Ascend Software blog

JANUARY 9, 2025

The world of finance and accounts payable (AP) is buzzing with innovation, and 2025 is shaping up to be the year of transformative trends. If youre looking to optimize your AP process and stay ahead of the curve, these are the top trends you need on your radar. Spoiler: AP automation is a star player!)

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Gaviti

FEBRUARY 27, 2025

While there are many conferences for finance professionals , there are no conferences exclusively dedicated to Accounts Receivable (A/R), several events heavily feature this topic, attracting numerous A/R professionals. Top 5 Conferences for A/R Professionals in 2025 1.

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Counto

DECEMBER 15, 2024

Understanding Singapores New CPF Contribution Rates: Impacts on SME Finances in 2025 As we approach 2025, small and medium-sized enterprises (SMEs) in Singapore need to prepare for Singapores new CPF contribution rates that will take effect from 1 January 2025. Whats Changing with Singapores New CPF Contribution Rates in 2025?

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AvidXchange

JANUARY 6, 2025

In 2025, nonprofits stand at the crossroads of opportunity and challenge, navigating a rapidly evolving technological landscape. Download AvidXchanges Free 2025 Trends Report AI Adoption Is on the Rise Increasingly, nonprofits are turning to AI to streamline administrative work and fundraising.

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Compleatable

MARCH 17, 2025

The Benefits of Automating Accounts Payable The good news is that accounts payable automation offers a solution to these challenges. Date: 20/03/2025 Time: 11:30 GMT Register now Outdated processes do more than waste time. They waste money.

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Compleatable

MARCH 26, 2025

One of the most notable moves in 2025 has come from the home healthcare and hospice sectors, where two major players, Medalogix and Forcura, have joined forces in a landmark merger. In an era where healthcare is more complex and personalized than ever, the marriage between technology and medicine continues to evolve in powerful ways.

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Counto

JANUARY 26, 2025

Cost of Living for Foreign Entrepreneurs in Singapore in 2025 Starting a business as a foreign entrepreneur in Singapore comes with its challenges, and understanding the cost of living is one of the key factors in managing your finances effectively. With Singapore being a prime business hub in Asia, it is crucial to be well-prepared.

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Compleatable

DECEMBER 11, 2024

The world of finance, purchasing, and accounts payable (AP) automation is transforming rapidly, and 2025 is set to bring even more significant changes. Heres what to watch for in the coming year: The Rise of Hyper-Automation in Finance Automation is no longer a novelty; in 2025, hyper-automation will dominate.

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AvidXchange

JANUARY 2, 2025

Have you noti ced inefficiencies in your accounts payable (AP) department ? Audit Challenges Accounts payable audits can be tedious and time-consuming. In our 2024 Accounts Payable Career Satisfaction Survey AvidXchange and IOFM found that AP automation can boost employee satisfaction while streamlining processes.

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AvidXchange

DECEMBER 20, 2024

Creating 1099 reporting is one task that can take less time with accounts payable (AP) automation. For the 2024 tax year, businesses must issue a 1099-NEC to recipients and file it with the IRS by January 31, 2025, according to the IRS. Tax season is a busy time for finance departments.

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AvidXchange

NOVEMBER 25, 2024

This saves your procurement and accounts payable (AP) teams valuable time, as they’ll likely field fewer supplier inquiries as a result. Is There a Difference Between a Supplier Hub and a Vendor Portal? Download Now Download Our Free 2025 Trends Report Now The post What is a Vendor Portal and Does Your Business Need One?

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AvidXchange

JANUARY 22, 2025

While experts predict mortgage rates could decrease in 2025, according to CBS News , the current volatility underscores the need for digital tools that help manage project costs, demand, and cash flow to better navigate project timelines, maintain profitability, and ensure operational stability.

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SAP Accounts Payable

FEBRUARY 22, 2021

The critical factor that makes this workflow accurate is the efficiency and accuracy of the company’s accounts payable team. Best-performing companies that adopt intelligent accounts payable practices significantly reduced the error rates to below 1% or almost to zero. However, studies say , on average, 3.6%

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AvidXchange

DECEMBER 3, 2024

Digital Payments Ghost cards provide a solution for businesses moving away from manual, paper-based accounts payable (AP) processes. Connect with AvidXchange 2025 Finance Focus Our free guide is designed to give you a competitive edge by highlighting key trends shaping the finance landscape. appeared first on AvidXchange.

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AvidXchange

SEPTEMBER 25, 2024

As we prepare for 2025, advertising and media agencies are navigating a landscape marked by increased spending and a surge in requests for proposals (RFPs). We summarized the key takeaways in our “ 2025 Finance Focus ” report.

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AvidXchange

SEPTEMBER 17, 2024

It can help them adapt to a rapidly evolving industry, taking advantage of new technology tools and innovative ideas. In order to gain insight into the top fintech trends for 2025, AvidXchange surveyed 500 finance leaders in August 2024 to learn what’s top-of-mind heading into the new year. check fraud attacks or attempts?

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NextProcess

JANUARY 6, 2025

In 2025, we can expect to see more and more companies automating and digitizing, especially with cloud-based software. updating accounts payable, then purchasing, etc. Wed love to help you modernize your companys financial processing in 2025, or start planning for a future update.

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AvidXchange

SEPTEMBER 20, 2024

In August 2024, AvidXchange surveyed 500 finance leaders to learn more about their priorities and challenges heading into 2025. The Wall Street Journal recently reported the largest drop in accounting graduates in 20+ years.

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NextProcess

OCTOBER 8, 2024

From procurement to accounts payable , automation streamlines core business processes and takes over routine tasks to free up employees to focus on more value-added contributions. 2) Facing Economic and Political Uncertainty Overall, surveyed CFOs are optimistic going into the end of 2024 and looking forward to 2025.

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Compleatable

DECEMBER 11, 2023

It’s impossible to touch on every area AI is predicted to revolutionise (we’d probably still be here in 2025), but customer service has been specifically singled out by both market experts and customers. Think data-driven recommendations, increased personalisation and rapid-response chat bots equipped with encyclopaedic knowledge.

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Compleatable

DECEMBER 11, 2023

It’s impossible to touch on every area AI is predicted to revolutionise (we’d probably still be here in 2025), but customer service has been specifically singled out by both market experts and customers. Think data-driven recommendations, increased personalisation and rapid-response chat bots equipped with encyclopaedic knowledge.

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AvidXchange

SEPTEMBER 17, 2024

In 2023, The Wall Street Journal reported the largest single-year drop in accounting graduates in 20+ years. Our 2025 Trends Survey found that 68% of finance departments have experienced significant ROI and tangible benefits from their AI investments. economic growth and a 3.5% gain in productivity by 2032, only 5.2%

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AvidXchange

JULY 14, 2023

Many accounting teams are evaluating systems, choosing the best one and re-training employees. Finance Functions Evolve with Technology Some bank and credit union accounts payable (AP) departments have seen invoices double as the result of a merger or acquisition.

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IMA's Count Me

NOVEMBER 3, 2021

Adam: (09:56) So to what extent do you think those roles and responsibilities will change by, like, let's say 2025. Kevin: (10:03) Yeah. And, you know, considering what the pandemic that businesses have pivoted already so much and their policies and procedures in a matter of days and weeks, four years in 2025 is actually a long way.

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AvidXchange

MAY 7, 2019

billion by 2025, according to Goldman Sachs , evidence that the technology can have significant business benefits for property managers. Accounts payable and payments automation Growing a portfolio inevitably means more invoices to process and bills to pay.

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SMB Accounting and Consulting

MAY 17, 2024

Per the Small Entity Compliance Guide published by the Financial Crimes Enforcement Network, companies created or registered to do business before January 1, 2024, will have until January 1, 2025 to file their initial BOI reports. Accounting software packages typically come with options to bill customers.

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Tipalti

FEBRUARY 27, 2025

Learn how ERP software helps solve manufacturing problems and which ERP software is most well-equipped to support manufacturing business needs with end-to-end capabilities.

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AvidXchange

JULY 14, 2023

For more than a century, finance teams, including accounts payable (AP) staff, have used paper-based systems including ledgers, checks and mailed invoices. The World Economic Forum estimates that by 2025, as many as 85 million jobs could be impacted by a shift in the division of labor between humans and machines.

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Nanonets

MAY 30, 2023

billion people worldwide will use digital wallets by 2025. Schedule a Demo Automation of e-Payment The Accounts Payable Network reports that replacing paper checks by ePayments would save the $5.14 We, at Nanonets, have pre-built Integrations with popular Accounting Software, such as Quickbooks, Xero, Sage, Netsuite, etc.,

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Counto

MARCH 19, 2024

Payments are due within 1 month after the end of the accounting period, with deductions made via GIRO arrangements on the 15th of the following month. For instance: Jan – Mar 2024: Due by 30 Apr 2024 Apr – Jun 2024: Due by 31 Jul 2024 Jul – Sep 2024: Due by 31 Oct 2024 Oct – Dec 2024: Due by 31 Jan 2025 How do I file my corporate tax returns?

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AvidXchange

JULY 13, 2023

The macro-trends impacting the economy and labor force are compelling the few remaining centralized back-office functions like accounts payable (AP) to become decentralized as well. By implementing the right digital tools, property management businesses can successfully address some of these obstacles.

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NextProcess

FEBRUARY 12, 2025

Theres still quite a bit of uncertainty about how presidential policy and other factors will affect economics in 2025 and beyond. We offer the only suite of business process automation software to provide a true end-to-end solution that covers budgeting, project management, purchasing, accounts payable, and payments.

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Nanonets

OCTOBER 8, 2024

With the ERP market projected to grow to $50 billion by 2025, NetSuite integrations will only become more important, and the competition around NetSuite integrations will intensify. While NetSuite’s ERP and CRM offerings are robust, businesses frequently need integration solutions to customize back-office processes.

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AvidXchange

FEBRUARY 16, 2022

Overall, the warehousing and storage market is expected to grow at 9 percent through 2025 and reach a value of  $627.5 And though this report focuses on automating of the physical movement of goods, there’s an opportunity to leverage the power of automation in back-office functions that are critical to a business, like accounts payables.

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AvidXchange

OCTOBER 17, 2024

And if you’re interested in learning more about accounts payable automation from AvidXchange, click the link in our show notes to connect with our experts. Brian learned this from coaching youth sports, but it can apply to leaders at all levels. It’s not just managing commodities anymore. We’ll see you next time.

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AvidXchange

AUGUST 21, 2023

Gartner ’s projections indicate a profound shift ahead, anticipating that 40% of finance roles will be new or reshaped by 2025, driven by technological advancements. Undoubtedly, emerging technologies such as machine learning, automation and AI are reshaping our approach to work.

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