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Revolutionizing Accounts Payable: The Power of Automated AI Invoice Processing

Billing Platform

Automated AI invoice processing is transforming the way organizations manage their finances, leading to increased efficiency, accuracy, and cost savings. The Traditional Accounts Payable Process Traditionally, the accounts payable process has been a manual and labor-intensive operation often riddled with human error.

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4 Critical Opportunities MSPs Can’t Miss to Grow AWS Margins

CloudCheckr

As AWS resellers consolidate billing for multiple accounts within their management console, the task of passing appropriate costs along to end customers creates an interesting challenge. List Pricing” ensures that a single AWS account will pay for its fair share of AWS resources while enabling MSPs and resellers to maximize their margins.

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Technology Solutions for a Short-Staffed Media Industry Dealing With an Increase in Work

AvidXchange

They process scores and scores of invoices for media suppliers, contractors and others. No matter how experienced or how fast they work, it takes an average of 10 days to process a single invoice. Their AP departments play a key role, working behind the scenes to handle the financial side of media buys.

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How to Offset the Construction Staffing Challenges with AP Automation  

AvidXchange

After accounting for inflation, construction spending has likely fallen over the past 12 months. Automated technology rids construction AP staff of time-consuming tasks around processing invoices and paying bills and provides visibility into the numbers, empowering them to better manage cash flow and ensure speedy payments.

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How Straight Through Processing Automates Delivery and Receipt of Payments for a Busy Small Business  

AvidXchange

Bryce Clark, co-owner and vice president of Capital Lock, shares how he transformed his accounts receivable process to save time, money and headaches. The properties have different owners, so each one must be separately invoiced, resulting in thousands of invoices each year. mail, a notoriously unreliable and slow-moving system.

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Why SaaS Companies are Embracing Usage-Based Pricing

Billing Platform

By automating the financial process, you’ll ensure accurate and timely invoicing, account receivables, revenue recognition, collections, and financial reporting. Want to dig a bit deeper, check out our Executive Overview: Usage-Based Billing white paper.

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CFOs Recognize Hybrid Work as ‘More Affordable’ Business Model, Survey Shows

AvidXchange

Given the persistently tight labor market, finance and accounting departments are tackling turnover by increasing salaries or bonuses (61%) and allowing employees to work remotely (43%), according to Robert Half’s Staffing Critical Functions Benchmarking Report 2022. And automated workflows help process them accurately and on time.

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