APRIL 18, 2024

Invoices are an essential part of this. Invoice creation and Invoice processing are critical steps in these processes. NetSuite's robust invoice management system offers a powerful solution to automate and streamline the invoicing process, boosting efficiency and improving your bottom line.

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Gaviti

JULY 25, 2024

It has also become more complicated as globalization, cross-border payments, and increase in the number of payment methods and channels have made it more challenging for organizations to match payments to invoices. Organizations can use AI to accurately predict which payments match the corresponding invoices and forecast payment patterns.

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Gaviti

APRIL 24, 2023

Using Legacy Systems That Create Data Silos Legacy systems typically involve several moving pieces that rarely interact. For example, AR teams might use one system for invoicing and another for inventory management, but those two systems do not speak to each other. They often involve tedious tasks, such as hours of data entry.

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Nanonets

FEBRUARY 21, 2024

Error-Prone Transactions : The human factor introduces a margin for error in data entry, leading to discrepancies that can cascade through financial reporting. In essence, while QuickBooks provides the foundation for solid financial management, the manual processing of invoices acts as a brake on potential efficiency gains.

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Nanonets

MAY 31, 2023

These tasks include data entry, invoice processing, and financial analysis for decision-making, operational planning, and risk management. Manual data entry implies there is a high potential for inaccuracies, as human errors can occur when transcribing numbers or processing large volumes of data.

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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. Also Check out Nanonets' pre-trained Invoice OCR or build your own custom Invoice management workflow.

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