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Accounting Automation
Accounts Payable Automation
Get a Grip on Your Accounts Payable: A Comprehensive Overview of AP Automation Workflows
Unsplash/ Kelly Sikkema Automation has been at the forefront of accounting teams’ journey to optimize their workflows, especially when it comes to accounts payable. More than just bookkeeping, it is...
Get a Grip on Your Accounts Payable: A Comprehensive Overview of AP Automation Workflows
Unsplash/ Kelly Sikkema Automation has been at the forefront of accounting teams’ journey to optimize their workflows, especially when it comes to accounts payable. More than just bookkeeping, it is...
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AP Automation – ERP Integration: How to Connect Two Apps
Getty Images by Canva Connecting your AP automation software to your ERP system is possible, but the exact steps depend on your software and vendor. What Happens When You Integrate...
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Accounting Workflow – How to Create an Efficient and Automated Workflow
Canva/ Sasirin Pamai Traditionally, an accounting firm does all the bookkeeping and accounts filing by hand. Writing in ledgers with a ruler to make sure all the figures are correct...
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Best Accounting Data Entry Software – A Comprehensive Review & Comparison
Source: Canva/ PeopleImages If you manage a small business from home, you might be familiar with all the food and store receipts, travel and phone bills, purchase orders, and invoices...
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Best OCR Software for Accounts Payable and Invoice Processing
Today’s technology allows businesses to skip manual data entry when encoding invoice data. Aside from being cost-effective, using reliable accounting software also reduces the time to process your finances. (1) ...
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Expensify Competitors and the Best Possible Alternatives
Source: Pexels Expensify is a popular expense management system used by many companies and individuals to automate accounting processes. However, a number of competitors on the market offer similar features...
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How to Actually Create A Digital Accounting System
Source: Wpadington/ Canva Creating a digital accounting system can seem like a challenging task, but it doesn’t have to be. By planning out your accounting software system and using the...
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The Most Useful Accounting Automation Software Solutions
Source: Pexels According to one survey, 72% of finance teams waste up to 10 hours per week on automatable accounts payable tasks. Moreover, 28% indicated that completing AP tasks take...
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How to Automate Your Bill Payments with Artificial Intelligence
Source: Pexels Automatic payments (Autopay) make sense for both personal and business expenses. In fact, an online survey revealed that 88% of respondents enrolled at least some bills in Autopay....
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OCR in Accounting – How to Achieve Major Time Savings
Source: nikolay100/Canva Have you ever wondered how PDF-to-text converters allow you to edit a document in a Word file? Did you feel amazed how taking a photo of your ID...
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10 Best Receipt Scanner Apps In 2023
Source: Unsplash In this article, we have created a list of the top 10 best receipt scanner apps available today. And we discuss the features and benefits of each to...
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Will Accounting Be Automated in the Future?
Source: Pexels The accounting world has progressed considerably throughout history, and this trend will not change. Now is the age of automation, AI, and machine learning. Automation is shaking up...
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Best Accounting Software for Startups
Source: Pexels.com Starting a business requires financial discipline. You need to handle your money smartly and maintain that discipline over the long term. Being financially savvy involves many things, but...
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Hubdoc vs. Receipt Bank – Which One To Opt For?
Artur Marcini / Canva Running a business demands a great deal of effort, but using time-saving software will allow you to manage more aspects of your company efficiently. Equipped with...
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AI-Powered AP Automation – How Does It Work and How You Can Benefit?
Getty by Canva AI-powered systems reduce manual tasks, human error, inefficiencies, and siloed AP processes. Yet, businesses lose out on significant cost savings because of manual invoice processing. Only 33%...
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Accounting Document Automation – How to Automate Your Accounting Documents Using Envoice
Wall-to-wall filing cabinets that house client data may finally be a thing of the past. Thanks to Envoice! Businesses are rethinking their document management since keeping paper files is more...
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AP Automation Cost – Is it Worth the Investment?
Pexels Automating the Accounts Payable process is a great way to save time and resources, but determining which automation solutions are best for your specific organization and whether they will...
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AP Automation Challenges and How to Overcome Them
Pexels Accounts Payable is becoming less of a back-office function as companies realize that paying suppliers and maintaining good vendor relationships is critical to business survival. As AP becomes more...
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How to Make Your Accounts Payable Paperless
Paper can be one of the biggest expenses for a company. Record Nation estimates that a company of 100 employees could spend up to $8000 annually on paper alone, not to mention the space taken up by filing cabinets.
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10 Benefits of a Paperless Office: How Going Digital Can Save You Time and Money
Pexels Papers, papers, papers everywhere. If it's starting to feel like you’re drowning in paperwork, it might be time to consider going paperless. But how do you ditch some of...
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The Best Apps for Accountants in 2023
Unsplash They say that it’s impossible to focus on two conversations at the same time. Many multitasking super-moms might disagree. But the results are in. (It’s nothing personal mini-van driving...
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Will Accounting be fully automated in the future?
Pexels The accounting world has progressed considerably throughout history, and this trend will not change. Now is the age of automation, AI, and machine learning. Automation is shaking up almost...
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The Best Paperless Accounting Software Options on the Market
Pexels Welcome to our guide for navigating the best paperless accounting software on the market. Spending hundreds of dollars and hours of effort on converting to a paperless office only...
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Paperless Accounting – Why and How to Do It?
Pexels Income statements, balance sheets, and administrative paperwork - accounting companies use a lot of documents. But do they necessarily have to be printed? The short answer is no. In...
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How to Automate Your Bookkeeping – An Actionable Guide
Pexels Let's face it. Bookkeeping isn't the most exciting task on our to-do lists. But business owners must get it right. Otherwise, they’ll be dead in the water before they've...
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The Ultimate Guide to Accounting Automation
Getty Images by Canva Running a business is hard work, especially with an outdated accounting process. Entering data manually, routing paper documents to different departments, and archiving information makes it...
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7 Key Benefits of Cloud Accounting
Pexels If your company still uses desktop software or spreadsheets for accounting, you have probably considered making a move to cloud accounting software. Cloud accounting has many advantages over its...
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Which Accounting Software Should I Learn?
Pexels In accounting, as with any other career, nothing feels as bad as feeling stuck. You can find yourself in a rut, thinking, "I've been using the same software for...
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How to Store Receipts for a Business – Going Paperless
Pexels For many years, individuals and companies have been required to keep their receipts and invoices years after they are issued. That meant piles of paperwork on office desks, a...
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7 Reasons Your Business Should Be Working with AI Bookkeeping
Pexels As a business owner, you are always looking for ways to improve your bottom line. You may have heard about the benefits of working with AI bookkeeping and wondered...
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How to automate data entry in accounting
Pexels Despite the availability of automation technology, accounting departments continue to rely on manual processes. Accountants and bookkeepers spend millions of hours manually entering information to produce financial reports. In...
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7 Actionable Steps Moving Towards a Paperless Office
Pexels The business world is going green. Day-to-day operations of small businesses, large corporations, and everyone in between is being streamlined. The painstaking task of processing mountains of paperwork has...
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The Best Apps for Small Businesses in 2022
Pexels Running a small business is not for the faint of heart. It takes a lot of time, dedication, and hard work. But its also very rewarding. All it takes...
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Will Accountants Be Replaced by AI and Become Obsolete?
Source: Pexels Our daily lives are increasingly affected by Artificial Intelligence (AI) systems. From smart homes to chatbots, in news generation and purchase prediction. Even jobs have been susceptible to...
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What is Cloud Accounting and How Can it Benefit Your Business?
Source: Pexels You've probably heard people speak about the term "cloud" so often that you stopped paying attention. However, if you run a business of any kind, understanding how the...
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