Ascend Software blog

MAY 23, 2023

In the realm of financial operations, accounts payable holds a crucial role. Managing invoices, payments, and vendor relationships can be a complex and labor-intensive process, prone to various pains that hinder efficiency and accuracy. However, it is not without its fair share of challenges.

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Xero

MAY 15, 2024

This guest blog was written by the team at app partner, Airwallex. Airwallex is excited to announce the release of its new Airwallex Bill Pay solution, taking hours out of paying invoices and automating the entire process in one place. All these workflows require time (and dollars) for teams to maintain.

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Counto

NOVEMBER 2, 2024

Effective Management of Large Numbers of Invoices for Singapore SMEs Managing a high volume of invoices can be a daunting task for small and medium enterprises (SMEs) in Singapore. However, with the right strategies and tools, businesses can streamline their invoicing processes and improve efficiency.

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Invoicera

JANUARY 25, 2024

Summary While paper invoices have served their purpose well over the years, they also posed challenges related to storage, retrieval, and environmental impact. Yes, paperless invoicing is better than paper invoices as it reduces environmental impact compared to paper invoices. Let’s begin.

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AvidXchange

SEPTEMBER 4, 2024

Table of Contents: What is Invoice Management Software? | Why Consider Invoice Management Software? | Download Our Invoice Management Software Checklist What is Invoice Management Software? By automating these tasks, businesses can allocate more time to other critical functions while ensuring timely payments to suppliers.

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Invoicera

JANUARY 2, 2024

Introduction Have you ever been overwhelmed by stacks of paperwork, especially when sorting through invoices? Picture this: reducing your time on invoicing, eliminating manual/human errors, and getting your payments quicker. Statistics show businesses waste an average of 21 hours every week on manual invoicing processes.

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Invoicera

MARCH 11, 2024

If you are also one of them, you must be looking for invoicing software to send timely invoices to your clients. But you might also want to customize invoices to fit your brand image. Thus, you need two-in-one software that offers automated invoicing with tailored solutions. We hope your search will end here! Let’s begin.

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Invoicera

DECEMBER 25, 2023

Introduction Efficient financial management in any business stands as a cornerstone of success. Invoicing software is your future-ready solution to make this process automated, error-free, quick & efficient. Are we tailoring our invoicing system to address our unique business needs? What Is A Custom Invoicing Software?

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Invoicera

JULY 10, 2023

To streamline this process, businesses are embracing automated invoicing, which facilitates efficient expense management while saving valuable time you would have otherwise spent on manual invoicing. You can manage your multiple invoices and clients through one centralized platform.

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Compleatable

NOVEMBER 8, 2024

By automating the time-consuming process of handling invoices, payments, and procurement workflows, organisations can save time, cut costs, and gain clear insights into their financial operations. Clear Visibility : Everyone knows where each invoice stands, and there’s no scrambling for information.

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Invoicera

JULY 10, 2023

To streamline this process, businesses are embracing automated invoicing, which facilitates efficient expense management while saving valuable time you would have otherwise spent on manual invoicing. You can manage your multiple invoices and clients through one centralized platform.

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Invoicing Invoice Processing Budgeting Record Keeping 52

Invoicera

JUNE 5, 2023

As a travel agency, managing invoices can be a complex and time-consuming task. However, with the rise of online invoicing software, the invoicing process has become easier and more streamlined. Invoicing software with customizable templates lets organizations create professional-looking invoices tailored to their needs.

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Invoicera

MARCH 29, 2024

Introduction Small businesses offering professional services must invoice their clients frequently to get paid faster. 61% of invoice late payments are the result of incorrect invoicing. Source: Amalto A service invoice must include all the necessary details to make a self-explanatory invoice. Did you know?

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Nanonets

JANUARY 1, 2024

A billing scheme is a fraudulent disbursement scheme in which a person causes their employer to issue payment by submitting invoices for fictitious goods or services, inflated invoices, or invoices for personal purchases.    What is an Invoice Audit?   Who Conducts an Invoice Audit? 

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Outsourced Bookeeping

DECEMBER 22, 2023

In the ever-evolving context of corporate operations, effective invoice processing is essential to the smooth running of financial workflows. To meet the constantly changing needs of contemporary businesses, finding the finest invoice processing solutions becomes even more important as we approach 2024.

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Invoicera

DECEMBER 19, 2023

Introduction Have you ever found yourself juggling incomplete payments on your invoices? Imagine sending out a substantial invoice for a project, eagerly anticipating the full payment to fuel your operations, only to receive a fraction of the expected amount. What challenges do they pose in financial management?

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Invoicera

JUNE 5, 2023

As a travel agency, managing invoices can be a complex and time-consuming task. However, with the rise of online invoicing software, the invoicing process has become easier and more streamlined. Invoicing software with customizable templates lets organizations create professional-looking invoices tailored to their needs.

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Invoicing Outgoing Payments Invoice Processing Accounting Software 52

Cevinio

FEBRUARY 1, 2024

This encompasses a range of tasks, from sending invoices and confirming their receipt to chasing overdue payments and updating customer records. These are the questions we address in this blog. With automation, you no longer send out “wrong” invoices that could trigger late payments. What is Accounts Receivable Automation?

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Outsourced Bookeeping

JUNE 19, 2023

One of the most significant elements of managing a successful business is effective invoice handling. Many companies use QuickBooks , a well-known accounting programme that provides an array of tools to simplify invoice administration, to address these issues.

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Compleatable

MARCH 31, 2023

In this blog post, we will discuss these benefits in more detail and explain how automating accounts payable can help your business save time and money. Increased Efficiency By automating the accounts payable process, companies can significantly reduce the amount of time and effort required to process invoices.

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Nanonets

NOVEMBER 20, 2023

In the ever-evolving landscape of financial operations, the heartbeat of every successful business is a streamlined and error-free invoice approval workflow. What is an Invoice Approval Workflow? This helps ensure that the goods or services were indeed ordered, received, and invoiced accurately.

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Invoicera

DECEMBER 19, 2023

Introduction Have you ever found yourself juggling incomplete payments on your invoices? Imagine sending out a substantial invoice for a project, eagerly anticipating the full payment to fuel your operations, only to receive a fraction of the expected amount. What challenges do they pose in financial management?

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Invoicera

NOVEMBER 8, 2024

A study by Atradius revealed that 48% of B2B invoices in the U.S. are paid late, impacting the financial health of businesses. Data collected from PYMNTS shows that 90% of companies that have adopted AP automation claim to have saved up to five days in invoice processing. 13 top AR and AP software solutions.

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Intuit

MAY 8, 2023

Once adopted, the teams meet weekly with their adopted businesses to engage themselves in the behind-the-scenes work of running a business, completing tasks such as: invoicing, data entry, reconciliations, and payroll. The post Scaling the Adopt a Small Business program appeared first on Intuit Blog.

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Compleatable

NOVEMBER 15, 2024

Streamlining the PO Matching Process One of the most labour-intensive tasks in finance is matching purchase orders (POs) with invoices. These tools can even handle multi-page invoices and recognise variations in item names, quantities, and costs, cutting down significantly on manual workload.

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Accounts Payable Accounts Payable AP Accounting 100

Counto

NOVEMBER 10, 2024

What Every Singapore Restaurant Owner Should Know About GST Understanding Goods and Services Tax (GST) is crucial for restaurant owners in Singapore, as it directly impacts pricing, compliance, and overall financial management. Example : A restaurant receives an invoice for S$300 for fresh produce, which includes S$21 in GST.

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Invoicera

SEPTEMBER 10, 2023

This blog post aims to discuss every difficulty associated with paper-based payments and explore the transformative potential of digital payments. As a takeaway solution, you will get familiar with the modern finance management system Invoicera and how to implement it to help you manage your digital payments and other financial operations.

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Nanonets

AUGUST 11, 2024

Quickbooks is an accounting software that helps small and medium businesses perform financial operations such as expense tracking, reconciliation, and invoicing. Quickbooks imports transaction data from uploaded bank statements to perform financial operations.

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Counto

FEBRUARY 3, 2024

In this blog post, we’ll explore practical steps to help you minimise payment delays and maintain a healthy financial position. Step 1: Establish Clear Terms and Conditions Before you send out an invoice, ensure you have a written record of your terms and conditions.

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MineralTree

JANUARY 25, 2024

This blog takes a deeper dive into 7 accounts payable trends that will help shape 2024. AP automation remains a top priority because it provides substantial operational efficiencies and helps teams track payment flows and gain control over payment transaction timing. For finance professionals, understanding this landscape is crucial.

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Invoicera

SEPTEMBER 10, 2023

This blog post aims to discuss every difficulty associated with paper-based payments and explore the transformative potential of digital payments. As a takeaway solution, you will get familiar with the modern finance management system Invoicera and how to implement it to help you manage your digital payments and other financial operations.

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Invoicing Billing Financial Operations Financial Operations 52

Cevinio

OCTOBER 17, 2023

Once considered a back-office function primarily focused on processing invoices and making payments, AP has now emerged as a strategic business partner at the forefront of financial automation. One of the primary issues was the sheer volume of invoices and data that had to be processed manually.

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MineralTree

OCTOBER 26, 2023

Automation is reshaping the way companies manage their financial operations, especially in accounts payable (AP). In this blog post, we’ll dive into the transformative world of AP technology to explore its role in modern financial operations and how it can help businesses save time and money.

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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. Every time an invoice passes through multiple hands, it increases the risk of errors and delays.

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Invoicera

AUGUST 6, 2023

However, it might be challenging to handle this process effectively, especially if you have hundreds of invoices. So, what is the solution to managing Bills Payable and multiple invoices simultaneously? This blog post covers everything about bills payable and the solution to manage them efficiently. Let’s dive in.

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AvidXchange

AUGUST 27, 2024

Manual AP processes are often filled with time-consuming tasks such as data entry, invoice matching, and manual approval routing. Manual processing involves labor-intensive tasks that require time and resources, leading to higher operational costs.

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Nanonets

SEPTEMBER 29, 2023

According to the American Productivity and Quality Center (APQC), the world’s top performing organizations receive an invoice and schedule payment in 2.8 This in turn reflects not just a company’s process excellence and collaboration, but also its cash flow management and financial health. days or faster.

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