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Accounts Payable Olympics: Can Your AP Team Take Gold in These 8 Events?

AvidXchange

Time-honored and paper-averse, AP automation now shines like a world-class championship athlete in virtually every event AP department across the globe unknowingly competes in every day. What are these events, you ask? Think of AP automation as an Olympic sprinting event: quick, exhilarating and done with. Let us explain.

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Zapier + QuickBooks: Accounting automation workflow ideas

Nanonets

The possibilities are endless once you set up the triggers and events, and the data flows seamlessly between different platforms. Expense reporting Simplify and streamline your expense reporting process by automating expense collection, categorization, and submission.

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Understanding the Accounts Receivable Process: Step-by-Step

Billing Platform

At a high level, this process is accomplished through invoicing and collections, and includes sending the invoice, managing collections, processing payments, matching payments to invoices, and posting the payments. If the internal review of the invoice checks out, the collections outreach begins.

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Choosing The Best Online Invoice Generator: A Comprehensive Comparison Guide

Invoicera

Create Quotes and Purchase Orders: Produce attractive professional quotes to prospective clients and take orders from vendors. Additional features allow refund processing, tip collection, and tax/discount application.

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Understanding the Benefits of Integrated Online Buying

Compleatable

The first step is to provide finance with total visibility and control before the shopping purchase is made, during the transaction processes and historically after the event, maintaining a full digital audit trial of every step. Almost all shipment errors are created when a customer’s order has to be keyed into their systems.

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Why workflow automation is crucial for your business

Nanonets

Once the workflow is defined, it can be triggered manually or automatically based on predefined conditions or events. Approval Workflow Automation: Approval workflows automate the approval process for various requests, such as expense approvals, purchase orders, or document sign-offs. Below are a few examples.

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Automated order processing: Boost efficiency

Nanonets

With live status, automated notifications, and reminders, approvers can stay on top of pending tasks, thereby reducing the time it takes to move orders to the next stage. Inventory check and purchase order creation: The automated system will confirm if the inventory levels are sufficient to fulfill the order.