Remove General Ledger Remove Invoicing Remove Technology
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Capitalising on the Fintech apps in APAC

Future CFO

The demand for mobile wallets, online banking services, and the increasing adoption of digital technologies has led to the expansion of the financial applications market in Asia/Pacific. 49% of mid-size enterprises plan to automate billing and invoicing processes via cloud applications in the next 18 months.

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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. The firm said companies in the space have unique needs when it comes to handling supplier and vendor invoices.

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How Data Guides A New Era For The ERP

PYMNTS

Enterprise cloud migrations have opened up the ability for smaller businesses to adopt ERP technology once reserved for the largest corporates. These applications tend to back right into the General Ledger, the central financial data repository at the heart or ERP core financials,” he said. Disruption Ahead.

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Accounts Receivable Innovations Ease AP Pain

PYMNTS

With technology to sit in the middle of a buyer-supplier relationship, solution providers can offload some of the supplier management burden on the buy-side. They need the remittance data, whether it’s incoming or outgoing, to be able to sync up with their general ledger system.”. Xero, Square Lower Invoice Payment Barriers.

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The Expense Analytics Challenge Of Complex Invoices

PYMNTS

If a small business buys office suppliers from a vendor once a month, it can be relatively straightforward for the accounts payable (AP) department receiving that supplier invoice to notice if their company has been overcharged. Validation [of these complex invoices] is done by exception or sampling, and that’s not surprising,” he said.

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Tipalti Bolsters Accounts Payable Platform With AI-Powered Pi

PYMNTS

The technology works in the background to provide correct approval routing and general ledger (GL) coding at the bill as well as bill line level. The technology also is designed to identify and lessen the impacts of issues such as validating supplier profile and payment data as well as pinpointing possible fraud risk.

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Data Key To The Build-Or-Buy Question Of Enterprise Finance Apps

PYMNTS

Data integration between back-office platforms is now an essential component for businesses deciding to adopt a technology. “Integration in the technology space has gone from really hard, and in some cases impossible, to now very possible — but that doesn’t necessarily make it easy,” Love told PYMNTS in a recent interview.

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