Remove Accounting Remove Accounts Payable Remove Compliance Remove Financial Systems
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Kofax Adds New AI Features For Accounts Payable

PYMNTS

Intelligent automation supplier Kofax has announced new innovations for its invoice and accounts payable (AP) solutions, according to a press release. That lets banks and other financial institutions cut down on times for processing, boost compliance and bolster productivity.

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The Role of Controller: Why Systems Trump Strategy

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Without the accurate oversight of revenue, accounts payable, inventory, and billing, a business could go from burgeoning to bust. A controller acts as one of these key players, routinely analyzing and monitoring a company’s financial standing. The post The Role of Controller: Why Systems Trump Strategy appeared first on.

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Why The Paper Deluge Doesn't End With Digitization

PYMNTS

That's particularly true for finance teams like accounts payable , accounting or payroll. Bad habits of saving important documents any old place, and assuming you and coworkers can easily find them later, rarely flies in industries where compliance is key.". Take the electronic invoice, for example.

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Ancora On Streamlining AP Processes With Machine Learning

PYMNTS

The drive to eliminate paper in the accounts payable process, to cut the steps that lead to inefficiencies, continues to get a boost from technology. With an automated workflow process, the manual approval of invoices is eliminated and strict business rules can be applied to the process for compliance reasons.

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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. CFOs play a pivotal role in strategic decision-making, ensuring the financial health and stability of the business.

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Candex Raises VC To Help Businesses Pay For Gig Services With Blockchain

PYMNTS

The rise of the gig economy means companies can access a wide array of vendors, but an increasing volume of suppliers can lead to complications in the accounts payable department, the company explained, adding that the average large enterprise sees 90 percent of service vendors accounting for just 5 percent of overall spend.

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Comptroller vs. Controller: What Is the Difference?

Michigan CFO

In the United States, a comptroller is a senior-level executive in charge of an organization’s accounting operations in the public sector. They all play vital roles in the financial industry, overseeing revenue estimation, accounting, tax collection, treasury, etc. Financial reports and records. Chart of Accounts.