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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accounts payable software

6 Things to Consider When Selecting Accounts Payable Software

Using an accounts payable software continues to grow in importance for B2B organizations. A recent study by the Aberdeen Group found that forty percent of respondents said the need for real-time availability of data is a key AP challenge, and 29 percent said difficulty locating/managing paper-based documents was a struggle. There many different solutions to help digitize an invoice. This blog will provide a few things to when evaluating and selecting an accounts payable software solution.
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