MineralTree

JANUARY 19, 2023

As the top back-office digitization priority for the last two years, accounts payable is a great example of a tool that is trusted amongst finance teams to simultaneously target multiple areas of concern including security, process inefficiencies, and disorganized AP workflows. of their annual revenues.

Accounts Payable 76

Accounts Payable Accounts Payable AP Accounting 76

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. As teams digitize accounts payables, they can better analyze spend and more accurately budget and forecast for the future.

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

AvidXchange

OCTOBER 16, 2023

In 2023, I’m getting paid for services rendered in 2020 and 2021. With this early payment option, if a supplier chooses to accelerate an eligible invoice, AvidXchange deposits the funds directly into their account in as little as 24 hours for a small fee. That’s a long time to think about those jobs and have them on the books.”

Invoicing 52

Invoicing AR Accounts Receivable Account Receivables 52

AvidXchange

OCTOBER 14, 2022

Additionally, according to the Association for Financial Professionals’ 2021 Payment and Fraud Control Survey , checks continue to be the top vehicle for payment fraud. It’s important to keep in mind that processing fees are necessary to ensure businesses can manage their cash flow effectively.

Deposits 52

Deposits AR Invoicing AP 52

MineralTree

NOVEMBER 10, 2022

Duplicate payments are a huge headache for accounts payable departments and their vendors. In fact, 58% of accounts payable teams were targeted via email scams in 2021. Your vendor’s AR team must also spend time getting the money back to your company in the form of a credit.

AP 52

AP Invoicing AR Accounts Payable 52

AvidXchange

SEPTEMBER 21, 2021

We want to help answer this question and share ideas for how you and your company can utilize accounts payable (AP) automation to come out stronger in the days and months ahead by thinking about these changes and opportunities in new ways. And the massive digital transformation of businesses remains in full swing.

AP 52

AP Invoicing Computation Billing 52

MineralTree

JANUARY 5, 2023

Unfortunately, back-office positions such as accounts payable tend to be lower on the hiring priority list when it comes to backfilling roles. The AP and AR functions remain vital sources for incoming data, since they track the earnings and liabilities of a company. Staffing Issues.

AP 55

AP Invoicing Invoice Processing AR 55