2009, Computation and Data Entry - Financial Ops World

3 Biggest Myths about Accounts Payable Software and Services

AvidXchange

SEPTEMBER 29, 2021

Finance teams don’t have to buy and integrate expensive new hardware or computer servers. AP departments can take full advantage of the flexibility and efficiency benefits of cloud computing technology because it uses existing infrastructure. It’s a myth that this technology is difficult to install and use. Still not convinced?

Accounts Payable

Accounts Payable Accounts Payable AP Accounting

Preventing payment fraud and shadow spending

Nanonets

MAY 31, 2023

Satyam Computer Services , an Indian IT services company, faced a major financial shadow spend scandal in 2009. For example, as a result of PwC’s alleged involvement in the Satyam Computer Services scandal, the company was banned from auditing listed companies in India for two years.

Data Entry

Data Entry Auditing Computation Purchase Order

How to cut business expenses in a meaningful (and sustainable) way

Nanonets

MAY 31, 2023

This was evident during the 2008-2009 financial crisis, as shown in McKinsey’s survey above. Robotic Process Automation (RPA) and workflow management tools automate manual processes such as data entry, document processing, and invoice management.

Data Entry

Data Entry Invoicing Computation Collections

Financial Ops World

3 Biggest Myths about Accounts Payable Software and Services

Preventing payment fraud and shadow spending

How to cut business expenses in a meaningful (and sustainable) way

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