Nanonets

NOVEMBER 14, 2023

Whether you are a startup catering to multiple markets or a well-established corporation with a global supplier network, understanding the intricacies of international invoice processing is essential for your financial operations to run efficiently.    What are International Accounts Payable?

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Nanonets

NOVEMBER 14, 2023

Accounts Payable (AP) processes are an important function for every business, overseeing the outgoing payments to suppliers and vendors. billion in 2021 to USD 7.5 It represents a fundamental shift in how businesses manage their financial operations. billion by 2030 at a CAGR of 12.5%.​​

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AvidXchange

APRIL 18, 2023

In this piece, we’ll address five trends currently impacting K-12 schools and share how automating financial operations can help. McKinsey reports that 82% performed a digital payment in 2022 – up from 78% in 2021. Accounts payable (AP) automation allows your financial teams to pay bills in a similar, simplified fashion.

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AvidXchange

APRIL 18, 2023

We’ll also address how automating financial operations can help nonprofits stay on top of related challenges. Donors Want Digital Donations McKinsey reports that 82% of Americans conducted a digital payment in 2022 – up from 78% in 2021.

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Nanonets

NOVEMBER 16, 2023

As businesses expand, the volume of transactions, the complexity of financial operations, and the need for strategic cash flow management intensify. This is where Accounts Payable (AP) Automation emerges as a critical tool, not merely for managing payments but as a strategically in scaling your business.

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AvidXchange

OCTOBER 11, 2022

So, as your business braces for a recession and starts to re-evaluate costs, you should ask yourself two questions: What can my accounts payable (AP) team do to impact the bottom line and prove itself as an asset that powers growth? How can my AP team leverage technology to perform efficiently in a hybrid/remote environment?

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AvidXchange

JANUARY 28, 2022

Specifically, in Q4 2021, 27% of contractors cited steel as their top product shortage, followed by roofing material (19%) and wood and lumber (17%). This widespread digitization of the industry is poised to expand beyond design and assembly and into financial operations.

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