Remove Accounts Payable Remove Invoicing Remove Planning Remove SAP
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Rein in rogue spending by automating accounts payable

Future CFO

To curb rogue spending, businesses need to rethink how the accounts payable (AP) process can be improved. Today, many businesses still rely on manual invoice processing, for example, using e-mails to gain approval for payment, and using Excel spreadsheets to keep track of the progress of each payment.

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Palette Unveils AP Automation Software For Construction Firms

PYMNTS

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.

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Centsoft Unveils AP Automation For Construction Industry

PYMNTS

To help project managers and administrators save time, Centsoft has unveiled an accounts payable (AP) automation technology for firms in the construction industry. Centsoft connects with different enterprise resource planning (ERP) technologies like SAP Business One, NetSuite, Dynamics 365 and QuickBooks.

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Zycus Rolls Out AI Bots For AP Automation

PYMNTS

In an effort to help companies reduce their accounts payable (AP) expenses, Zycus has rolled out artificial intelligence (AI)-powered bots for the last part of the procurement process, according to an announcement. Its technology also includes a supplier portal and an eInvoicing offering.

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How Pandemic Disruption Exposed The Value Of Data Integration

PYMNTS

With so many companies still relying on paper — particularly in areas like accounts payable (AP) in which paper invoices are received and paper purchase orders are sent — the conversation was not only about how to digitize that process, but potentially optimize that workflow, he said. ” Room for Improvement.

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The Developer’s Role In Driving eInvoice Standardization

PYMNTS

As the European Union continues its electronic invoicing journey, officials have come to understand the value of format standardization to streamline and simplify the process of generating and ingesting these documents. And last year, China’s Tencent revealed its own plans to wield blockchain to promote eInvoice standardization.

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The Hard-Dollar Value Of Buyer-Supplier Collaboration

PYMNTS

According to Kieley, even large, multinational organizations not yet large enough to deploy SAP or Oracle ERPs continue to rely on manual quote management processes. Often, said Kieley, that manual process leads to errors that can slow down the process through which companies pay their invoices. Automation’s Bottom Line Impact.