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The Right (And Wrong) Way To Give Accounts Payable A High-Tech Overhaul

PYMNTS

Most companies today have at least some kind of automation in place within the accounts payable (AP) department. Automation in accounts payable can go a lot further, though, he said. uses in its accounts payable tool, FS2, to automate invoice processing, payments procedures and fraud analysis.

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The Cash Flow Connection To Accounts Receivable

PYMNTS

But even as FinTechs introduce solutions — from early payment discount programs to accounts receivable (AR) automation platforms — days sales outstanding (DSO) can continue to rise for many businesses. But that data is siloed and often unstructured. The AR-Cash Flow Connection. The Financial Consequences.

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The 7 Critical Finance Software for Your Companies Tech Stack

The Finance Weekly

From accounting and payroll management to budgeting and forecasting, finance is the reason and numbers behind every bit of data that passes through the organization. Here are the 7 best finance software solutions broken down into different categories: 1) Accounting. Perhaps there is no bigger name in accounting than Intuit.

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How Data Guides A New Era For The ERP

PYMNTS

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. Efforts to modernize procurement and accounts payable are also opportunities for data integration with the ERP.

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The Dual Purposes of Accounting and Fundraising Software

The Charity CFO

One of the most sought-after tools is a platform or software to integrate your fundraising and accounting data seamlessly. This makes it challenging to create technology that tracks data for fundraising purposes while still following accounting principles. So why does it seem so hard to find this unicorn platform?

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Finding A One-To-Many Connection In Supply Chain Payments

PYMNTS

When a transportation company provides proof-of-delivery in a paper document that is scanned and faxed to an organization, it’s difficult for relevant parties like accounts payable and financing firms to quickly see that information, too.

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What eInvoicing Standardization Could Mean For AP Automation

PYMNTS

That’s a major problem for businesses looking to improve their accounts payable operations, says IPS President and Chief Executive Officer Greg Bartels. Without standards, accounts payable departments can never be sure of the format in which they will receive supplier invoices.”. The problem for U.S.