NextProcess

DECEMBER 27, 2024

Generative AI In Business It was late in the year 2022 that ChatGPT first became available. These numbers come from research by Deloitte and the Institute of Management Accountants (IMA). Over 900 financial professionals around the world (including accounting analysts, CFOs, directors, and managers) responded to this survey.

Data Entry 52

Data Entry Reconciling Expense Reports Invoicing 52

Nanonets

APRIL 12, 2024

The Importance of Accounts Reconciliation Companies handle a variety of finance-related documents, ranging from bank statements to invoices and payroll records. Amidst this deluge of numbers and figures lies a crucial task: account reconciliation. billion in 2022 to USD 8.09 billion by 2031. 

Account Reconciliation 52

Account Reconciliation Reconciling General Ledger Bank Reconciliation 52

Invoicera

MAY 31, 2024

An effective financial and management accounts system means setting realistic budgets that include enough money to cover unexpected expenses and ensure you aren’t short at month-end. Its array of features not only simplifies but elevates financial management. Need For Efficient Invoice And Payment Management?

Budgeting 52

Budgeting Billing Invoicing Financial Reporting 52

Nanonets

SEPTEMBER 21, 2023

Effective  AP aging management  helps  prioritize payments ,  avoid penalties  or  late fees ,  improve supplier relationships , and  negotiate better credit terms. Automation software can simplify the process of creating an  accounts payable aging  report and improve accuracy.

AP 40

AP Accounts Payable Accounts Payable Record Keeping 40

Nanonets

FEBRUARY 26, 2024

Finance teams are well aware of the tedious and error-prone nature of manual accounts payable processes. Sorting through stacks of paper invoices, reaching out to approvers individually, and mailing checks are extremely tedious and error-prone. This could also lead to late payments or in some cases potential  vendor fraud.

Accounts Payable 52

Accounts Payable Accounts Payable AP Data Entry 52

Nanonets

SEPTEMBER 22, 2023

It is important to collect accounts receivable as soon as possible to avoid tying up working capital and facing longer business cycles. Implementing  effective accounts receivable  processes can involve setting up credit policies, issuing invoices promptly, collecting payments efficiently, and maintaining AR reports.

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables AR 40

IMA's Count Me

NOVEMBER 16, 2022

Connect with our Speakers: John Macaulay: [link] Colleen Lucero: [link] Full Episode Transcript: [ 00:00:00] < Intro > Margaret: So in this special podcast, Celebrating 50 Years of the CMA, or the Certified Management Accountant program. Colleen earned her CMA in April of 2022. I'd absolutely love it."

CPA 40

CPA Computation Management Accounting Accounting 40

IMA's Count Me

NOVEMBER 14, 2022

Connect with Simone : [link] Simone's Podcast: [link] CBM Network: [link] Full Episode Transcript: Adam: Welcome back to Count Me In the podcast that brings you inside the fascinating world of management accounting. From a management accountant's perspective, it's the story straight out of the wild west of business.

CPA 40

CPA Management Accounting Tax Accounting 40

IMA's Count Me

DECEMBER 12, 2021

We are, embarking on, opening our, new first North America manufacturing facility next year in 2022. Sometimes in the most famous example of, digitization in, the finance and accounting world is the ERP implementation or the system that integrate the entire business, from end, to end. And, we are talking these days about industry 4.0.

General Ledger 40

General Ledger Accounting Accounting Invoicing 40