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Challenges and opportunities in the automation of accounts payables

Future CFO

FutureCFO spoke to Marcus Rex, managing director for Asia-Pacific, xSuite, for his perspective on how finance automation in general, and accounts payable in particularly, can help transform finance into a profit centre. Myths around accounts payable (AP) automation. Recurring pain points in accounts payables.

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AP/AR, Payments Yield To The Processing Might Of Automation

PYMNTS

There’s simply no longer the time or bandwidth for manual accounts payable (AP) and accounts receivable (AR). Such modernizations could help financial departments process invoices more quickly and easily.”. Since there’s no way back, the payments industry is now cutting new pathways. The poll of 325 U.S. A Digital Stampede.

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5 Excel-heavy Pain Points still Dragging down finance teams in 2024

The Finance Weekly

When you’re making small-talk with someone who isn’t in finance or accounting about how work is going, and they answer with “busy,” do you ever question how hard it really is? They have a five person accounting team who spend an unwieldy amount of time dumping data from NetSuite into Excel. These processes vary.

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ERP Data On The Front Lines Of Blockchain Adoption

PYMNTS

The solution is called Finlync SAP-DL Integrator , and the idea, said Finlync in an interview with PYMNTS, is that the ERP system is the central home to critical data like purchase orders and invoices, business partner payment information and the like. That speed is something which, simply, is not possible today.” A Realistic Approach.

SAP 57
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Four Key Insights from SAP Sapphire 2023

Bramasol

In some cases, a full-stack deployment makes sense however in other scenarios, companies may be best served by combining one or more specific applications such as Subscription Billing, Convergent Invoicing, Convergent Charging, Sales Order Management, Convergent Mediation, Sales & Distribution, etc.,

SAP 76
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PodChats with FutureCFO: The smarter way of collecting and allocating cash

Future CFO

In a time when liquidity is paramount, collection – also known as accounts receivables (AR) – is a major part of the cash conversion cycle that companies specifically keep a keen eye on. Then typically, you have to go back to the corporate treasury for more liquidity. Ross Mackay. That obviously comes with a certain cost.

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Data Dive, Spring Blooms Edition: Apple, Citi And Square

PYMNTS

The card will offer cash back rewards, tiered by spending type, paid instantly to the user’s “Daily Cash” account within Apple Wallet. Square Embraces Invoicing. Invoicing is hard for SMBs, and Square would like to help businesses design, manage and send invoices from anywhere.