Remove 2019 Remove Data Entry Remove Invoice Processing
article thumbnail

5 Accounts Payable Trends to Focus On (for the rest of 2019)

AP Association

Up until recent years, an accounts payable professional would need to have a particular skill set that would allow them to implement accurate and efficient processes and carry out particular tasks in their roles.

article thumbnail

E-invoicing? We already do this don’t we?

AP Association

Because a true e-invoice is received as data and therefore no manual data entry or OCR correction is needed, validation occurs on receipt and successful invoices are passed automatically into the organisation’s ERP or AP Automation system. The NHS started adopting structured e-invoicing in January 2016.

Invoicing 130
professionals

Sign Up for our Newsletter

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

article thumbnail

What is Accounts Payable (AP) Automation?

Nanonets

Invoice Collection : Inefficiencies in managing a mix of digital and paper invoices, leading to misplaced documents and delayed processing. Data Entry : Manual data entry causes inaccuracies and delays in financial records and reporting. Looking to integrate AI into your AP function?

article thumbnail

How AP Automation Modernized a Family Construction Business

AvidXchange

Industry : Construction Products used : Timberscan Titanium & AvidPay Year joined : 2019 Accounting system : Sage 100 Contractor Becky Sorrells, a certified public accountant, has been an important component of the family business since its inception. Customer Profile Customer : Becky Sorrells, CFO and Treasurer, Sorrells & Co.

AP 52
article thumbnail

A Beginner’s Guide to APIs for Finance Pros 

AvidXchange

“Without APIs, many enterprises would lack connectivity and suffer from informational silos that compromise productivity and performance.” APIs help you make faster payments, fewer mistakes APIs help your finance team automatically collect payments and track invoices faster, reduce manual data entry and avoid mistakes.

AP 52
article thumbnail

AvidXchange Helps Hotel Operator Save 37 Hours Each Week, Cut Processing Time by 80 Percent

AvidXchange

Invoice processing time reduced by 80 percent AvidInvoice has generated even further savings. Invoice processing times were slashed from an average of 18 days to three. “AP AP representatives who used to function more as data-entry clerks are now able to actively manage accounts instead of paperwork,” Murphy explains.

AP 40