Accounts payable stories

Yooz has partnered with Touchstone FMS to enhance accounts payable automation, aiming to help UK businesses navigate rising costs and regulatory changes.

A study by Modulr reveals that 75% of UK accountants are facing rising demand for advisory services, while inefficiencies in payment processes hinder productivity.

New research reveals that 55% of British finance departments still rely on outdated OCR technology, causing productivity and accuracy issues.

Hyland has formed an alliance with HCA Healthcare UK to introduce AI-driven Accounts Payable solutions, enhancing efficiency.

A wave of automation is revolutionising company management, enhancing efficiency across accounts payable, inventory, and financial planning.

Scottish Equity Partners has made a strategic growth investment in Vienna's Springtime Technologies, enhancing accounts payable automation for global enterprises.

MessageXchange has launched eInvoicing solutions for TechnologyOne users, supporting New Zealand's mandate for wider adoption by 2026.

Quadient forecasts that by 2025, blockchain will revolutionise finance teams, enhancing transaction accuracy and transparency in a challenging skills landscape.

Avalara has unveiled a suite of AI-driven innovations aimed at streamlining tax compliance during its recent CRUSH event in Austin.

Extend has launched a new Bill Pay feature to enhance invoice payments for businesses, leveraging virtual cards for improved security and cash flow management.

Extend has launched its Bill Pay feature, allowing businesses to settle invoices securely using virtual cards, enhancing accounts payable processes.

Avalara expands its AvaTax with new Accounts Payable features, aiming to enhance tax automation amid growing reliance on automated compliance solutions.

Basic accounting software like MYOB or Xero can stifle growth for agile organisations. Customisable cloud ERP systems offer the necessary flexibility and efficiency.

Kerridge Commercial Systems partners with Open ECX to enhance K8 ecosystem, integrating advanced EDI to boost automation, efficiency, and sustainability.

Businesses must navigate complexities to unlock the ROI in AI and automation, focusing on data management, security, and strategic implementation.

The Lowry Hotel in Manchester has adopted Sage Intacct to boost its reporting and intelligence, aiming for seamless operations, cost savings, and sustained business growth.

Effective cash flow management is crucial for growing enterprises. Integrating Xero with NetSuite streamlines operations, offering real-time data visibility and automation.

Sage expands its partnership with Stripe to enhance payment processing and cashflow management for small and mid-sized businesses.

The 2024 Yooz survey reveals that finance leaders globally are prioritising technology use, cash flow optimisation, and reducing overheads.

ABBYY unveils a revamped AI marketplace to meet the surging demand for accurate data, essential for effective large language models, revolutionising document processing.