AvidXchange

AUGUST 9, 2018

Best-in-class construction companies are at the forefront of the technology revolution and are poised to see significant improvements in 2019. Accounts payable automation is just one of the technology trends saving the construction industry with improved payment visibility and mobility without additional labor.

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

AvidXchange

JULY 21, 2021

As a controller or accounts payable (AP) manager, you can use more than a dozen key accounts payable performance indicators (KPIs) to track the performance of your AP systems. What are Accounts Payable Metrics? We’re going to dive in to these three accounts payable KPIs in more detail.

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Accounts Payable Accounts Payable AP Invoicing 52

AvidXchange

AUGUST 23, 2022

Daniel Miracola with Central Presbyterian Church shares how AvidXchange helped to automate their accounts payable process, allowing them to scale while reinvesting their savings back into the church. Download our eBook to learn how one finance director implemented purpose-built fund accounting technology designed for nonprofits.

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

AvidXchange

JANUARY 6, 2025

A UConn Business study recently found that online giving has grown 42% since 2019 and mobile giving via smartphones accounted for 28% of donations in 2021. Eighty-four percent said they have an SSL certificate installed on their website (up 14 points since 2019).

Financial Software 59

Financial Software Budgeting Accounting Accounting 59

AvidXchange

OCTOBER 12, 2018

With plans for profits and portfolios taking shape for 2019, there are a few resources your property management company needs to improve efficiency, relationships, and spend. Seamless data integration eases the accounts payable process with paper-free centralization. million new households. Schedule a demo today !

Budgeting 40

Budgeting AP Accounts Payable Accounts Payable 40

AvidXchange

FEBRUARY 19, 2021

Your business may believe it’s time to consider shifting to an automated and paperless accounts payable (AP) process. Why should I consider moving to paperless accounts payable? Paperless accounts payable enables employees to leverage remote, no-touch invoice and payment capabilities.

Accounts Payable 40

Accounts Payable Accounts Payable AP Accounting 40

AvidXchange

FEBRUARY 9, 2022

The pandemic fundamentally shook accounts payable (AP) departments in real estate — forcing remote work and, in turn, accelerating the adoption of AP automation. With rising material costs and rent payments, for instance, down 2 percent on average compared to 2019, cash has taken on newfound importance.

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

AvidXchange

OCTOBER 13, 2020

When you dive deep into all that’s going on the accounts payable (AP) market, you find out pretty quickly that integrating AP, accounting softwares and enterprise resource planning (ERP) systems is a major technological challenge. 83 days for construction companies to receive payments Why is this so?

Accounts Payable 40

Accounts Payable Accounts Payable Billing Invoicing 40

Oversight

AUGUST 30, 2021

Over the past 12 months, we have seen a dramatic rise in problem transactions (44% of Accounts Payable have been identified as problematic). Since 2019, cash leakage has risen over $8 Million which causes the cost of recovery to increase.

Accounts Payable 52

Accounts Payable Accounts Payable Accounting Accounting 52

CAAPS

JULY 6, 2020

Based on a Report from the ACCC False billing topped the list of reported frauds affecting business in 2019. Staff members may have had their email accounts hacked. Accounts Payable staff can be particularly vulnerable to email hacks as they have access to your financial software, and they facilitate payments.

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Billing Accounts Payable Accounts Payable Invoicing 52

Nanonets

OCTOBER 28, 2024

Introduction to the NetSuite REST API The NetSuite REST API, released in 2019, aims to overcome the complexities of older integration methods like SOAP by offering a more streamlined, JSON-based interface. Expense Reporting : Field employees can submit expenses via mobile, and the app can sync data with NetSuite’s financial module.

Purchase Order 52

Purchase Order AP Invoicing Accounts Payable 52

Compleatable

AUGUST 11, 2023

In 2019, a man pleaded guilty to single-handedly scamming the tech giants out of no less than $100 million over the course of several years. Compleat Software – Accounts Payable Automation Every invoice received in Compleat from a new or unrecognised supplier must be onboarded correctly. How did he do it?

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AP Invoicing Purchase Order Accounts Payable 100

Accounting Tools

JUNE 20, 2023

Note: The lease accounting noted in this article changed with the release of Accounting Standards Update 2016-02, which is now in effect. Consequently, the following discussion only applies to lease accounting prior to 2019. See the Accounting for Leases course for the latest information about lease accounting.

Accounting 75

Accounting Accounting Accounts Payable Accounts Payable 75

AvidXchange

MAY 27, 2021

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.

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AP Purchase Order Accounts Payable Accounts Payable 52

Compleatable

AUGUST 11, 2023

In 2019, a man pleaded guilty to single-handedly scamming the tech giants out of no less than $100 million over the course of several years. With the strictest measures in place to combat invoice fraud, the most diligent businesses still fall prey to fraudsters. Even Facebook and Google aren’t immune. How did he do it?

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AP Invoicing Purchase Order Billing 100

AvidXchange

MARCH 28, 2023

Recently, CS Waste was invited to enroll in a new portal for suppliers, like herself, within the AvidPay Network.

AR 52

AR Account Receivables Accounts Receivable Accounts Receivable 52

AvidXchange

APRIL 18, 2023

Additionally, accounts payable (AP) automation software can help nonprofit financial departments map each donation’s journey through the business, easily generating reports for donors and board members. According to the Global Business Travel Association , in-person event costs rose 25% between 2019 and 2022.

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AP Financial Operations Financial Operations Accounts Payable 52

AvidXchange

DECEMBER 14, 2020

Erin Jaskiewicz, the accounts payable (AP) manager with Campus Apartments , was aware of the problems in her department that were preventing her company from achieving its growth goals. Jaskiewicz also recognized their Entrata accounting system could be enhanced to handle the AP processing demands that her company faced.

AP 52

AP Accounts Payable Accounts Payable Deposits 52

AvidXchange

JUNE 23, 2022

Intrigued with the idea of a paperless office, Sorrells began researching automated accounts payable (AP) solutions. “When I do find someone, turnover is high, so I waste endless time training people to do the job only to lose them and have to turn my attention to finding replacements.”

AP 52

AP Invoicing Invoice Processing Data Entry 52

AvidXchange

SEPTEMBER 9, 2022

According to 2019 Engineering and Construction Industry Outlook, companies who invest in digital innovation and embrace the support technology provides gain a clear competitive advantage over those who resist. Automated construction workflows help firms avoid expensive work redos, cut costs and mitigate project risks.

AP 52

AP Vendor Management Accounts Payable Accounts Payable 52

Cloud Accounting Podcast

MARCH 9, 2019

The idea, according to Intuit, is to help you “easily find and hire Intuit-screened accounting professionals to support your practice with temporary or in-season help.” 07:43 -- Report Suggests Congress And IRS Should Give Taxpayers More Time To File In 2019 — Forbes — It’s not your imagination: It really is a different kind of tax season.

Accounting 40

Accounting Accounting Tax Accounts Payable 40

AvidXchange

NOVEMBER 10, 2021

However, they realized they had to adapt quickly by starting to use easily integrated, second-layer technologies such as accounts payable (AP) automation software to keep operations going with remote workforces. It was too time-consuming and risky of an undertaking. Multiple integration tools made the list.

AP 52

AP Accounts Payable Accounts Payable Financial Analysis 52

AvidXchange

JUNE 16, 2022

Blair Myers from Vets Pets shares how AvidStrongroom and AvidPay integrate seamlessly with Sage Intacct Blair Myers joined Vets Pets in 2019 as a Controller, but quickly rose in the ranks to become Vice President of Finance and Accounting.

AP 52

AP Invoicing Billing Accounts Payable 52

CapActix

OCTOBER 10, 2023

Benefits Simplify reconciliations and bank uploads effortlessly Experience seamless invoice management without any hassle Navigate with ease through a user-friendly interface designed for simplicity Effortlessly handle transaction management Features Endless monitoring of income and expenses Tailorable options for sales tax management (..)

Accounting Software 52

Accounting Software Accounting Accounting Data Entry 52

AvidXchange

SEPTEMBER 24, 2020

Our accounts payable (AP) department, already bogged down by time-consuming, manual tasks, was overloaded by the sheer number of additional invoices. The company implemented AvidUtility in 2019 and “everything has been running quickly and smoothly ever since,” Murphy reports. Edwards Business Services at Island Hospitality.

AP 40

AP Invoice Processing Invoicing Data Entry 40

AvidXchange

FEBRUARY 16, 2022

percent above benchmark in Q4 2019), but the increase was larger than any of the nine other industries tracked by AvidIndex. Here are seven reasons why finance professionals in the industrial warehousing space may benefit from automated accounts payable (AP) and payment technology: 1. That was a measurable 4.5

AP 52

AP Invoicing Accounts Payable Accounts Payable 52

AvidXchange

MAY 24, 2022

In accounts payable (AP) automation , an API plugs into different software programs, unlocks the data and turns on the communications between them so they can connect and share information and functionality. Valued at $194 billion in 2019, the market is projected to rise to $933 billion by 2027. APIs simplify your life.

AP 52

AP Data Entry Invoice Processing Accounting Software 52

AvidXchange

DECEMBER 15, 2020

The Techtic report found, for example, that the online payments market will grow by 25-to-30 percent between 2019 and 2025. The latest survey of 330 accounts payable pros from the Institute of Finance & Management revealed 66 percent of invoices were processed electronically in 2020.

AP 40

AP Invoicing Financial Services Invoice Processing 40

Nanonets

APRIL 14, 2023

Processing accounts payable and accounts receivable on time ensures stable cash flow, reducing the need to borrow money. Automating this process can provide important efficiencies for a business's accounts payable team. Billion in 2019 and is expected to grow at a CAGR of 17.7%

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Invoicing Accounts Payable Accounts Payable Purchase Order 52

IMA's Count Me

FEBRUARY 28, 2020

She spoke with IMS manager of brand content and storytelling, Margaret Michaels Kelly presented on pink collar crime at IMA's 2019 annual conference and expo in San Diego and she was nice enough to sit with Margaret after her presentation to share some additional insights as we approach our 2020 annual conference. It's the main street crime.

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Auditing Accounts Payable Accounts Payable CPA 40

AvidXchange

OCTOBER 21, 2024

Super excited today to have our guest in the studio for this episode is Gabi Ruffles – LPGA player since 2019 and member of Team AvidXchange since earlier this year in January. So far Gabi’s played in 22 LPGA tour events since 2019 and making the cut in 14 of them. amateur and in 2019 a short period later.

Accounts Payable 52

Accounts Payable Accounts Payable Accounting Accounting 52

Nanonets

SEPTEMBER 11, 2024

The NetSuite REST API is more modern (it was introduced in 2019 by Oracle) but doesn't have the extensive support and customisation capabilities that the SOAP API has. While the SOAP API is older and more mature, it can also be slow in performance.

Purchase Order 52

Purchase Order Billing Data Entry Invoicing 52

AvidXchange

SEPTEMBER 17, 2024

I’m not sure if you’re familiar with a process called EOS – entrepreneurial operating system, but based on absolute traction, we adopted that out within Vantaca in 2019 and since kind of evolved it from what we called the entrepreneurial operating system to now what we call the Vantaca operating system.

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Accounts Payable Accounts Payable Collections Accounting 64

AvidXchange

OCTOBER 10, 2024

500 and a similar award that I received in 2019 from E&Y. And if you’re interested in learning more about accounts payable automation from AvidXchange, click the link in our show notes to connect with our experts. Best-selling author by USA Today and the Wall Street Journal. We’ll see you next time.

Computation 52

Computation Accounts Payable Accounts Payable Accounting 52

Nanonets

SEPTEMBER 26, 2024

To address the eventual limitations in the SOAP API, NetSuite released its REST API in 2019, offering a simpler, more scalable way to access data. For many years, this was the standard API for NetSuite development. The REST API embraced modern web standards like JSON, providing easier integration with cloud-native applications and APIs.

Purchase Order 52

Purchase Order Billing AP Invoicing 52

Nanonets

SEPTEMBER 25, 2023

Year Net Income Shareholders' Equity ROE 2018 $500,000 $2,000,000 25% 2019 $600,000 $2,500,000 24% 2020 $700,000 $2,800,000 25% 2021 $800,000 $3,200,000 25% For example, let's say your company's ROE ratio over the past four years has remained steady at 25%.

Accounts Payable 52

Accounts Payable Accounts Payable Financial Services Collections 52

AvidXchange

MARCH 23, 2023

I’m your host and producer, TRAVIS DURKEE, senior content strategy manager at AvidXchange, a leading provider of accounts payable automation software and payment solutions for middle market businesses and their suppliers. But essentially, the center started looking at this topic of digital transformation way back in 2019.

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AP Collections Budgeting Accounts Payable 52