AvidXchange

APRIL 23, 2020

Electronic invoicing (e-invoicing) and payments (e-payments) are shifting from the “nice-to-have” to “need-it-now” list for many companies. Fortunately, electronic invoicing and payments free accounting staff from the constraints of their offices. This applies to AP and finance teams, too.

Invoicing 52

Invoicing AP Accounts Payable Accounts Payable 52

Nanonets

DECEMBER 11, 2023

Your accounts payable team – whose main function is to ensure funds are disbursed properly to vendors, business partners, and sometimes customers – processes an exorbitant number of invoices every single week. When done manually, processing an invoice can take days.   Top 10 Invoice Processing Solutions in 2024 1.

Invoice Processing 52

Invoice Processing Invoicing AP Accounts Payable 52

Gaviti

MARCH 21, 2023

There are many strategies to streamline invoice collection to get the money owed to your company quicker. Send invoices as soon as you have fulfilled your obligations and send a reminder about a week before the invoice is due. If an invoice goes unpaid, send an overdue invoice reminder sooner rather than later.

Collections 52

Collections Invoicing AR Collections AR 52

Invoicera

DECEMBER 30, 2024

Thus, the tech market offers many invoicing tools to make the job easy, and Zoho Books is one of them. Zoho Books is an India-based software that almost covers all the invoicing features, but there are people who are searching for alternatives. This blog will cover the nine best Zoho Invoice alternatives in 2025.

Invoicing 40

Invoicing Billing Accounting Software Bank Reconciliation 40

Gaviti

JANUARY 8, 2023

It adds an extra step to credit extension and A/R processes, but it saves organizations time they would otherwise spend hunting payments for invoices. They can collect more money faster and reduce delinquent invoices more efficiently. Requiring deposits for high-risk customers. Book a demo today to see how it works.

Collections 98

Collections Accounts Receivable Account Receivables Accounts Receivable 98

Nanonets

APRIL 30, 2024

QuickBooks offers a range of contractor payment options, but the base QuickBooks Online platform lets users quickly pay contractors via direct deposit and check. Paying Contractors through Direct Deposit Paying contractors through direct deposit with QuickBooks Online is just as simple.   Of course!

QuickBooks 52

QuickBooks Deposits Payroll Accounts Payable 52

Nanonets

APRIL 22, 2024

  QuickBooks offers a range of ways to receive payments, from simple (direct invoicing) to complex (like manual entries and physical card swipes) payments. QuickBooks offers two primary ways to receive payments: Invoice management on Quickbooks Online Additional add-on tool called QuickBooks payments. And that’s it!

QuickBooks 52

QuickBooks Deposits Invoicing Bank Reconciliation 52

Nanonets

APRIL 18, 2023

The ACH network checks the transaction and sends it to the receiver's bank for deposit. Once processed, funds are deposited into the receiver's account, which takes 1-2 business days to complete. Book a 30-min live demo to see how Nanonets can help your team implement end-to-end AP automation.

AP 52

AP Accounts Payable Accounts Payable Deposits 52

Remote Quality Bookkeeping

NOVEMBER 16, 2023

By separating this job function, or using professional bookkeeping services to take it completely out-of-house, you reduce the chance that incoming payments and invoices can be altered without your knowledge. #2. Our Experts Are Ready Book your free demo today to learn how a virtual bookkeeper can save you time and money for your business.

Bookkeeping Services 52

Bookkeeping Services Virtual Bookkeeping Bookkeeping Deposits 52

Remote Quality Bookkeeping

NOVEMBER 16, 2023

By separating this job function, or using professional bookkeeping services to take it completely out-of-house, you reduce the chance that incoming payments and invoices can be altered without your knowledge. #2. Our Experts Are Ready Book your free demo today to learn how a virtual bookkeeper can save you time and money for your business.

Bookkeeping Services 52

Bookkeeping Services Virtual Bookkeeping Bookkeeping Deposits 52

Nanonets

JANUARY 31, 2024

Read to learn more: Month-End Account Reconciliation Reconciliation is the process of matching the company’s general ledger with payments and deposits recorded in documents like bank statements, credit card statements, or invoices. Refunds: Bank transactions can be refunded, or your deposits can be withheld due to disputes.

General Ledger 52

General Ledger Bank Reconciliation Reconciling Deposits 52

Nanonets

JANUARY 28, 2024

Outstanding Payments & Deposits Due to banking delays, outstanding checks and deposits-in-transit aren’t recorded in the bank statement or can be recorded after the closing date. If you are looking to automate your bank reconciliation process, set up a demo call with our experts to automate your workflows using Nanonets.

QuickBooks 52

QuickBooks Bank Reconciliation Reconciling Deposits 52

Invoicera

DECEMBER 31, 2023

Improved Workflow Automation optimizes workflow by creating a seamless process for invoicing, expense tracking, and financial reporting tasks. Invoice Processing: From Chaos to Clarity Automation streamlines the invoice processing journey. Cost Savings Manual accounting processes not only consume time but also money.

Data Entry 59

Data Entry Accounting Accounting Purchase Order 59

Nanonets

MARCH 24, 2023

This payment method is widely used for direct deposit of payroll, payment of bills, and business-to-business payments. Book a 30-min live demo to see how Nanonets can help your team implement end-to-end AP automation. Schedule a Demo Make efficient, fast ACH transfers with Flow. Book a 30-min live demo now.

Accounts Payable 52

Accounts Payable Accounts Payable AP Deposits 52

Invoicera

DECEMBER 12, 2023

Online Invoicing Revamp your invoicing strategy with Invoicera’s personalized templates, which enable you to give your brand a unique touch in every invoice. Recurring Billing Bid farewell to the hassle of repetitive invoicing tasks with Invoicera’s automated recurring billing feature.

QuickBooks 59

QuickBooks Invoicing Payroll Billing 59

Nanonets

SEPTEMBER 28, 2023

Here are some of the most common: ACH (Automated Clearing House) Transfers Wire Transfers Credit Card/ Debit Card Transactions as EFT Mobile Payments Electronic Checks (eChecks) Point-of-Sale (POS) Payments Direct Deposits Recurring Payments EFT accounts can be checking or savings. Savings accounts earn interest on the money you deposit.

Deposits 52

Deposits Billing Computation Accounts Payable 52

Nanonets

MARCH 21, 2023

ACH is most commonly used for direct deposit of payroll, payment of bills, and business-to-business payments. Book a 30-min live demo to see how Nanonets can help your team implement end-to-end AP automation. Book a 30-min live demo now. Schedule a Demo How much does an ACH transfer cost? Book a 30-min live demo now.

Deposits 52

Deposits AP Accounts Payable Accounts Payable 52

Spenmo

NOVEMBER 8, 2022

These include the usage of paper invoices, even typing transaction details one by one, and even the process of accounting reconciliations. Typically, the bill payment process is very rigid, where the payment will only move along when the purchase order (PO) and invoice is received. Read on to find out more.

Accounts Payable 52

Accounts Payable Accounts Payable Accounting Accounting 52

Nanonets

JANUARY 8, 2024

However, let's understand the manual bank reconciliation process once: Step 1: Gather documents On the bank side, you need the bank statements, outstanding checks, deposits, and any pending transactions. Match the deposits in the two statements. They have to be adjusted as shown in the next steps.

Bank Reconciliation 52

Bank Reconciliation Deposits Reconciling Financial Records 52

Nanonets

JANUARY 8, 2024

However, let's understand the manual bank reconciliation process once: Step 1: Gather documents On the bank side, you need the bank statements, outstanding checks, deposits, and any pending transactions. Match the deposits in the two statements. They have to be adjusted as shown in the next steps.

Bank Reconciliation 52

Bank Reconciliation Deposits Reconciling Accounting 52

MineralTree

MAY 18, 2023

Fraudsters typically accomplish this by faking vendor invoices or recipient payment information. In some cases, the fraudster may also intercept a check and then deposit it into their own account before it reaches the intended recipient. This involves tracking POs and linking them to vendor invoices.

AP 72

AP Invoicing Accounts Payable Accounts Payable 72

Gaviti

NOVEMBER 16, 2023

One of the most effective ways of increasing your company’s cash flow is by ensuring that customers pay their invoices on time. It can also impact your: Invoice-to-cash cycle. Invoice financing and invoice factoring are available for companies to receive immediate cash in turn for selling unpaid invoices.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables Accounting 52

Nanonets

APRIL 29, 2024

While limited in some respects, users can send invoices or payment requests directly to customers and clients and get paid via PayPal, credit/debit card , ACH, Apple Pay, and even Venmo. From there, assuming you aren’t paying directly from an invoice or existing document, click Add Bill in the top rightmost corner.

QuickBooks 52

QuickBooks Purchase Order Billing Computation 52

Nanonets

JULY 24, 2024

Conversely, crediting an account involves recording an amount added or deposited, which increases the account balance. Book a 30-min live demo now. Automate invoice payments with AI. Book a 30-min live demo now. Nanonets is an AI-powered Accounts Payable solution that makes it easy to automate your invoicing and payments.

Accounts Payable 52

Accounts Payable Accounts Payable Accounting Accounting 52

Nanonets

JANUARY 29, 2024

Cleared Balance - This begins from the opening balance in the previous screen plus any finance charges added, along with all cleared deposits minus cleared payments. Here are some tips to make it easier for you: Sort by transaction type: Begin by matching deposits and then payments. This organization can reduce confusion.

QuickBooks 52

QuickBooks General Ledger Reconciling Deposits 52

Nanonets

MAY 8, 2023

This can be in the form of invoices , bills , or other types of documentation. Invoices are the most common type of accounts receivable. When a company provides goods or services to a customer, it will send an invoice to the customer detailing the amount owed. Book a 20-min live demo now. No code is required.

Accounts Receivable 52

Accounts Receivable Account Receivables Accounts Receivable AR 52

Gaviti

SEPTEMBER 7, 2022

For example, some customers prefer to pay by cash, while others want to use direct deposits. Your invoices should be accurate and clearly state the payment terms. Add all this information to your invoices and make it easy to find on your website. Book a free demo to try it for yourself.

Collections 52

Collections Accounts Receivable Accounts Receivable Account Receivables 52

Invoicera

MAY 13, 2024

Track Every Dollar & Optimize Costs Get A Free Trial Book Free Demo Debt Reduction: Businesses can utilize their retained earnings in various ways. You can customize the invoice designs, set repeat billings, and send payment reminders to customers automatically, ensuring you get paid on time.

Financial Reporting 52

Financial Reporting Financial Statements Invoicing Accounting Software 52

MineralTree

NOVEMBER 10, 2022

A duplicate payment occurs when a company makes the same payment twice for the same invoice or bill. In fact, companies waste between 1%- 3% of their budget on duplicate or incorrect invoices, leading 16% of financial leaders to indicate that duplicate payments are a top issue for their team. Streamline How You Receive Invoices.

AP 52

AP Invoicing AR Accounts Payable 52

Invoicera

DECEMBER 14, 2023

Automate Invoicing & Save Money With Invoicera Get A Free Trial Book Free Demo Different Types Of Employee Expense Management Software Employee expense management software comes in various formats, each tailored to meet different needs and preferences. Tired Of Manual Errors And Costly Mistakes?

Expense Reports 52

Expense Reports Invoicing Data Entry Budgeting 52

Nanonets

MAY 30, 2023

Schedule a Demo Benefits of ePayments The obvious benefit of electronic payments to both businesses and individuals is convenience.  Less Efficiency: ePayment systems do not require waiting in long queues in ATMs and banks to withdraw cash or deposit checks.   per check avoided.  

Accounts Payable 52

Accounts Payable Accounts Payable Purchase Order AP 52

Nanonets

APRIL 4, 2023

Try Nanonets to get access to 24x7 support and pay your invoices without leaving Nanonets. Try Nanonets Now Schedule a Demo Cash Basis Accounting in Excel Cash-basis accounting means that you track your business’ income and expenses by following the cash. Are you looking to automate accounting processes?

Small Business Accounting 52

Small Business Accounting Accruals Accounting Accounting 52

Invoicera

SEPTEMBER 13, 2024

Invoicera Invoicera is a powerful invoicing and billing platform that goes beyond basic invoicing, offering a wide range of features to help businesses manage their finances more efficiently. Key Features Automated Invoicing: Automate the creation of invoices at fixed intervals and monitor payments in real time.

AP 52

AP Billing Invoicing Accounts Payable 52

5 Minute Bookkeeping

OCTOBER 28, 2021

Client collaboration: Client Hub (use discount code vwasek5mb to receive 50% off your first 3 months), or Keeper (use this link to book a demo, and use my affiliate code: VMWasek to receive 3 months of free white labelling). 1: Service agreement, invoice, and welcome message. Document storage and document management: Box.

Bookkeeping 52

Bookkeeping Virtual Bookkeeping QuickBooks Accounts Payable 52

Future Firm

AUGUST 22, 2022

Time & Billing When I ran my firm , time tracking wasn’t a priority and as a result I never did any billing through my accounting firm workflow management software (invoicing & billing was monthly recurring set it and forget it). Billing (where invoices can be raised and tracked). All time invoiced. Set a timer.

Accounting 105

Accounting Accounting QuickBooks Accounting Software 105

Invoicera

MARCH 6, 2024

From expense tracking and reporting to invoice generation, this tool provides businesses with a one-stop solution for managing expenses efficiently. Automation Capabilities: Automate recurring invoices and payments, saving time and reducing errors. Top 10 Financial Management Tools 1. Features 1. Struggling To Manage Global Clients?

Expense Reports 52

Expense Reports Invoicing Billing Petty cash 52

Nanonets

JUNE 15, 2023

Accounting automation solutions can handle tasks like depositing funds, calculating pay, syncing with time-tracking software, and managing payroll taxes. Accelerated Accounts Payable Processing: AP automation systems can streamline invoice processing and approvals. This helps identify overdue payments and high-risk customers.

Purchase Order 52

Purchase Order Accounting Accounting AR 52