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This article delves into the transformative role of Artificial Intelligence in public sector financial management. It discusses the current state of AI adoption, highlighting the significant challenges, including outdated infrastructure, lack of skil...

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Accounts payable automation is transforming finance departments by streamlining invoice processing, reducing manual errors, and improving efficiency. This comprehensive guide explores the benefits of automating your AP processes, how it works, and wh...

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Invoice redirect fraud is a critical threat that can lead to severe financial losses and compromised supplier relationships. By implementing Accounts Payable automation, businesses can protect themselves from such fraud through enhanced verification ...

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Explore the importance of the AP process and the benefits of AP automation solutions. Understand the key steps in the AP process, common challenges, and how to implement effective automation. This guide provides practical advice and showcases case st...

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Explore comprehensive strategies for effective AP performance management, including the importance of AP automation solutions, cost savings, compliance benefits, data analytics, and best practices for efficient invoice processing workflows. Learn how...

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This comprehensive article explores AP automation and ERP systems, focusing on the benefits of ERP integration. It discusses how integration enhances efficiency and accuracy in invoice processing, reduces costs, and optimizes financial management. Ke...

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Finance teams encounter numerous challenges that hinder their efficiency and accuracy, including incorrect invoice coding, purchase order delays, and general ledger errors. This article delves into the common pain points that finance departments face...

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Finance automation revolutionises financial processes by using AI and ML to streamline tasks, improve accuracy, and enhance efficiency. This article explores the benefits of automating finance, including cost savings, reduced errors, and improved com...

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Explore advanced invoice management systems designed to enhance business efficiency by streamlining invoice tracking, processing, and automation. These systems offer significant benefits, including reduced manual errors, improved accuracy, and faster...

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Discover how green accounting and invoice automation can lead to significant environmental benefits. By reducing paper consumption, lowering carbon footprints, and enhancing resource efficiency, businesses can achieve sustainability goals and improve...

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This article explores the distinctions between PO and Non-PO invoices, detailing their characteristics, significance, and benefits. It discusses the challenges of managing each type, the advantages of invoice automation, and provides actionable insig...

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Automated invoice processing transforms business operations by streamlining workflows, reducing manual tasks, and improving accuracy. This comprehensive guide covers the benefits, from time and cost savings to error elimination. It also explores how ...

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Invoice scanning revolutionizes financial management by converting paper invoices to digital format, reducing manual data entry and errors. This article explores the benefits of invoice scanning, traditional vs. modern methods, and key features to lo...

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Discover the importance of efficient invoice management and how automation can transform your business operations. This guide covers the basics of invoices, the benefits of streamlined processes, and the challenges of traditional methods. Learn how t...

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Explore the significance of accounts payable reconciliation and key strategies to streamline the process. Understand the use of accounts payable aging reports, supplier statement reconciliation, and addressing common challenges. Learn how tools like ...

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Global businesses are increasingly investing in automated accounts payable solutions to enhance efficiency, ensure compliance, and reduce costs. This article explores the key reasons behind this trend, including improved productivity, local complianc...

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Dive into the world of automated accounting and discover how it revolutionizes financial management. This article explores the substantial benefits, including enhanced efficiency, reduced errors, and significant cost savings. Learn about the challeng...

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Accounting automation significantly improves efficiency by handling routine tasks like data entry and invoice processing. However, the expertise of accounts payable professionals remains crucial for interpreting financial data, advising on strategies...

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Accounts payable management is essential for any organization, involving tasks such as invoice processing, maintaining vendor relationships, and implementing automation tools. Effective AP management enhances cash flow, reduces costs, and fosters str...

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This article delves into the challenges faced when using Continia with Microsoft Dynamics 365 Business Central, such as complex setup, support model issues, and training requirements. It provides practical solutions through Kefron AP’s advanced fea...

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Dynamics 365 Business Central users are shifting away from Continia to adopt Kefron AP for superior accounts payable automation. This change addresses common AP challenges such as manual invoice processing, lengthy approvals, and high processing cost...

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This article explores the key challenges associated with Oracle invoice processing, including user experience complexities, accuracy issues, and customization limitations. It highlights how Kefron AP, through seamless integration with Oracle, address...

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Discover the power of AI for invoice processing in revolutionizing accounts payable automation. While AI offers efficiency and accuracy, it faces limitations in recognizing PO numbers, entities, and addresses. This article explores the critical role ...

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Delve into the vital role of Accounts Payable Reporting in shaping business strategies. This article unveils how AP reporting, through efficiency metrics and accounting software, revolutionises financial management. Discover the benefits of integrati...

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Success in a finance role depends on a combination of technical skills, soft skills, and strategic thinking. Key areas to focus on include understanding the business, staying updated on regulations and trends, mastering financial analysis and forecas...

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Late payments, particularly late invoice payments, significantly impact businesses, leading to cash flow challenges and strained supplier relationships. This article explores the causes, effects, and strategies for managing and reducing late payments...

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A finance audit is an essential process that ensures accuracy, transparency, and compliance in a company’s financial statements. This guide explores the importance of finance audits, common challenges faced during traditional audits, and best pract...

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Over the past decade, the landscape of financial software has undergone significant transformation. Although more than 70% of accounts payable (AP) departments have embraced invoice automation software, only 9% have fully automated their accounts pay...

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An efficient accounts payable workflow is vital for maintaining strong supplier relationships and financial stability. This article explores the importance of streamlined AP processes, addressing challenges like manual data entry and invoice discrepa...

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Invoice tracking has evolved from manual data entry to automated solutions, providing real-time visibility into invoice status and approval workflows. This article explores how automated invoice tracking empowers finance teams to reduce errors, impro...

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Understanding the differences between a purchase order and an invoice is essential, especially for new business owners. Purchase orders, issued by the buyer’s procurement department, control and oversee purchasing operations, while invoices, is...

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Navigating the intricate landscape of finance regulations is crucial for effective accounts payable compliance. This article explores essential strategies for adhering to stringent compliance standards, including the implementation of AP automation a...

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This article delves into the latest finance trends shaping AP automation, highlighting the impact of AI and RPA technologies. It covers AI's role in enhancing invoice processing, the integration of AI for fraud detection, and how RPA contributes to e...

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This article delves into ERP integration, highlighting its significance in synchronizing business applications to improve operational efficiency, data accuracy, and decision-making. It underscores ERP integration's role in creating cohesive systems t...

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Explore the transformative role of artificial intelligence in finance, focusing on automating accounts payable. This article delves into optimizing invoice processing, ensuring data security, and the strategic advantages of AI integration. With actio...

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This article offers a comprehensive guide on calculating the ROI of AP Automation, highlighting cost savings, efficiency gains, and strategic benefits for businesses aiming to enhance their financial operations.

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In this detailed guide, we delve into the essential strategies for optimizing the accounts payable process, focusing on enhancing operational efficiency, accuracy, and financial insights. From leveraging technology like automation and data analytics ...

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For AccountsIQ users seeking the ultimate invoice automation solution, Kefron AP stands out for its seamless integration and substantial benefits. This article explores how Kefron AP, through its deep connection with AccountsIQ, transforms accounts p...

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This article provides startups with a comprehensive guide on leveraging seed funding effectively. Covering strategic financial planning, the use of analysis tools, and navigating regulatory challenges, it offers actionable insights for managing finan...

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Discover how to enhance your invoice approval process through strategic automation, improving efficiency, accuracy, and financial management. Learn the importance of invoice approval and explore best practices for leveraging technology to streamline ...

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This article delves into optimising invoice processing workflows, covering everything from initial setup to advanced automation techniques. Featuring case studies like Riviera Travel and Leeds City Council, it demonstrates the tangible benefits of tr...

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Focusing on Sage Accounting Software's powerful capabilities, this article sheds light on how AP automation seamlessly integrates to elevate financial management. Highlighting the synergy between Sage software versions—Intacct, 200, and 50—and AP...

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Explore the transformative role of AP Automation in enhancing the Month-End Close Process. This guide delves into overcoming traditional challenges, boosting efficiency, and driving financial compliance through innovative automation solutions.

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This comprehensive guide explores the transformative impact of Kefron AP's invoice processing solutions across multiple sectors. From healthcare to retail, learn how automating invoice management can lead to enhanced operational efficiency, reduced c...

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This comprehensive guide delves into the accounts payable process, offering insights into how automation can transform this essential financial operation. From reducing manual errors to enhancing efficiency and security, learn the benefits and best p...

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Explore how AP automation revolutionizes financial year-end processes, making them more efficient and accurate. This article highlights the strategic advantages of embracing technology for financial reporting, tax compliance, and audit preparation, g...

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In the realm of financial operations, integrating Accounts Payable Automation is pivotal for enhancing efficiency and accuracy. This guide delves into the best practices and essential tips for successful Accounts Payable Automation Integration, cover...

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This article delves into integrating Invoice Processing Solutions for accounts payable automation, highlighting best practices, benefits, and tips for seamless efficiency improvements in financial workflows. Introduction to Invoice Automation In the ...

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Dive into the world of AP automation pricing. This comprehensive guide explains various pricing models, helping businesses make cost-effective decisions. The landscape of accounts payable (AP) has been revolutionised by automation technologies, signi...

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This article delves into the transformative impact of invoice automation on business operations. It covers strategic advantages such as improved decision-making and supplier relations, the significance of planning for automation projects, and overcom...

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Explore the transformative benefits of Accounts Payable Automation in streamlining financial operations. This article delves into how AP automation fosters cost savings, efficiency, and strategic decision-making, supported by the latest AI and ML tec...

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Addressing the intricacies of AP Automation Systems, this article delves into overcoming integration hurdles, ensuring data accuracy, and adapting to business growth. Discover strategic insights to streamline your AP operations and foster operational...

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Discover the transformative AP trends of 2024 with a deep dive into finance trends, AP Automation, and their influence on accounts payable processes. This article provides insights into the strategic shift in finance, highlighting the role of technol...

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This article delves into the dynamic world of finance technology, particularly focusing on accounts payable (AP) automation as it stands in 2024. It highlights the significant technological advancements that are transforming this crucial financial do...

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This article explores the vital security concerns in AP automation, specifically focusing on the pivotal aspect of AP security. It sheds light on strategies to mitigate risks and enhance secure operations within the AP automation framework. Discover ...

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This article offers a concise yet comprehensive overview of Accounts Payable (AP) Automation, explaining its role in modernizing financial management. It covers the transition from traditional methods to advanced digital solutions, the key components...

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What is e-invoicing? E-invoicing, the digital management of invoice creation and transfer, is transforming UK business practices. Known as eInvoices, these digital documents are rapidly replacing traditional paper invoices. This shift is not just a c...

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Recent stringent measures announced by the UK government for small businesses to tackle late payments underscores the critical role of invoice automation. As a part of the soon-to-be-published Prompt Payment & Cash Flow Review, these measures are...

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AP Leaders balance traditional priorities with those that place them on the path ahead. According to industry leaders Ardent Partners, the top priority in 2023 is improved accounts payable reporting and analytics. This underlines the professional awa...

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Accounts Payable Outsourcing vs Automation: Why local councils in the UK are taking a fresh look. Outsourcing the Accounts Payable process has long been a strategic choice for local councils seeking to optimise their council finance operations, reduc...

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The advent of e-invoicing is reshaping how companies manage invoices and tackle the challenges of tax compliance worldwide. Taxation becomes even more convoluted for enterprises operating across multiple countries with varying tax regulations. Addre...

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French Rollout Pushed Back for Compliance Alignment The French Directorate General of Public Finances (DGFiP) has formally announced a deferral of the France e-invoicing mandate for B2B operations as of 28 July. This strategic delay aims to offer tax...

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ChatGPT is an invaluable tool, there’s no doubt about it. From generating ideas to analysis, it has endless uses. But did you know you can use it to streamline your Accounts Payable (AP) process?  In this article, we’ll explore 7 ways Ch...

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Evaluating vendors is a crucial procedure within any organization, as its success profoundly impacts overall efficiency and data extraction results. For finance departments dealing with tasks like invoice scanning and extraction, this process takes o...

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Are you tired of tedious and error-prone manual invoice processing draining your time and money? Look no further! Enter the world of invoice automation, also known as AP automation, and discover a game-changing solution for your business. In this art...

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In the ever-evolving landscape of modern business, leveraging technology to maximise efficiency is no longer a luxury, but a strategic necessity. At the forefront of this transformation lies AP (Accounts Payable) automation, a solution designed to re...

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The world of finance is ever-evolving, and with the rise of technology, the way finance teams work is rapidly changing. As such, finance teams need to stay up-to-date with the latest technology to ensure they are maximising their productivity and eff...

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Dealing with accounts payable is an involved and demanding process for any team. When issues appear, like errors or burnout, many companies try to fix it by hiring more staff. At present, there are 6,000 AP related positions open on indeed.com. Befor...

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In today’s business environment, the Accounts Payable (AP) department serves as a backbone in financial management. Among its myriad functions, invoice processing stands out as pivotal. This exhaustive guide will provide you with an in-depth un...

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We all agree that accounting and managing finances can be a headache. It’s the beating heart of any business but can lead to time and effort being wasted at no fault of the team involved. This is especially true for charities. Charities are subject...

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Some of you may have clicked into this blogpost wondering what a financial dashboard is, or maybe you are intimately familiar with them. Either way, you want to know is this something that can benefit your business and the bottom line? So, what are f...

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Reducing the hours of the traditional work week is an idea that has been around for some time. In fact, as early as 1930, renowned British economist John Maynard Keynes estimated that within a couple of generations a 15 hour work week would be achiev...

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Rising inflation is pressing businesses to adopt cost-effective operating procedures. The Office for Budget Responsibility (OBR) in its recent report indicated that Consumer Prices Index (CPI) inflation to reach 8.7 per cent in the fourth quarter of ...

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In the fast-paced world of business, managing supplier invoices efficiently is crucial for maintaining strong supplier relationships and safeguarding your brand’s reputation. Many businesses struggle with delayed payments and lost invoices, whi...

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Fraud offences almost doubled in the past year, according to the latest recorded crime figures for the 12 months to March 2022 released by the Central Statistics Office. The CSO says the increase of 88% was largely driven by unauthorised transactions...

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Without a doubt, accounts payable (AP) is one of the most critical functions in every modern enterprise. After all, each firm must pay its bills. Thus, improving your AP represents a core avenue for your business growth. Although change is rarely ea...

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Finance teams face a renewed challenge of achieving greater efficiency with every new year and keep up with the speed of technological innovation.  So, what finance apps should a Finance Department have in their 2022 livery to boost their efficiency...

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The New Year brings with it renewed motivation to overcome our challenges. For businesses, 2022 offers three key areas for particular attention – managing the post-pandemic reality, corporate sustainability and increasingly competitive recruitment....

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The Digital Age has provided many opportunities for businesses of all sizes. But it has also brought with it new risks. Accounts Payable fraud remains a key concern, studies show there has been no drop off in cases despite the rise in digital process...

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In the modern business world, the software provides the tools, with ERP solutions housing suites of tools. But how can an ERP system deliver the promised productivity? Well, the ERP add-ons play a big part. Find out TOP 5 ERP Add-Ons that your busine...

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The idea of ‘Digital Transformation’ was first introduced in 2014, but while its benefits have been well-illustrated since then, its uptake has been hampered by a hesitancy to commit to adopting digital technologies. Now, the Covid-19 pandemic ha...

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The global pandemic has caused immense upset to normal working practices. How does AP Automation facilitate business productivity during this time and in the post-pandemic world? Automated Accounts Payable systems allow Financial Departments to adap...

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In today’s ever-evolving corporate landscape, financial sustainability isn’t just a buzzword—it’s a necessity. Integrating finance sustainability into your company’s strategies is vital for long-term success and environmenta...

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Of course, being completely on top of your accounts payable despite the disruption caused by the coronavirus pandemic is vital if cashflow is to be maintained. And it is in this aspect that AP Automation can help greatly in the recovery and cost cont...

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For every business, adopting technology is welcome as long as the change brings with it genuine benefits. It is a matter of Return On Investment. Despite reports of fast and impressive Returns On Investment, resistance to invoice automation prevails....

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There can be little argument over the impact the Covid-19 pandemic has had on business. It has created an unexpected strain both financially and operationally speaking and, as a result, a whole new set of challenges for 2021. But what are the biggest...

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Time to budget for AP Automation in 2021: now is the time. Read about the benefits & return on investment an AP Automation solution can deliver to your business.

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It’s already widely accepted that paper-based processing procedures are too slow, too labour intensive and ultimately too costly. The modern business world demands greater efficiency in every department – and there are no signs of this trend rele...

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The benefits of switching from a manual accounts payable process to an automated one are no secret. Numerous studies have highlighted the boost AP automation can have to efficiency, data accuracy and data security. But when choosing the right AP invo...

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Businesses frequently undergo changes in their operational methods for various reasons. However, these transitions can sometimes heighten the risk to companies, particularly when it comes to threats like invoice fraud, as opportunistic scammers take ...

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The impact innovative technology has had on the business world has been immense. It’s not just been in customer services and manufacturing; it’s also made traditionally laborious areas, like accounting processes, more efficient making the tasks o...

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In the midst of the COVID-19 global pandemic, businesses have been forced to face challenges that would not normally have appeared as key challenges. One such area is Control and Visibility, with procedures now largely being operated through remote w...

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With the ongoing COVID-19 lockdown restricting travel to work as well as everywhere else, the requirement on businesses to have employees work from home places pressure on productivity. It is especially true for Accounts Payable departments, but AP A...

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Expanding your business is an understandable ambition, but there is a consequential challenge to keep things running smoothly. Documentation builds up, processes come under pressure and project teams can feel the strain. Effective collaboration is th...

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On April 1st, a new regulation comes into effect, changing how VAT-registered businesses manage their taxes and make their tax returns to HMRC. Making Tax Digital (or MTD) for VAT promises to make life easier for everyone, but do you understand what ...

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In the digital age, the recruitment industry faces new challenges created by modern work styles. It has made aspects like contractor placement and timesheet management, to name just two, as important services as recruitment itself. But Automated Acco...

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The Accounts Payable (AP) department is one of the most sensitive in a company’s organisation. Invoice, account and client data are all critical, so keeping them in the trusted hands of trusted staff seems wise. But as Cloud technology continues to...

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Any accountant can testify to how challenging properly managing payments to creditors can be. It’s a critical element of running a business, but software is helping to alleviate the pressure. In fact, Accounts Payable Automation is doing more than ...

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As any business in today’s digital, interconnected world knows, data is important. For most, it’s critical. Existing data is relied upon to run the company efficiently, whilst new data is generated at almost every instance. Indeed it’s this pro...

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