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From cash to crypto, payment technologies have changed substantially over the years, shifting how businesses transact with suppliers and manage financialoperations. Customizable approval hierarchies and audit trails help AP teams retain control over their processes. As of May 2024, that number had ballooned to 758.
This could explain the high growth of the accounting software industry, estimated to reach $12 billion by 2026. Accounting automation uses advanced software technology and tools to automate various financialoperations. This ensures accurate and secure audit documentation. What is Accounting Automation?
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