PYMNTS

SEPTEMBER 22, 2020

Companies will have easy access to real-time reporting, expense capture, policy management and approvals, general ledger sync and analytics, improving on old ways that could be more cumbersome, according to the release.

General Ledger

PYMNTS

AUGUST 12, 2020

In addition, project managers don’t need to find certain projects by general ledger (GL) account code numbers; instead, they can locate them by name. As a result, administrators and approvers have a faster way to take care of problems. Administrators can also provide some access to the search system to auditors.

Construction

Bramasol

JANUARY 18, 2024

On one hand, the proven nature of SaaS has paved the way for widespread acceptance across both B2B and B2C markets. In this situation, one source document triggers the creation of two separate journal entries directly in the general ledger. This provides the basis for real-time matching of revenue and cost.

Compliance

PYMNTS

JANUARY 26, 2018

The core of the close process remains the same: corroborate the numbers in the general ledger,” explained Feinstein. But it would be a lot more efficient if close management apps were able to connect directly to the bank and reconcile transactions with the data in the GL [general ledger] system,” he continued.

General Ledger

PYMNTS

NOVEMBER 2, 2018

An expansion of its existing integration will introduce enhanced General Ledger Interface mapping via Accountant Connect, allowing accountants to seamlessly link into and interface with QuickBooks and other accounting platforms to manage their small business (SMB) clients’ finances.

General Ledger

PYMNTS

DECEMBER 18, 2018

17), Paychex said its General Ledger Service (GLS) now integrates into QuickBooks Online for faster access to key data for both small businesses and their accountants. Human resources and payroll management solution provider Paychex is integrating its data into QuickBooks Online to synchronize data for joint customers in real time.

General Ledger

PYMNTS

APRIL 7, 2020

The program can be used for everything from intercompany transactions, accounts payable and receivable, travel and entertainment (T&E) reporting, bank clearing and lockbox to general ledger cash accounts. The Transaction Matching software goes hand-in-hand with OneStream’s existing Account Reconciliation.

Reconciliations

PYMNTS

MARCH 10, 2020

In B2B FinTech, spend management is a greenfield opportunity as innovators explore how to help corporates understand the nuances of how money flows out of the enterprise. It’s a whole mess of trying to wrangle data sitting in multiple different systems.”.

Accounts Payable

PYMNTS

MARCH 31, 2020

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. .” Tipalti Pi is created to help during the payable process such as by optimizing payables workflow. It learns to register bill fields for line-level charges.

Accounts Payable

PYMNTS

FEBRUARY 13, 2019

“You won’t just crack open your general ledger to a CRM database guy.” . “If you approach a controller or CFO, and talk about integrating an accounting solution with the rest of the business, you have to be sure that data is secured and properly managed,” he said.

Finance

PYMNTS

NOVEMBER 6, 2019

Telco and utility are the most common industries in which complex vendor invoices can lead to over-charges or B2B payment errors, but Hill noted digitization of the global economy is introducing new markets that contribute to higher volumes of complex invoices, like cloud computing and storage. Expanding Use-Cases.

Invoicing

PYMNTS

MARCH 19, 2020

Sage Intacct has worked to create solutions — including its Sage Intacct Intelligent General Ledger as well as products it developed with partner companies — that can capture this information upfront and add support for AP automation and other tailored tools, Miller said. … [That] really means manual work for the AP team.”.

Accounts Payable

PYMNTS

JUNE 29, 2018

Corporate payment and virtual cards are designed to mitigate the need for reconciliation by automatically feeding payment information into a company’s general ledger system. It can end up taking a huge amount of time.”.

Reconciliations

PYMNTS

AUGUST 5, 2016

The CEO explained that, traditionally, accountants would print out reconciliations and store them in binders; auditors would then take a sample of those reconciliation documents and match those against the general ledger. “That is an unbelievably antiquated way of testing anything,” Tucker stated.

Accounting