Accountants record closing entries at the end of every accounting period. Closing entries transfer the revenues and expenses the company incurred during the period to the equity section of the balance ...

Accounts payable is a financial accounting term that refers to the current liabilities of a company for any outstanding obligations they have to another party. This generally occurs when the business ...

NEW YORK--(BUSINESS WIRE)--Many organizations are taking steps to improve their accounts payable (AP) activities such as invoice processing as part of their business plans for 2014. Outsourcing is a ...

As digital transformation is taking place in the accounts payable function, fleets are starting to see the strategic value AP can bring to the organization. According to The State of ePaybales 2019: ...

Few back-office functions are as time-consuming, labour-intensive, and paper-intensive as processing and paying the invoices submitted by suppliers. According to benchmarking data from the Institute ...

IRVINE, Calif.--(BUSINESS WIRE)-- Kofax ® plc (ISE: KFX) , a leading provider of Capture Enabled BPM™ (business process management) solutions, today announced that a global provider of ...

“Companies have been trying to automate literally every angle of a company’s processes but the automation of accounts payable has been left to last,” says Amit. It is an example of robotics process ...

SUNNYVALE, Calif.--(BUSINESS WIRE)--July 26, 2005--Ariba(R), Inc. (Nasdaq:ARBA), the leading Spend Management solutions provider, today announced that Best Buy Co., Inc. has been recognized for its ...