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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 7 Critical Finance Software for Your Companies Tech Stack

The Finance Weekly

Datarails covers all of the bases of what finance professionals look for in FP&A software: It automates manual data work, provides in-depth dashboards and analytics, and greatly improves budgeting and forecasting processes across the organization. 5) Accounts Payable. Accounts Payable 2nd Choice: , bill.com.

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Efficiency First: Tech Trends for Finance Teams in 2023

The Finance Weekly

In 2023, organizations may focus on investing in technology that addresses specific pain points and offers a clear return on investment, such as spend management or accounts payable, rather than broader, more comprehensive investments like enterprise resource planning platforms, according to Born. “I

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How Data Guides A New Era For The ERP

PYMNTS

Efforts to modernize procurement and accounts payable are also opportunities for data integration with the ERP. These applications tend to back right into the General Ledger, the central financial data repository at the heart or ERP core financials,” he said.

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Tradeshift Taps Genpact To Broaden AP Automation Offerings

PYMNTS

Genpact will provide artificial intelligence , machine learning, robotic process automation, analytics and other technologies, while Tradeshift will connect joint customers to enterprise apps to support digitization and automation of accounts payable, procurement and supplier management operations for streamlined procure-to-pay.

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The Cash Flow Connection To Accounts Receivable

PYMNTS

Further, it’s even rarer for an organization’s AR ecosystem to integrate directly with other financial processes through which cash flows, including accounts payable (AP). The AR-Cash Flow Connection.

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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.