Nanonets

DECEMBER 26, 2024

Instead of grappling with manual invoice processing, businesses can rely on solutions like Nanonets to automate tasks like: Optical Character Recognition (OCR) to extract data from invoices. Automating invoice approvals to streamline workflows. Improved compliance and reduced risks of duplicate or late payments.

AP

Gaviti

DECEMBER 5, 2024

Many businesses can significantly improve their cash flow by implementing more effective strategies for collections, including adopting more strategic approaches to accelerate B2B payment of invoices. Some businesses wait until close to the due date to send invoices and some even wait until the invoices are actually due!

Collections

Gaviti

DECEMBER 18, 2024

Gaviti Gavitis autonomous A/R invoice-to-cash management solution delivers real-time reporting and analytics that includes reliable forecasting, individual and team A/R performance, and the ability to customize these reports according to the exact persona. Here is a list of your top software choices: 1.

Accounts Receivable

oAppsNet

OCTOBER 29, 2024

Many companies struggle to reconcile incoming payments, match them to the correct customer accounts, and ensure everything is accounted for in real-time. Cash application is the process of matching incoming payments to the correct customer accounts and invoices. The result? If any of these sound familiar, you’re not alone.

Data Entry

Gaviti

MARCH 5, 2025

Fraudsters are no longer relying on rudimentary methods; instead, they use advanced techniques such as social engineering, phishing, and malware attacks to manipulate invoice processes and divert payments. In this scenario, fraudsters either create fake invoices or manipulate legitimate ones to divert payments.

Accounts Receivable

Accounting Today

JULY 18, 2025

Users can accept contactless cards and digital wallets; and automatically reconcile payments in Sage Accounting. They no longer need additional card readers or payment terminals; and can access secure and compliant processing, powered by Stripe. Tax services solutions provider Ryan launched an integration with Concur Expense.

Corporation Tax

Gaviti

NOVEMBER 24, 2024

The sooner your business collects on its invoices, the lower your financial risks and the better your financial position. Make it easy for customers to pay invoices. Offer a range of payment methods and, if available, a link to your customer payment portal from the invoice itself.

Collections

Counto

FEBRUARY 22, 2025

Regularly Reconcile Transactions Reconciling sales data with bank statements and payment processors prevents discrepancies. Steps include: Matching invoices with actual deposits Reviewing transaction reports for inconsistencies Ensuring marketplace fees and commissions are properly recorded 6.

Reconciling

Counto

DECEMBER 16, 2024

Ensures you stay on top of critical tasks like reconciling accounts or submitting documents for compliance. Managing Financial Communication with Clients or Vendors Clear communication with clients and vendors is crucial when discussing invoices, payments, or contracts. What should I focus on first based on deadlines and importance?

Financial Reporting

Analytix Finance & Accounting

MAY 7, 2025

Picture this: You send an invoice to a client in December, but they don’t pay until January. Remember that invoice you sent in December that wasn’t paid until January? This direct connection means you always know exactly where you stand cash-wise – no reconciling or additional reports needed.

Accruals

Gaviti

JULY 27, 2025

Short payments, where a customer pays less than the stated invoiced amount, can disrupt your cash flow, cause reconciliation headaches, and strain business relationships. Short payments, also known as short pays, occur when a customer remits less than the invoiced amount. What Are Short Payments and Why Do They Happen?

Invoicing

AvidXchange

NOVEMBER 15, 2024

ePayments also help reduce the costs associated with handling, storing, and reconciling paper checks. Build Strong Customer Relationships : Regular communication and good relationships can make it easier to follow up on unpaid invoices. Cost-Savings According to Mastercard , ePayments via v irtual cards can drive cost savings of $0.50

Deposits

oAppsNet

NOVEMBER 7, 2024

Duplicate Payments or Invoices Duplicate invoices are one of the most common red flags for AP fraud. Fraudsters often exploit this by submitting a fake invoice that mirrors a legitimate one or re-submitting the same invoice more than once. Implement automated tools to flag duplicate invoices before they are processed.

Accounts Payable

Remote Quality Bookkeeping

MAY 15, 2025

Technology has made it easier to track, categorize, and reconcile financial activity with far less effortand far fewer errors. For example, many platforms allow you to upload documents in bulk or sync directly with your bank and vendors rather than entering bills or invoices one at a time.

Small Business Bookkeeping

CapActix

MARCH 12, 2025

With automated reconciliation, your ecommerce accounting services will reconcile sales, bank deposits, and expenses across Shopify, Etsy, eBay, and other channels so that every dollar is accounted for. No more lying awake at night worrying that payments are missing or that there are duplicate postings.

Accounting

Nanonets

MAY 28, 2025

We are forced to manually enter data, reconcile transactions, and sift through files trying to locate financial information we need.  Instead of navigating menus and forms, you can simply message JAX through WhatsApp or email to create invoices, check cash flow, or handle bills. Accounting work has always been tedious.

XERO

AvidXchange

NOVEMBER 13, 2024

In addition to delivering detailed reporting on spending broken out by client or campaign, spend management software may integrate with other tools that can help advertising agencies streamline accounts payable (AP) tasks like issuing payments and reconciling invoices.

Budgeting

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.

AR

Nanonets

NOVEMBER 11, 2024

Billing and Revenue Recognition : The finalized order in NetSuite generates an invoice, updates revenue records, and initiates billing for the customer. Head over to Nanonets right now and try it out on your own invoices or POs! ⚠️ What are the symptoms of needing a Salesforce and NetSuite integration?

Data Entry

Remote Quality Bookkeeping

APRIL 14, 2025

However, it may not reflect outstanding invoices or upcoming expenses, which can lead to an incomplete picture of your financial health. Reconciling Bank and Credit Card Statements: Comparing your internal records to your bank and credit card statements to ensure all transactions match. Timely collections improve your cash flow.

Bookkeeping

Counto

DECEMBER 7, 2024

Not Reconciling Accounts Payable and Receivable Why This Happens: In the rush of running a business, SMEs in Singapore often overlook regular reconciliation, leading to discrepancies that can affect cash flow. Example: Bens construction company in Singapore didnt track overdue invoices, leading to cash shortages just before payroll.

Financial Statements

Compleatable

JULY 9, 2025

Time-Draining Manual Processes Every finance team knows the pain of tracking down approvals, chasing invoices, or reconciling purchases across different systems. Ten schools ordering separately won’t get the same deal as one trust ordering as a single entity, whether it’s for IT, cleaning supplies, or even catering.

Purchase Order

AvidXchange

DECEMBER 20, 2024

Simplified Reconciliation Automated systems can provide timely reporting and visibility into supplier payments, making it easier to reconcile accounts during tax season. Audit Preparation AP automation can offer a digital audit trail of payments, providing easy access to records in case of an audit.

AP

Intuit

JULY 2, 2025

From categorizing expenses to reconciling accounts and forecasting trends, artificial intelligence does the heavy lifting at scale and without human error. Snap photos of receipts , check balances, send invoices, or approve expenses—all from your phone. Apps keep accountants and small business owners connected from anywhere.

Accounting

Counto

FEBRUARY 19, 2025

Scammers are becoming more sophisticated, using phishing emails, fake invoices, and unauthorised transactions to exploit vulnerabilities in payment processes. Invoice Fraud Fraudsters create fake invoices that appear legitimate and send them to businesses for payment. Reconcile accounts promptly to identify discrepancies.

Billing

Jetpack Workflow

DECEMBER 4, 2024

Reconciling Accounts AI tools can help accountants work more efficiently. Otherwise, you may be able to enter expense data into an AI model directly with some context and explanations for your expense categories to automate classification and generate expense reports more quickly.

General Ledger

Gaviti

JUNE 11, 2025

Automated Payment Reminders and Workflows Gaviti automates follow-ups based on customer behavior, invoice status, and due dates. Centralized Cash Application By supporting the automated cash application process , Gaviti eliminates the tedious work of matching payments with invoices. Want to learn more?

AR

oAppsNet

APRIL 15, 2025

Between juggling purchase orders, invoices, vendor agreements, and payment terms, its too easy for costly errors to slip through the cracks. This can stem from a mismatch between the purchase order, invoice, or cost table, and its hazardous because the error often goes unnoticed until a formal audit is conducted.

AP

Jetpack Workflow

JUNE 19, 2025

Reconciling banks and credit cards each month. Processing accounts receivable including sending out invoices and statements as needed. Services included This should detail all services included in the accounting or bookkeeping engagement. Classifying all transactions according to your business needs. Grossing up payroll transactions.

Bookkeeping

Gaviti

FEBRUARY 2, 2025

The Connection Between the Operating Cycle and AR Managing full cycle accounts receivable effectively means more than just sending invoices and waiting for payments. Leveraging technology to streamline invoicing and payment processes. Ensuring invoices are accurate and delivered promptly to avoid payment delays.

Accounts Receivable

Gaviti

JANUARY 26, 2025

As you grow, managing invoices, histories, collections, and customer communication in general becomes increasingly unsustainable. Customers can pay invoices online instantly, anytime it is convenient for them reducing delays caused by manual processes. Payment portals are a critical component of scaling your business effectively.

Accounts Receivable

Remote Quality Bookkeeping

JULY 15, 2025

Warning Signs: Altered Invoices or Duplicate Payments Fraud can appear in financial documents that seem off at first glance. Altered invoices, duplicate payments, or unusual entries often signal deeper problems. Check vendor details, confirm payment history, and reconcile all accounts carefully.

Financial Records

Outsourced Bookeeping

JULY 8, 2025

You can generate reports by property, set up class tracking, automate rent reminders, and reconcile transactions quickly. You can even use recurring invoices to automate monthly rent billing. Step 5: Reconcile Accounts Monthly Bank reconciliation is one of the most important steps in QuickBooks for real estate.

QuickBooks

Nanonets

NOVEMBER 19, 2024

Ultimately with SuiteScripts, you can automate a lot of operations around processes like: Sales Orders Purchase Orders Invoices Sending out Automated Emails Approvals Alerts How Does SuiteScript Operate? 🔄 Scheduling nightly tasks to reconcile data across departments. Some Other Practical Use Cases 1.

Purchase Order

Remote Quality Bookkeeping

JUNE 15, 2025

When cash coming in isn’t enough to cover payroll, rent, loan payments, or supplier invoices, it points to deeper operational or revenue issues. Ignoring discrepancies, failing to reconcile accounts, or simply not reviewing reports regularly can hide mounting liabilities or unpaid obligations.

Bookkeeping

CapActix

MAY 16, 2025

That includes your bank accounts, payroll software, point-of-sale system, and even invoicing platforms. You can view income, expenses, unpaid invoices, and forecasts without digging through reports. It reduces time spent on low-value tasks like categorizing transactions, reconciling statements, or generating standard reports.

Accounting Software

Outsourced Bookeeping

JULY 24, 2025

It handles rent invoicing, expense tracking, lease updates, and tenant communication. No delays in reconciling accounts. So, instead of managing paperwork, you manage results. What Property Management Software Actually Does At the core, property management software is designed to centralise tasks. No switching between platforms.

Accounting Software