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Tag: 3-way matching

Managing accounts payable on Xero

Xero is cloud-based, SaaS accounting software for small business customers located in many countries. The Xero company, founded in 2006, is New Zealand-based. Xero’s...

What is an Invoice?

An invoice serves as a document to detail goods delivered or services rendered from a vendor to a buyer. Beyond a simple log, though,...

The Top 13 Best Accounts Payable Software in 2023

Accounts payable software is increasingly being used by businesses worldwide. Automated accounts payable software can efficiently manage large volumes of financial transactions between a...

How to select the best Invoice Matching Software?

Typically, the invoicing process follows a sequence of steps that is common across organizations and sectors. However, there can be some variation to this...

Top 10 Accounts Payable Best Practices of 2023

Companies that establish accounts payable best practices increase the visibility of information, reduce their invoice processing time, save money, strengthen internal controls and cash...

Top 10 accounts payable best practices to improve AP Process in 2024

Companies that establish accounts payable best practices increase the visibility of information, reduce their invoice processing time, save money, strengthen internal controls and cash...

The 2023 Guide to Cutting-Edge Invoice Approval Workflows

In the ever-evolving landscape of financial operations, the heartbeat of every successful business is a streamlined and error-free invoice approval workflow. As companies navigate...

Paperless accounts payable: An implementation guide

Switching to paperless accounts payable is intimidating. It often means digitizing years of data, training your staff, and shifting your workflows. However, this change can yield...

A Complete Guide to Digital Transformation in Accounts Payable

Accounts Payable (AP) processes are an important function for every business, overseeing the outgoing payments to suppliers and vendors. Traditionally tackled through manual processes,...

Guide to AP Automation: How to get started with Accounts Payable Automation

Every business must deal with purchase orders, bills, invoices, and payments to an array of vendors, who provide everything from basic supplies to high-value...

AI invoice processing: How to leverage AI in AP Automation

AI invoice processing is no longer a sci-fi dream but a present reality reshaping the way businesses manage their accounts payable (AP). The rapid...

The Top 3 Dext Prepare Alternatives for Accounting Firms

A sudden and significant increase in software pricing can disrupt a business's budget and financial planning. Organizations may have allocated resources based on the...

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