Ascend Software blog

APRIL 27, 2023

The world of accounts payable (AP) is undergoing a significant transformation, with artificial intelligence (AI) and machine learning (ML) technologies playing a crucial role in this evolution. Cutting-edge technologies are reshaping accounts payable automation.

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Invoice Processing Accounts Payable Accounts Payable Invoicing 245

Fidesic blog

AUGUST 24, 2023

When evaluating an automation solution, tangible cost benefits are often difficult to quantify. There's the obvious things, like reducing printing check costs, transitioning to ACH instead of checks, and the reduction of hard costs that relate to shipping, but many of the main benefits are more ‘soft costs'.

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Accounts Payable Accounts Payable Accounting Accounting 246

Accounting Department

FEBRUARY 7, 2023

While accounting software has been around for decades, many businesses still rely on manual processes within their accounts payable (AP) operations.

Accounts Payable 170

Accounts Payable Accounts Payable AP Accounting 170

Cevinio

APRIL 18, 2024

How AI and RPA Are Transforming Accounts Payable Processes in the Year Ahead Introducing Our Whitepaper: “8 Accounts Payable Trends to Watch” In the dynamic landscape of financial operations, staying ahead means understanding the evolving trends shaping the future of Accounts Payable (AP).

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Accounts Payable Accounts Payable AP Accounting 130

AP Association

MARCH 1, 2022

If you're considering embarking on a career as an Accounts Payable professional, it's essential to make sure that you have a full understanding of the key skills and responsibilities required. Keeping a detailed record of these numbers can help accounting teams create accurate reports to be reviewed by businesses.

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Accounts Payable Accounts Payable Accounts Payable Clerk Accounting 130

Fidesic blog

MAY 7, 2024

Fidesic and EWS Group have partnered to better support moving companies using MoversSuite with integrations to Microsoft Dynamics GP or Business Central.

Accounts Payable 246

Accounts Payable Accounts Payable Accounting Accounting 246

Fidesic blog

OCTOBER 2, 2024

In this post, we will talk about Business Central accounts payable features and when you might want to go beyond the out of box functionality when it comes to accounts payable. We’ll do this by sharing some of the shortcomings of built in D365 AP tools when it comes to invoice processing and payments.

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Accounts Payable Accounts Payable AP Invoice Processing 130

Fidesic blog

OCTOBER 2, 2024

In this post, we will talk about Business Central accounts payable features and when you might want to go beyond the out of box functionality when it comes to accounts payable. We’ll do this by sharing some of the shortcomings of built in D365 AP tools when it comes to invoice processing and payments.

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Accounts Payable Accounts Payable AP Invoice Processing 130

AP Association

MARCH 22, 2022

If you are considering embarking on a career as an Accounts Payable professional, it is essential to make sure that you have a full understanding of the key skills and responsibilities required. Keeping a detailed record of these numbers can help accounting teams create accurate reports to be reviewed by businesses.

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Accounts Payable Accounts Payable Accounts Payable Clerk Accounting 130

Fidesic blog

APRIL 23, 2024

RouteWise by Fidesic is a visual workflow editor that makes it easy to setup and maintain invoice approval processes within your accounts payable department. What is RoueWise?

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Accounts Payable Accounts Payable Accounting Accounting 130

Cevinio

OCTOBER 26, 2023

How AI simplifies Accounts Payable invoice processing The rapid evolution of artificial intelligence in accounts payable is reshaping the possibilities of business automation. In Accounts Payable, AI is used to automate tasks such as data extraction, invoice processing, and approvals.

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Cevinio

SEPTEMBER 4, 2024

AI-powered accounts payable (AP) solutions are revolutionizing finance operations by enhancing efficiency, reducing costs, and improving compliance […]

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Accounts Payable Accounts Payable AP Accounting 130

Ascend Software blog

MARCH 30, 2023

Accounts Payable (AP) is a crucial function of any organization. It is responsible for managing the payment of bills and invoices to suppliers and vendors. However, many organizations struggle with their AP processes, leading to inefficiencies and financial losses.

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Accounts Payable Accounts Payable AP Accounting 130

AP Association

JANUARY 23, 2023

As a result, businesses are increasingly automating their accounts payable process to increase efficiency going into 2023. Read on to find out about the top accounts payable trends for 2023 that are aimed at preparing your AP team for survival in the mid-term and success in the longer term.

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Accounts Payable Accounts Payable AP Accounting 130

AP Association

SEPTEMBER 6, 2022

Accounts payable is an essential component of any small business's accounting processes. Your business's accounts payable department maintains a record of all the money you owe to suppliers and other creditors. Errors in your accounts payable can give you a false picture of your current cash flow.

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Accounts Payable Accounts Payable Accounting Accounting 130

AP Association

SEPTEMBER 1, 2022

An accurate and reliable system of monitoring accounts payable gives you a clear picture of your income and expenditure, enabling better business decisions to be made. Accounts payable includes all of your company's expenses, except for the payroll. What does accounts payable mean?

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Accounts Payable Accounts Payable Accounting Accounting 130

AP Association

JUNE 28, 2022

The role of accounts payable staff has changed significantly over the past two decades as technology has continued to play an ever-increasing part in day-to-day duties. As more aspects of AP processes are taken over by technology, the question is, what is the future of accounts payable?

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Accounts Payable Accounts Payable AP Accounting 130

Ascend Software blog

APRIL 18, 2023

One area where businesses can make significant improvements is in their accounts payable (AP) processes, and automated invoice processing is at the forefront of this transformation. In today's fast-paced business environment, companies are constantly seeking ways to increase efficiency, reduce costs, and stay competitive.

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Invoice Processing Accounts Payable Accounts Payable Invoicing 130

The Institute of Financial Operations

APRIL 1, 2022

Do a quick litmus test on your current Accounts Payable (AP) processes: How many FTEs in Accounts Payable? How many invoices do you process per annum? This provides you with the number of invoices processed per FTE per annum.

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Fidesic blog

JANUARY 19, 2023

A Microsoft Dynamics GP customer recently came to Fidesic because they were facing an increasingly common problem--they were struggling to hire an accounts payable clerk. The fact is that the industry is currently in a talent shortage as ‘accounting clerk’ has been a difficult position to fill in recent years.

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Accounts Payable Clerk Accounts Payable Accounts Payable Accounting 130

Cevinio

APRIL 23, 2024

Automated accounts payable software transforms your business by cutting costs and boosting efficiency. Discover the financial benefits […]

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Accounts Payable Accounts Payable Invoicing Accounting 130

Ascend Software blog

APRIL 20, 2023

Managing the accounts payable process is a crucial aspect of any organization's financial management. With a well-structured and efficient system, businesses can improve their cash flow, maintain better relationships with suppliers, and optimize their financial processes.

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Accounts Payable Accounts Payable Accounting Accounting 130

Fidesic blog

NOVEMBER 22, 2024

Accounts payable is a roller coaster… Ok, maybe it’s not quite that exciting, but it’s not the wet blanket that some people think it is (looking at you sales team). Those of us who work in AP everyday know how volatile it can be and the dangers that a poorly managed accounts payable process can pose.

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Accounts Payable Accounts Payable AP Accounting 130

AP Association

APRIL 12, 2022

For many years, businesses have viewed accounts payable as a routine but necessary back-office task. Invoices come in and, eventually, money goes out of the company bank account. It’ll be costly to administer your accounts payable, and you run the risk of irritating your suppliers. Here’s what you need to do.

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Accounts Payable Accounts Payable AP Accounting 130

AvidXchange

JANUARY 19, 2024

Accounts payable (AP) is a critical function within any business. To make sure your AP department is operating at an optimal level , consider implementing these accounts payable best practices. 1. AP staff ensure the company’s bills are paid, and they create reporting that is essential for financial forecasting.

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Accounts Payable Accounts Payable AP Accounting 104

Ascend Software blog

MAY 23, 2023

In the realm of financial operations, accounts payable holds a crucial role. In this blog, we will explore the top pains of accounts payable and discuss strategies to overcome them. However, it is not without its fair share of challenges.

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AP Association

AUGUST 25, 2022

It's tough enough running a business without having to worry about making mistakes with your accounts payable. The following is a list of the most common accounts payable mistakes you should watch out for and try your best to avoid. Businesses should also consider implementing an automated accounts payable system.

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Accounts Payable Accounts Payable Data Entry Invoicing 130

Fidesic blog

FEBRUARY 8, 2024

Fidesic is simplifying how accounting pros solve their specific AP pain points with à la carte accounts payable solutions for Microsoft Dynamics GP or D365 Business Central.

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Accounts Payable Accounts Payable AP Accounting 130

Compleatable

AUGUST 1, 2024

Current accounts payable purposes and processes Accounts Payable or AP as it is also known, is a term used to describe the means of money being owed by a business to it’s suppliers for goods and services provided. Accounts Payable has been a human driven and controlled process since the evolution of paper.

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Ascend Software blog

APRIL 25, 2023

Struggling with time-consuming and inefficient accounts payable processes in your healthcare organization? Dive into this comprehensive blog post to learn how healthcare AP automation can help streamline invoice processing, reduce costs, and enhance patient care, offering valuable solutions to your AP challenges.

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Accounts Payable Accounts Payable AP Invoice Processing 130

Compleatable

JULY 8, 2024

One area that has seen significant advancements is Accounts Payable (AP), with Artificial Intelligence (AI) leading the charge. Key Innovations in AI for Accounts Payable Automated Invoice Processing – AI-driven systems can automatically capture and process invoices, extracting relevant data with high accuracy.

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Financial Operations Financial Operations Accounts Payable Accounts Payable 100

Ascend Software blog

APRIL 3, 2024

One pivotal area that stands out for potential optimization is the Accounts Payable (AP) department. In today's digital era, businesses are constantly seeking ways to boost their operational efficiency and streamline complex processes.

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Ascend Software blog

MARCH 28, 2023

Improving Vendor Relationships Improving vendor relationships can have a significant impact on accounts payable efficiencies. Here are some ways in which it can be achieved: accounts payable process improvements.

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Accounts Payable Accounts Payable Accounting Accounting 130

AP Association

APRIL 7, 2022

Accounts payable (AP) is an integral part of business finance that works to ensure that companies are effectively handling their financial obligations. The rise of automation in accounts payable 2022 looks to bring much more automation with it for accounts payable teams.

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Accounts Payable Accounts Payable AP Accounting 130

Cevinio

JANUARY 3, 2024

Building your accounts payable e-invoicing strategy Developing an e-invoicing strategy not only brings you closer to embracing digital transformation but is also essential for businesses aiming to stay competitive; it has transitioned from an option to a strategic imperative.

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Accounts Payable Accounts Payable Invoicing AP 100

Ascend Software blog

DECEMBER 20, 2024

OCR Technology: A Great Start for AP Efficiency As businesses look to modernize their accounts payable (AP) operations, Optical Character Recognition (OCR) has become an important tool for streamlining invoice processing.

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Accounts Payable Accounts Payable AP Data Entry 100

Accounting Today

SEPTEMBER 26, 2023

In the context of accounts payable, generative AI can create text-based documents, such as invoices or purchase orders, by analyzing patterns and information from historical data.

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Purchase Order Accounts Payable Accounts Payable Accounting 318