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KPMG, PwC, EY To Put $9B Toward AI, Data Tech

PYMNTS

The largest accounting firms – EY, Deloitte, KPMG and PwC – are investing billions of dollars in artificial intelligence (AI) and data technology products to change the industry in new ways, according to a report by Bloomberg Tax. “Many of the routine jobs will go as areas such as invoice processing are automated.

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Today In B2B: Revolut Debuts New Business Feature; MonetaGo Targets Trade Finance Fraud

PYMNTS

Through 100 percent invoice integration, the service boasts improvements to savings, and offers a compliance audit feature that can help vendors cut spending. ImagineTime, Mango Billing Partner On Digital Accounting. MonetaGo, GUUD Team On Secure Transactions.

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Xero Overhauls Payments For Faster Transactions

PYMNTS

New Zealand’s cloud-based accounting firm Xero is overhauling payments to integrate with TransferWise , Stripe and GoCardless , Xero said in a press release Wednesday (Nov. to set up card and debit payments for customer invoices and bills. GoCardless allows for Direct Debit payments and installment payments for invoices.

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Entryless Integrates With Sage Live To Help SMBs

PYMNTS

This integration will improve companies’ ability to pay bills and complete accounts seamlessly. In a press release, Entryless said businesses using this integration will be able to send bills and purchase invoices in any format to Entryless, which will then be captured in image form by Entryless.

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What are Some Business Fraud Examples?

CFO Share

What harm is it to slip in a $500 “freight” invoice to a new supplier who happens to share an address with Janet’s boyfriend? Proper payroll accounting system includes: . Routine payroll audits. Tax enforcement is on the rise, increasing the risk of an audit finding. No one will notice that missing cash flow.

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Beyond the pandemic: How finance continues or kick-starts RPA implementation

Future CFO

For instance, invoice processing can be a very labour-intensive workflow. You need to prepare an invoice and send it to a customer. With the use of automation capabilities in handling invoices, administrative processes become seamless and smoother, especially for closing and servicing processes.

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Best Practices from the CFO Suite

BlueLight

Security and Audit ?—?NetSuite NetSuite role-based permission can be very granular and includes audit trails illustrating who made field level changes including before and after data element changes. Billing and invoicing software: Bill.com ?—?Cloud-based Accounting ?—?Nearly Application Access? —?NetSuite

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