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It's amazing to hear stories of how much efficiency and cost savings can be achieved through AP automation. But, leaders like Josh Kennedy will tell you that it's not as simple as picking a solution, turning it on, and saying goodbye to slow manual processing. Josh and his team underwent major changes to move from a manual AP process to a fully automated one with Ascend SmartTouch AP for Workday and they solved some significant business problems along the way.
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AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, today announced a renewed partnership with Vantaca , a leading accounting system designed specifically to meet the complex needs of community association managers, accounting teams, board members and homeowners. Initially formed in 2019 , AvidXchange and Vantaca’s strategic partnership serves customers and homeowner associations (HOAs) looking to transform the way they pay bills by
In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.
What should you do if you are working on a massive QuickBooks Online cleanup and you come across a mysterious balance in an account called Opening Balance Equity on the balance sheet? You probably won’t recall ever adding that account to QuickBooks Online, or categorizing any transactions to/from it. So what is it, and why is it showing up on your balance sheet?
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Jason King, a board member for the condominium community Trellis Fifth Avenue in San Diego, California, recently took a vacation. While on break in Mexico, three vendor invoices arrived. For all three, he simply clicked “approve” from his smartphone. On the beach. Sound like a cool way to do business? We agree. But there’s more to it. The vendors for this homeowners association (HOA) got paid faster because they didn’t have to wait for Jason to return from vacation.
Contact Professor Orpurt: [link] "Spruce Up Your Learning", Strategic Finance (January 2021): [link] Telling Ain't Training by Harold D. Stolovitch and Erica J. Keeps : [link] FULL EPISODE TRANSCRIPT Adam: (00:05) Hey everyone! Welcome back to Count Me In , IMA's podcast about all things affecting the accounting and finance world. I'm your host, Adam Larson and this is episode 125 of our series.
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Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.
You’ve probably heard about accounts payable (AP) automation solutions. But what’s most important for you to know about them now to help your business grow? We’re going to answer that timely question here. We’ll define what the latest solutions are, the most pressing problems they address and the cost savings they help deliver for finance teams. Table of Contents What are AP automation solutions?
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An excerpt from “The Autobiographical Account of the World’s Most Controversial Employee” You see, it’s a common misconception that the world’s most remarkable artists are painters or sculptors. But making art – being an artist – is nothing more than the act of capturing perfection. And so, there are artists in every walk of life. I consider myself such an artist.
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Back in 2016, Roger Rego faced a less-than-ideal situation as the finance director for Bridge Community Health Clinic , a health and dental care provider based in Wausau, Wisconsin. For any outgoing vendor check of $20,000 or more, he needed to get a signature from the treasurer of the clinic’s Board of Directors. But the treasurer had to drive across town to the main office to sign the checks.
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Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
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