multiple branches and AP issues

Multiple Branches & AP Issues

One of the use cases we see all the time is organizations with multiple branches and AP issues. Having multiple branches can mean exponential issues as it relates to Accounts Payable. This is compounded if your organization doesn’t use POs or can’t use POs to do your business with suppliers. It also means that there are purchase decisions being made at a local level, but invoices flowing into headquarters. Here are a few of the issues you may be facing:
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AI-based accounting software

How AI Will Impact the Future of Accounting

Artificial intelligence, or AI, is developing at a very rapid and rather alarming rate – and the end results might not be what most of us expect. Some of the world’s biggest tech personalities like Stephen Hawking and Elon Musk have already warned the public about the potential dangers of the speed at which AI is advancing. And while this may sound like a Hollywood sci-fi movie to most people, some professionals are already feeling the pressure of AI’s unexpected forward leaps – particularly those in the fields of accounting and finance.
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AP Automation

7 Ways AP Automation Can Help Your Organization

AP Automation or Accounts Payable Automation, is a necessity for modern businesses.  A recent study has found that the cost to organizations with poor accounts payable performance is 3 times that of those who are implementing more efficient practices. One of the essentials in having a higher performance AP department is AP Automation. Here are a few ways AP Automation can help your organization.
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