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How Can AP Automation Improve Your Business Productivity?

How Does AP Impact Productivity? With technology evolving rapidly and the competition increasing with each passing day, many businesses now invest in software for accounts payable and receivable to streamline operations, improve efficiency, reduce costs, and gain a competitive edge. AP and AR automation software are beneficial to smoothen the process of many complex business … Read moreHow Can AP Automation Improve Your Business Productivity?

P2P Automation and its Stages

What are the stages of p2p automation? Procure to Pay Automation is the next big thing in the world of automation. Successful businesses constantly evolve to meet the changing requirements of the field. As a result, business leaders are focussing on becoming more agile and adept. They have tweaked their priorities and have included cost … Read moreP2P Automation and its Stages

Impact of Big Data in Accounting

Accounting and Big Data There has been a lot of word about big data, accounting, and data science in recent years. Today, big data has become capital. Think of some of the world’s biggest businesses and tech companies. A considerable portion of the value they offer comes from their data, which they constantly analyze to … Read moreImpact of Big Data in Accounting

All you Need to Know about AP Automation ROI

Is there an ROI in AP Automation? Businesses around the world are obsessed with ROI. ROI payment or Return on Investment is a measure of the profit from an investment a company makes. It evaluates the efficiency of your investment by comparing the amount invested v/s the profit you have made from that investment. A … Read moreAll you Need to Know about AP Automation ROI

Tools for Automating the P2P Process

P2P softwares are rapidly gaining importance as finance prepares itself for maximum automation. After automating several processes like core bookkeeping, accounts receivable, accounts payable, payroll, and tax compliance, the business world is preparing itself for P2P automation. Today, P2P has more than one meaning to it, and hence it is vital to understand the p2p … Read moreTools for Automating the P2P Process

What is Artificial Intelligence (AI) and How It Works?

ARTIFICIAL INTELLIGENCE – Meaning OR WHAT IS AI? Artificial intelligence refers to the stimulation of human or natural intelligence in machines that can learn, mimic and perform human-like tasks. Such technologies have a significant impact on the quality of our lives. Artificial intelligence is an entity created by humans capable of thinking, acting and performing … Read moreWhat is Artificial Intelligence (AI) and How It Works?

Procure-to-Pay Process – Everything You Need To Know

Procure-to-pay is a simple yet complex process. Leaders of all organizations are planning to automate this function to not only improve but also simplify processes. In previous articles, we discussed the benefits of automation in the accounts payable process and the effect of finance automation on an organization’s overall functioning. Today, we will be looking … Read moreProcure-to-Pay Process – Everything You Need To Know

Impact of Finance Automation on Auditors & its Benefits

Audit automation is the next big thing in the finance sector. While most of them have already automated the foundational level automation in terms of data integration, they are speedily moving towards the other end of the spectrum, towards the likes of cognitive intelligence. They are trying their best to make the most out of … Read moreImpact of Finance Automation on Auditors & its Benefits