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AP automation software

Accounts Payable: Why it is Essential to Consider Automation?

Spend Management /

Automating payment processes can improve business efficiency; however, some businesses may not find it essential to automate their payment collection and reconciliation processes. Automating payment processes is to streamline the manual processes of matching, approving, and sending payments. Automation involves collecting invoices from multiple sources, interpreting the data, and reviewing invoices for inconsistencies. Why automating […]

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AP Automation Software

Best Ways to Combat Duplication and Enhance AP Process

Spend Management /

Accounts payable duplication is wide-ranging which covers any part of the AP method that is unnecessarily produced from POs to supplier documents. Critical for companies, it may refer to duplicate invoices and payments that occur often than people even think. And in such circumstances, duplicate submission takes place before the due date. It generates enormous

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corporate travel spending

How Can CFOs Gain Control Over Expense Management

Expense Management /

Today, the coronavirus pandemic has posed several challenges for CFOs to handle their corporate travel and expense spending. Considering the importance of the situation, it is time for the CFOs to step out and reexamine the different expense management strategies in place in order to keep the business expenses in control and prevent fraudulent activities.

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Expense Report Software

Manage Remote Labor Force with Expense Solution

Expense Management /

Work from home has become the new normal amidst the Covid-19 outbreak. Many organizations are still hiring remote workers to boost flexibility, save overhead expenses, and foster creativity with global labor force. There are several benefits for managers and employees, but this will bring new challenges as well, such as various time zones, living costs,

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expense management

Get Quick Reimbursement with Expense Tracking Solution

Expense Management /

Late reimbursements from the businesses are one of the critical reasons of annoyance for corporate travellers. Maybe the delays are not made intentionally, but the finance department and HR leaders should look at what is causing these reimbursements to get processed days and sometimes weeks after workers have submitted the expense report or receipt. So,

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AP Software

The Future of Accounts Payable Automation

Spend Management /

Today, with modern technology and procedures, your accounting teams’ future will change. Various innovations, such as automating accounts payable, electronic payments, as well as, virtual cards will become mandatory. Here we present some predictions for AP in the long run and how clients can use cloud-based accounts payable solution to future-proof business. AP Staff Have

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Expense Management Challenges

Leveraging expense management trends for simplified expense reporting

Expense Management /

Are you still entering receipts by hand and chasing managers for approvals? Suppose you are managing the expense reporting process manually. In that case, you are wasting time, missing out-of-policy claims, and not to mention the potential of fraud in the expense reporting process. Millennials don’t have the patience to enter the data and upload

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