PYMNTS

AUGUST 12, 2020

Palette Software unveiled accounts payable (AP) automation technology that is designed for firms in the construction and engineering industries and run on the cloud, according to an announcement. Finance administrators and project managers both benefit from automation of the accounts payable process.

Construction

PYMNTS

MARCH 31, 2020

The solution identifies fraud and risk, bolsters decision making, automates manual work and eliminates accounts payable (AP) process errors. The technology works in the background to provide correct approval routing and general ledger (GL) coding at the bill as well as bill line level.

Accounts Payable

The Finance Weekly

NOVEMBER 3, 2021

Account reconciliation is the matching and validating of balances in the general ledger (GL) to internal and external sources or other independent calculations to accurately close month-ends and year-ends. For both internal and external sources, each balance has to match the corresponding account in the general ledger.

Reconciliations

Planful

FEBRUARY 16, 2017

That being said, they’re not an appropriate solution for enterprise accounting or financial reporting. These systems are designed to automatically load data from multiple general ledgers (GL) and other sources – both on-premises and in the cloud. That can be challenging, as regulations continue to evolve.

Numbers