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Posts Tagged ‘ap automation’
4 Ways AP Automation Can Help Your Business Succeed Post-Pandemic
As organizations continue to adapt to the new normal and remote work environments, 80% of them are looking to automate and move their core applications and business processes to the cloud. Going digital can provide better access to processes and information while many AP and finance teams continue to work from home. This has …
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How to Raise Your Organization’s AI IQ – Starting with Your Invoices
Financial intelligence cannot be locked in file cabinets and storage boxes anymore. It starts with the data that lives in your company’s accounts payable invoices. Data can be managed digitally from the moment those invoices are received. Artificial intelligence used to extract and learn from invoice data is now the baseline for financial metrics …
How to Raise Your Organization’s AI IQ – Starting with Your Invoices Read More »
Automation Leads to Greater AP Efficiency – and Other Advantages
Manual, paper-based AP processes have been a consistent bottleneck for organizations that have not yet transitioned to digital invoice workflows. In fact, many members of AP and finance teams spend more than 50% of their day looking for paper invoices. Companies that have at least begun their digital transformation have reduced the paper chase by …
Automation Leads to Greater AP Efficiency – and Other Advantages Read More »
7 Steps to Proving the ROI of AP Automation
Many AP employees start their day with an inbox full of invoice-related requests. These requests can include invoices that need to be coded or questions regarding approval or payment status. Manual, paper-based processes are inefficient and hinder process visibility and team collaboration. Often, AP departments spend more time on data entry and paper shuffling than …
Is it Time Automate AP and Payment Processes?
Manual processes involve a lot of paper and, typically, a lack of visibility into invoice and payment status. Manual invoice and payment processes are costly and time-consuming. These processes introduce inefficiencies such as lengthy invoice approval times, bottlenecks, data entry errors and poor data management. These can lead to payment errors and lost invoices or …
enChoice Announces Payment Processing Partnership with Corporate Spending Innovations
KwikTag AP Automation Now Includes Payment Processing KwikTag, a division of enChoice, has partnered with Corporate Spending Innovations (CSI), a division of Edenred and leading B2B payment solutions provider, to integrate payment automation from CSI with the KwikTag accounts payable automation solution for Microsoft Dynamics GP. This service extends the functionality and value of …
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AP & AR Automation: Two Sides of the Same Coin
KwikTag has teamed up with Nodus Technologies to address common manual processing challenges across accounts payable and accounts receivable. While they are different finance processes, both can gain efficiency and productivity with automation solutions. The accounts payable and accounts receivable departments are often seen as vastly different facets of a company’s accounting process. However, when it comes lack of visibility, manual process errors and other bottlenecks, AP and AR often …
Dynamics GP is Here to Stay: Make the Decision to Maintain, Upgrade or Move - On Your Own Terms
Microsoft has released their 2021 roadmap, which includes an announcement that support for Dynamics GP will extend beyond 2028 on the Modern Lifecycle Policy. This news comes as a relief to those who were concerned about the future of GP amongst newer, cloud-based ERP systems, such as Dynamics 365 Business Central. The following graph shows the lifecycle of various versions of Dynamics GP …
Accounts Payable Automation Software – Top Features / Requirements for 2021
In the A/P Automation world, "Business is Booming". There had already been a shift of more and more organizations taking their Accounts Payable processes electronic (as well as reaping the benefits from many of the other features listed below) but as more and more organizations have gone remote or downsized this year due to COVID-19, …
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