This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In any organization, the accountspayable (AP) department is responsible for handling and processing payments. What is Compliance in AccountsPayable? Compliance in accountspayable refers to the practice of following laws, regulations, and standards related to handling payments. Let’s take a closer look.
In preparation for the event, we sat down with panelist Bill Gilbert, Vice President and Corporate Controller of REDICO, to talk real estate, accountspayable automation , and best practices for year-end close. Bill : We’ve been AvidXchange customers since 2009, so we were an early adopter of accountspayable automation.
You may not expect mythology to have any relevance in the numbers-driven, here-and-now world of accountspayable software and services. More than 80 percent of organizations reported being targets of an attempted or actual payments fraud attack in 2020, the second highest percentage on record since 2009.
Nicholas Moussab is a sales professional who has spent more than ten years helping organizations optimize their accountspayable and payment processes. About Nick: Nicholas Moussab is a sales professional who has spent more than ten years helping organizations optimize their accountspayable and payment processes.
As a result, many finance departments are embracing automation to fill this gap, with a special focus on accountspayable as the top priority. CFOs must also determine ways to make their operations more efficient so teams can do more with less.
By 2003, their invoice approval software, AvidInvoice, was enabling companies to route invoices electronically and create intelligent workflows to automate their accountspayable processes. Headquartered in Houston, Texas, Strongroom has provided accountspayable software solutions to over 200 small and midsize businesses since 2007.
AvidXchange is known for software that automates the accountspayable process. Now, I’ve spent 22 years in this space and had over 8000 conversations with accountspayable departments, and I’ve written eight books on the accountspayable process. I joined AvidXchange in 2009.
By using Bill.com, accounting firms can free up more time for valuable strategic advisory services by helping clients shift their accountspayable process online. Stay tuned to hear more from our sponsor, Bill.com, later in the episode. __ This episode of The Cloud Accounting Podcast is sponsored by Justworks.
One of the quotes was from Steven Horowitz, the CFO at CareCentrix, and he said, "The only time finance staff had to go to the office, was to scan physical mail and bills into their smartphones to process accountspayable." Isn't that amazing? That's the only time. So, you guys are doing good work. It's very, very timely.
We organize all of the trending information in your field so you don't have to. Join 52,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content