Remove Accounting Remove Currencies Remove General Ledger (GL)
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Palette Unveils AP Automation Software For Construction Firms

PYMNTS

Palette Software unveiled accounts payable (AP) automation technology that is designed for firms in the construction and engineering industries and run on the cloud, according to an announcement. Finance administrators and project managers both benefit from automation of the accounts payable process.

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Finance Teams: Stop Wasting Time on Manual Account Reconciliation & Automate

The Finance Weekly

Account reconciliation is the matching and validating of balances in the general ledger (GL) to internal and external sources or other independent calculations to accurately close month-ends and year-ends. For both internal and external sources, each balance has to match the corresponding account in the general ledger.

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Year-End Close and Reporting: What’s Behind the Numbers?

Planful

That being said, they’re not an appropriate solution for enterprise accounting or financial reporting. These systems are designed to automatically load data from multiple general ledgers (GL) and other sources – both on-premises and in the cloud. That can be challenging, as regulations continue to evolve.

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