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Automate Or Stagnate: The Choice Accounts Payable Departments Face

PYMNTS

This stumbling block to innovation is often visible in accounts payable (AP) departments, Corcentric SVP of Sales Daniel Andrew told PYMNTS in a recent conversation. Manual, paper-based invoicing systems are objectively worse in every metric when stacked against automated, digital AP systems that leverage straight-through processing.

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Basware Shifts SMB Procurement Tech Into New Business Unit

PYMNTS

15), Basware said it has launched InvoiceReady, a “distinct business unit” within Basware that will offer the company’s existing SMB procure-to-pay and accounts payable (AP) product suite. In a press release on Wednesday (Jan. I believe there is more potential in this business.”

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Financial Metric Madness: How SMBs Can Set Meaningful KPIs for Their Business as Part of Their Financial Reporting and Analysis Process

Centage

It offers a critical benchmark for comparison enabling stakeholders to see progress or areas of weakness within a given timeframe. By leveraging the power of KPI and KPI analytics as part of the financial reporting and analysis process, SMBs can uncover the best ways to grow and positively impact their organization’s bottom line.

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Shared services raise the efficiency of the finance function

Future CFO

In the finance function, basic accounting processes like accounts payable, payroll and purchasing are often allocated under the shared services model. This allows the organisation’s core finance and accounting (F&A) operations to concentrate on more strategic work, such as financial analysis and planning.

Finance 52
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What is a Virtual CFO? A Guide for Businesses

Michigan CFO

Their primary duties include financial planning, analysis, risk management, financial reporting, and leadership of the finance & accounting team. Virtual CFOs leverage cloud-based accounting systems, collaborative tools, and remote communication to provide financial services to businesses on a part-time or “fractional” basis.

CFO 52
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Change Management: The Modern CFO’s Blueprint 

CFO Talks

The CFO needs to consider how AI can be leveraged not just for automating routine tasks, but also for providing deeper insights into financial forecasting, risk management, and strategic decision-making. Leveraging Technology for Communication In today’s digital age, leveraging technology to communicate the finance agenda is crucial.

CFO 52
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Looking Beyond ePayments In Accounts Payable

PYMNTS

With adoption rates now rising, accounts payable (AP) departments have improved their positions within the enterprise as strategic functions, with the potential to offer greater insight into company operations. Other benchmarks of progress will take longer. less to process a single invoice. less to process a single invoice.