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.

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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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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. We look at where they can be applied in AP invoice processing, and what benefits they bring, now and in the future.

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Compleatable

JULY 8, 2024

One area that has seen significant advancements is Accounts Payable (AP), with Artificial Intelligence (AI) leading the charge. The Role of AI in Accounts Payable Accounts Payable involves managing a company’s short-term liabilities, ensuring that invoices are processed, approved, and paid in a timely manner.

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oAppsNet

NOVEMBER 12, 2024

Accounts Payable (AP) fraud is like a hidden drain slowly sucking the lifeblood out of your business. This article will explore accounts payable fraud, its different forms, and how to spot it before it causes severe damage. What is Accounts Payable Fraud? Scary, right?

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Cevinio

DECEMBER 13, 2023

How to Safeguard AP Operations Against Invoice Fraud The rapidly growing invoice fraud risk poses a significant threat to businesses. It’s imperative to protect your organization against invoice fraud, also known as AP fraud, as a result. Understanding Invoice Fraud What is Accounts Payable Fraud?

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Cevinio

OCTOBER 31, 2023

The advantages of electronic invoicing for accounts payable Governments around the world continue to encourage digitization and push companies towards adopting financial technologies such as electronic invoicing, or e-invoicing. What is an e-invoice? What is e-invoicing or electronic invoicing?

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Tipalti

OCTOBER 7, 2024

The accounts payable invoice approval process, which is part of the AP invoice processing and payment processing workflow, is an area that your business can streamline with BPI to yield significant cost-savings benefits.

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Compleatable

OCTOBER 8, 2024

Whether you’re a long time AP Automation user or you’ve recently implemented AP Automation software, one thing is for certain: Maintaining your AP Process will be crucial to the overall success of your business. By default, iCompleat will extract all invoice lines.

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AP Purchase Order Invoicing Accounts Payable 100

Compleatable

NOVEMBER 8, 2024

In today’s competitive world, businesses are constantly looking for ways to improve how they work, and accounts payable (AP) automation is a real game-changer. This guide breaks down AP automation, covering everything from how to get started to the key benefits and features to look for.

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Nanonets

FEBRUARY 1, 2024

In the rapidly evolving business landscape, the efficiency of Accounts Payable (AP) processes is no longer just a back-office concern but a strategic imperative. The complexity and resource-intensive nature of traditional AP work is becoming unsustainable, particularly in the face of growing demands for speed and accuracy.

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Cevinio

AUGUST 7, 2024

Explore the best practices for modernizing your AP invoice process. Learn how automation, AI, and strategic vendor management can […]

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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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Cevinio

OCTOBER 17, 2023

Excelling in AP Management through Automation with AP Leader Caroline Adams In this interview with Caroline Adams, an accomplished AP leader, we ask her a series of questions about AP management, the influence of automation, and the journey toward modern AP processes. Discover her valuable insights.

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Invoicera

NOVEMBER 8, 2024

For many companies, managing accounts receivable (AR) and accounts payable (AP) is a constant challenge, with delayed payments, manual errors, and lack of real-time visibility causing significant disruptions. A study by Atradius revealed that 48% of B2B invoices in the U.S. 13 top AR and AP software solutions.

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AvidXchange

JANUARY 19, 2024

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

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Compleatable

NOVEMBER 15, 2024

For finance departments, one of the most transformative tools has been Artificial Intelligence (AI), which has quickly become an asset in streamlining Accounts Payable (AP) processes , combating fraud, and offering real-time insights. Adopting the latest tools isn’t just an advantage; it’s essential for staying competitive.

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Accounts Payable Accounts Payable AP Accounting 100

Invoicera

APRIL 28, 2024

Too many unpaid bills or Accounts Payable can weigh a company down and eat its profits. And on average, 48% of businesses make 68% fewer profits because of issues with unattended accounts payable. So, this blog post will be discussing the common mistakes you are making while managing your AP and the tips to improve them.

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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. Today, AP employees are more likely to spend their time working at a computer, rather than chasing up paper invoices.

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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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Compleatable

JUNE 28, 2023

By a beginner for a beginner: What does accounts payable automation software actually do? Accounts payable automation softw are is the gift that keeps on giving. Imagine: you’re sitting at your desk in a haze of a post-lunch food coma, and you’ve got a mountain of invoices to process. What do you do?

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Accounts Payable Accounts Payable AP Accounting 100

oAppsNet

OCTOBER 22, 2024

Accounts Payable (AP) is a critical business function. Traditionally, this process involved manual tasks like invoice processing, approvals, and payment disbursement, which were prone to errors and inefficiencies. This article will explore critical accounts payable trends shaping financial operations’ future.

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Compleatable

AUGUST 11, 2023

Invoice fraud is a real and immediate threat for businesses worldwide. With the strictest measures in place to combat invoice fraud, the most diligent businesses still fall prey to fraudsters. A fake company, fake emails, and one simple key to the entire scam: some very convincing fake invoices. How did he do it?

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AvidXchange

SEPTEMBER 27, 2024

Automating accounts payable (AP) is an effective way to streamline your invoice approval and payment processes, reduce costs, and strengthen supplier relationships. Traditional AP processes can be time-consuming, prone to human error, and involve a lot of manual data entry. Why Automate Accounts Payable?

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Cevinio

JUNE 19, 2024

Explore the benefits of Cevinio Autonomous AP Invoice Processing for your business. We answer the most asked questions about our AI-driven.

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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. But they do act as a good basis for discussion.

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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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AvidXchange

SEPTEMBER 30, 2024

Choosing an AP automation solution that integrates with your accounting and ERP platforms is important for system efficiency and accuracy. An integrated accounts payable system can enable seamless data flow, reducing manual entry and errors while providing real-time visibility into financial data.

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Accounts Payable Accounts Payable AP Accounting 52

MineralTree

MARCH 16, 2023

Despite the fact that organizations around the globe are gearing up for digital transformation , many AP teams still heavily depend upon costly and antiquated systems such as paper invoices and checks. What are Today’s Challenges in AP? Many AP teams today are overwhelmed and understaffed. Keep reading to learn more.

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oAppsNet

SEPTEMBER 3, 2024

The world of finance is continuously evolving, and the accounts payable (AP) process is no exception. As businesses strive to improve efficiency and reduce costs, they increasingly turn to new technologies and strategies to optimize their AP processes.

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Accounts Payable Accounts Payable AP Accounting 52

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

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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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. Avoid cheques in the mail.

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Accounts Payable Accounts Payable AP Accounting 130

Ascend Software blog

MARCH 2, 2023

Why AP Automation? One of the most impactful things you can do to improve your organization’s Accounts Payable (AP) process is to automate it. AP automation is the use of technology to streamline and automate the invoicing and payments process.

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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. Always check to see if the invoice has already been paid when making a payment.

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SAP Accounts Payable

DECEMBER 31, 2022

It’s time to present the next Remote Function Adapters (RFA) delivered by SAP Profitability and Performance Management (PaPM), namely the RFA Finance Accounts Payable (RFA FI-AP) and RFA Finance Accounts Receivable (RFA FI-AR). Configuration of RFA Finance Accounts Payable and RFA Finance Account Receivable.

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AvidXchange

AUGUST 27, 2024

Why Automate Accounts Payable? Increased Efficiency and Speed One of the most immediate and noticeable accounts payable automation benefits is increased efficiency and speed in the AP department. This increase in speed can enhance productivity and help improve cash flow for the business.

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