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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AP Association

JUNE 14, 2019

If you’ve recently lost your job , or are looking for a new role, and you have finally been able to get an interview at a great company, in the accounts payable department, and now it is time to prepare yourself. Look out for any current news articles that may be online about them, as well how they engage with people on social media.

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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. From the digitisation of accounting processes to the integration of automation, there are a number of emerging trends in AP to watch out for.

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The Institute of Financial Operations

JULY 12, 2021

WHAT IS AN ACCOUNTS PAYABLE RECOVERY AUDIT? Quite simply, it is a review of your Accounts Payable historical data for the purpose of identifying and recovering funds paid to your vendors and suppliers resulting from overpayments and under-deductions. WHY SHOULD MY COMPANY CONDUCT AN ACCOUNTS PAYABLE RECOVERY AUDIT?

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AP Association

JUNE 4, 2019

In this career article we provide clear guidance on all aspects of an interview, covering preparation for, travelling to, what to do during and what to do after the interview… Finding jobs to apply for Finding any “old” job to apply for is not too difficult but finding the perfect job, well, that can be a lot more challenging!

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Accounting Tools

FEBRUARY 5, 2024

What are the Accounts Payable Controls? Accounts payable controls are used to mitigate the risk of losses in the payables function. Data Entry Controls There are several ways to ensure that all supplier invoices have been entered in the accounts payable system, though these controls have varying degrees of success.

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Compleatable

MARCH 27, 2025

As AvidXchange phases out Ariett on November 1, 2025, businesses are actively seeking robust alternatives for their purchasing and accounts payable automation needs. Compleat Software emerges as a compelling solution, offering enhanced functionalities that not only match but surpass those previously provided by Ariett.

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MineralTree

FEBRUARY 1, 2024

Key takeaways Accounts payable teams continue to face challenges with fewer resources, despite it being nearly four years since the onset of the COVID pandemic. The post Making Accounts Payable More Efficient appeared first on MineralTree. hours weekly, or over 500 hours annually , providing key efficiency gains.

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oAppsNet

APRIL 5, 2024

As we usher in the year 2024, the accounts payable (AP) landscape is undergoing rapid transformation driven by technological advancements, changing business dynamics, and evolving customer expectations. Collaboration platforms enable seamless communication, document sharing, and dispute resolution between AP departments and suppliers.

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Tipalti

SEPTEMBER 27, 2023

In what ways can artificial intelligence be used in accounts payable, and what are the risks and rewards? Deep-dive on AI powered AP automation in our comprehensive article.

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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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oAppsNet

DECEMBER 17, 2024

Conducting an accounts payable (AP) audit is critical in ensuring your business’s financial health and integrity. In this article, well guide you through the steps to conduct an effective AP audit, discuss best practices, and highlight key areas to focus on. What Is an Accounts Payable Audit?

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Outsourced Bookeeping

MAY 10, 2023

The management of a restaurant’s financials is incomplete without the incorporation of the pivotal restaurant accounts payable process. Proper handling of accounts payable guarantees timely payment to suppliers and vendors, resulting in the seamless operation of a restaurant.

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Counto

FEBRUARY 3, 2024

Managing Accounts Payable for Small Businesses In the world of small businesses and startups, managing accounts payable (AP) is a critical aspect of maintaining a healthy cash flow. Plus, we’ll explore the benefits of using automated software to streamline the accounts payable process.

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oAppsNet

DECEMBER 13, 2024

Accounts payable (AP) fraud is a growing threat to businesses of all sizes. Fraudsters are finding increasingly creative ways to exploit vulnerabilities within the accounts payable process, leading to significant financial losses for companies. Here are some common red flags of accounts payable fraud: 1.

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AvidXchange

JUNE 12, 2024

You may be wondering what types of accounts payable metrics your team can watch to help ensure your AP processes are efficient and consistently improving. This article will share 1 5 AP metrics that will help contribute to the overall success of your team, fostering a performance-oriented culture. 1.

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oAppsNet

OCTOBER 22, 2024

Accounts Payable (AP) is a critical business function. However, with technological advancements and changing business environments, the accounts payable landscape is rapidly evolving. However, with technological advancements and changing business environments, the accounts payable landscape is rapidly evolving.

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Counto

FEBRUARY 4, 2024

Accounts Payable Process: Overcoming Common Challenges with Automation Managing your accounts payable (AP) process effectively is crucial for maintaining smooth financial operations and vendor relationships. Slow Processing: Manual paper-based processes slow down your accounts payable workflow considerably.

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Nanonets

NOVEMBER 15, 2023

Switching to paperless  accounts payable  is intimidating. Based on the numbers, it is evident that a transition to a paperless accounts payable system is necessary. Could adopting a paperless accounts payable process be the solution? In this article, we'll delve into why it might be.

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Counto

FEBRUARY 3, 2024

Accounts Payable vs. Accounts Receivable: What’s The Difference? In the world of business finance, managing your accounts payable (AP) and accounts receivable (AR) is vital for maintaining a healthy financial outlook. Monthly debt payments, however, are typically recorded under accounts payable.

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NextProcess

JANUARY 12, 2024

10 Best Practices that Impact Accounts Payable Automation All around the world, mistakes happen in accounts payable departments every day. Since the accounts payable department handles money leaving the company, mistakes that happen here mean companies are losing money. But sometimes, errors can be costly.

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Counto

JANUARY 15, 2025

Simplify Your Bill and Salary Payments with Counto BillPay Try Counto BillPay, your all-in-one solution for bill payments, spend management, and accounts payable. Here are some articles you might find helpful: Airwallex vs Aspire Business licences and permits Cashback credit cards SSIC codes Do I need to register for GST?

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Accounting Tools

JULY 16, 2024

What is the Accounts Payable Turnover Ratio? Accounts payable turnover is a ratio that measures the speed with which a company pays its suppliers. In the beginning of this period, the beginning accounts payable balance was $800,000, and the ending balance was $884,000. times during the past year.

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Compleatable

JANUARY 30, 2025

So what is the conclusion of this article? Add-on solutions are needed to plug the gaps in accounting and ERP solutions. If I cannot access that data now and from any device including mobile, then it isn’t for me! If finance teams are using slow, out of data processes or technology, then it is holding businesses back!

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oAppsNet

APRIL 15, 2024

In the dynamic landscape of corporate finance, the role of accounts payable (AP) professionals are evolving rapidly. In this comprehensive article, we’ll explore nine critical ways in which the role of AP professionals is expected to change in 2024 and the implications for individuals and organizations alike.

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AvidXchange

FEBRUARY 7, 2025

Accounting APIs connect your accounting software or enterprise resource planning (ERP) system with other software used within your organization. For example, you may be able to use an API to connect your procurement system and your accounts payable (AP) software to enable purchase order and invoice matching.

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oAppsNet

OCTOBER 24, 2024

Accounts payable (AP) is a critical part of every business, but let’s be honest—it can also be tedious, repetitive, and prone to errors if done manually. If you’re wondering what tasks you can automate in your accounts payable process (and how it can transform your business), you’ve come to the right place.

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Counto

JANUARY 15, 2025

Counto is dedicated to helping small businesses thrive by offering Counto BillPay, a complimentary all-in-one solution for bill payments, spend management, and accounts payable. Automate Your Payment Process: One of the best ways to ensure payments are always made on time is to automate your accounts payable system.

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oAppsNet

APRIL 9, 2024

As we enter 2024, the landscape of accounts payable (AP) departments is poised for significant transformation. This article will explore nine key ways AP departments are expected to change in 2024 and the implications for individuals and organizations.

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oAppsNet

OCTOBER 10, 2024

When you think of accounts payable (AP), you probably think of invoices, payments, and managing vendor relationships. In this article, we will dive into why operational analytics is necessary for your accounts payable process, how it can improve efficiency, and what you need to do to use it to your advantage.

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Nanonets

NOVEMBER 14, 2023

Accounts Payable (AP) processes are an important function for every business, overseeing the outgoing payments to suppliers and vendors. Accounts Payable Steps Which Can Be Automated As with functions with the AP process, individual steps of the AP process can also be automated. billion in 2021 to USD 7.5

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Nanonets

JANUARY 25, 2024

Automating accounts payable (AP) differs from many other enterprise business processes. For that reason, relevant communities and resources for accounts payable extend beyond finance. For that reason, relevant communities and resources for accounts payable extend beyond finance.

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Accounting Tools

JULY 7, 2024

An accounts payable system pays the bills of a business in an organized manner. Buy an off-the-shelf accounting software package that contains an accounts payable module. Enter each invoice into the accounts payable system. The following steps can be used to set up such a system: Select software.

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AvidXchange

DECEMBER 20, 2024

Creating 1099 reporting is one task that can take less time with accounts payable (AP) automation. Consult with your tax accountant before making decisions on completing or filing any tax forms. Tax season is a busy time for finance departments. Learn More About AP Automation What is a 1099?

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Counto

FEBRUARY 19, 2025

Mid article callouts Counto is dedicated to helping small businesses thrive by offering Counto BillPay, a complimentary all-in-one solution for bill payments, spend management, and accounts payable. Increased Business Growth Potential Good credit standing allows businesses to scale operations with financial confidence.

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Counto

FEBRUARY 19, 2025

Simplify Your Bill and Salary Payments with Counto BillPay Try Counto BillPay, your all-in-one solution for bill payments, spend management, and accounts payable. Streamline your finances today. Learn more here. How to Protect Your Business from Bill Payment Fraud 1. Automate your financial processes with our intelligent AI.

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Counto

DECEMBER 7, 2024

Not Reconciling Accounts Payable and Receivable Why This Happens: In the rush of running a business, SMEs in Singapore often overlook regular reconciliation, leading to discrepancies that can affect cash flow. Solution: Regularly reconcile your accounts payable and receivable to avoid surprises and maintain accurate financial reports.

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