article thumbnail

What You Should Know Before You Invest in AP and Payment Automation

AvidXchange

I’ve also seen companies decide to automate because they are dealing with compliance issues or having challenges providing invoices for an audit. He joined AvidXchange in 2011 as Manager of Corporate Sales where his career continues to flourish, and where he now serves as the Director of Corporate Sales.

AP 52
article thumbnail

Accounting Websites: 43 Examples for Modern Firms

Future Firm

MBS Accountancy Since 2011, MBS Accountancy has served U.S. Perkins & Co Perkins & Co is a Portland-based accounting firm with CPAs, advisors, and finance specialists that deliver comprehensive tax, audit, and consulting services. businesses and nonprofits with bookkeeping, tax advisory, and strategic controller/CFO services.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The neXt Era: The Past is Prologue

AvidXchange

In 2011, AvidXchange formed a new Energy Information Services (EIS) group, delivered by EnergySolve. Located in Somerset, NJ, EnergySolve provides electronic utility bill capture, auditing, late fee avoidance, and bill payment services to generate significant energy-related cost savings to their customers.

article thumbnail

Preventing payment fraud and shadow spending

Nanonets

billion in 2011 to $32.39 Companies may also incur expenses related to potential restitution, program reviews, audits, and retrofitting or redesigning of processes and systems. Conduct Regular Audits: Perform regular internal and external audits to assess the effectiveness of internal controls and identify potential weaknesses.

article thumbnail

Stay Tax-Savvy: Regional Invoicing Rules Explained

Invoicera

Moreover, proper invoicing practices are highly crucial during tax audits. Discrepancies can trigger further scrutiny, penalties, or audits, which will only cost your business dearly. It’s a high necessity for financial auditing, legal verification, and historical analysis. That includes paper, electronic, or both versions.

article thumbnail

Top FinTech Trends for 2018

AvidXchange

A lot has happened in the blockchain world since its launch in 2011, and this year its growth is proof that 2018 may be the biggest blockchain and bitcoin year yet. Predictions are that more industries will accept blockchain and reap benefits of easy access, auditing, and approving by all users. annually through 2021.

article thumbnail

Ep. 116: Dr. Ahmed Yamen - Is Digitalization the beginning of the end for Financial Crime?

IMA's Count Me

And also, the tax evasion, if we look for another continuing of the financial crime like tax evasion for example, we will find that in Europe, for example, it was estimated in 2011 that 860 billion annually is evaded. He was awarded his PhD in Accounting from Ain Shams University (Cairo, Egypt) in 2011.

Tax 40