MineralTree

JANUARY 19, 2023

Although AP automation rates jumped from 32% to 51% between 2021 and 2022, more than 80% of firms still haven’t fully automated their AP workflow. During the next 12 months, expect to see initiatives from both parties as they try to streamline AP and AR to shorten the time it takes to bill, approve, pay and deposit funds.

Accounts Payable 76

Accounts Payable Accounts Payable AP Accounting 76

AvidXchange

OCTOBER 14, 2022

Those costs are what you could otherwise be doing with the funds if you weren’t waiting for them to arrive, clear and be deposited. Additionally, according to the Association for Financial Professionals’ 2021 Payment and Fraud Control Survey , checks continue to be the top vehicle for payment fraud.

Deposits 52

Deposits AR Invoicing AP 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 Accounts Receivable 52

Cloud Accounting Podcast

FEBRUARY 10, 2021

Sponsors QuickFee: [link] Practice Ignition: [link] Odoo: [link] Show Notes 1:30 - Terrible financial advice is going viral on TikTok [link] 1:44 - TikTok Compilation Life Hack A Piece Of Information You Learned That feels Illegal to Know MashUps [link] 2:20 - Question: [link] 3:40 - Start a church: [link] 4:25 - S corp: [link] 9:44 - Closing the Diversity (..)

QuickBooks 40

QuickBooks Tax AR XERO 40

MineralTree

NOVEMBER 10, 2022

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. Since duplicate payments cause more work for your vendor’s AR team, this mistake can strain vendor relationships. Strained Vendor Relationships.

AP 52

AP Invoicing AR Accounts Payable 52

Cloud Accounting Podcast

JUNE 28, 2020

If you've ever tried to get your clients' Stripe, Square, or PayPal transactions into QuickBooks or Xero, you've probably pulled your hair out a few times trying to get income and fees recorded correctly so that the deposit amounts match the bank statement so you can reconcile. It's not that complicated.

Bookkeeping 40

Bookkeeping QuickBooks Payroll Auditing 40