Editor's Note: This is the first in a two-part series highlighting the various Accounts Payable Sponsors you'll find on the exhibit hall floor at Scaling New Heights 2022 in Orlando.
Some people will tell you there is too much similarity between A/P and Expense apps to divide them into separate categories, while others will say I'm nuts for lumping them together.
Over the past several years, I have written them both ways, and no matter how I categorize them, somebody always disagrees with my segregation or inclusion.
Since I lumped them altogether last year, I thought I'd break them apart this year just to see how many people want to tell me how they think I should do it. Because from where I sit, if they're reading and like it one way, or like it better the other (and they're telling me this), at least they're reading it. That's all that matters in my book.
Murph
AvidXchange is one of the industry leaders in automating invoice and payment processes for mid-market businesses.
Founded in 2000, the company handles more than $140 billion transactions annually across its network of more than 680,000 suppliers, transforming how 6,000 customers in North America pay their bills.
Just as with its existing customers, AvidXchange allows you to save time via its automated AP technology, giving your team the flexibility, security and efficiency to approve invoices and make payments anytime, anywhere.
You will maintain visibility and control over your accounts payable while AvidXchange does the heavy lifting. It helps QuickBooks users with a simple, streamlined and more secure way to process invoices and make payments in just three easy steps:
- Code
- Approve
- Post
Accounts Payable for QuickBooks includes multiple payment methods, as well as paperless processing with configurable 2-way and 3-way PO matching that offers flexible approval workflows with enhanced internal controls.
AvidXchange is changing the way middle-market companies manage bill payments with invoice and payment automation. If you're ready to find out how, stop by its booth on the exhibit hall floor to meet with one of its AP automation experts.
You can also point your browser to the AvidXchange website for more information.
Whether you use QuickBooks Online or QuickBooks Desktop, Bill.com makes the bill payment processes more transparent, easier to control and less time consuming. The company delivers financial process efficiency and greater control to accounting firms and their clients through streamlined and automated accounts payable management.
The Bill.com smart platform reduces data entry by leveraging artificial intelligence (AI). Bill.com automatically extracts data from invoices to create bills in real time and notifies you when action is needed.
With flexible payment options like domestic ACH, international wires and virtual cards, Bill.com makes it easier than ever to pay vendors however they want to be paid. And Bill.com gets more intelligent as you use it, thanks to its AI, which learns your processes and preferences and gives you total control over every aspect of A/P management.
The stand-alone version of Bill.com integrates with either QuickBooks Desktop or QuickBooks Online to provide users with the full set of features. This version is proven to substantially reduce the time spent on A/P processing.
It also is designed to scale as accounting firms grow and allows your accounting firm to:
- Take control of your A/P workflow and approvals
- Streamline busywork while staying in control
- Reduce data entry via their Intelligent Virtual Assistant
- Streamlined review workflow you configure
- Maintain a full audit trail of all transactions (and actions)
- Auto-approve any recurring bills (if so configured)
- Streamline the addition of new clients
- Identify errors to prevent improper payments
- Make the A/P workflow easier for processors
- Minimize risk via use of AI
Accountants using Bill.com have a wider range of benefits, including an Accounting Console, which gives them access to all their client accounts in one place. It also provides the ability to manage multiple logins and roles, as well as enforce the separation of duties and controls, along with a variety of ways to pay vendors.
If you are ready to make your bill payment process more transparent, easier to control and less time consuming, stop by the Bill.com booth in the exhibit hall, or point your browser to the Bill.com website for more information.
Paying bills is painful enough, which is why Corpay One created a platform to take them off your plate. It offers better business bill pay built for small businesses.
The all-in-one platform makes it easier for you to pay vendors, control expenses, simplify bookkeeping and give you all-around better visibility into where your payments go.
Plus, you can extend your cash flow when you pay bills by credit card with only a 2.99% transaction fee.
Tasks like bill pay, manual expense coding and reimbursements shouldn't hold your team back from reaching its true potential. So, it has built a powerful, yet easy-to-use solution that helps small business owners scale and grow their businesses.
Corpay One will streamline your team's expense reporting and reimbursement process. And its mobile app—with Send & Scan—ensures bills and receipts are uploaded effortlessly.
That means you won't be scrambling for lost receipts or missing out on money owed.
You can scan, pay and sync to QuickBooks Online and QuickBooks Desktop (in Beta). For more details about using Corpay One, drop by its booth while attending the conference. You also can point your browser to the Corpay One website.
Corpay One is a proud sponsor of the 2022 Top 100 ProAdvisor and ProAdvisor of the Year Awards Program.
Veem-2020_logo_205wide
Veem is the solution for SMBs to digitize their accounts payable and receivable processes. Send and receive payments globally in a simple, secure, transparent and reliable manner to more than 100 countries in 70-plus currencies.
With Veem, you will use the industry's leading invoicing suite to build, customize and send invoices, domestically or globally, in a snap. Its multi-currency options let you choose how you would like to be paid in 110 countries.
In addition, Veem Guest Pay invites users to pay an invoice, while links provide a convenient way to request funds. You can even upload your invoice to send to anyone in or out of the Veem network.
With Veem's Instant Deposit option, you can cut the standard bank-processing delay from three days to less than an hour. In addition, once you activate Instant Deposit, Veem accelerates the processing of all future deposits up to a specified amount.
So, with your money at your fingertips, your company's growth is up to you, not your cash flow.
If you have been looking for a solution to make business payment easy, stop by the Veem booth to learn more about its offerings. You also can head to the Veem website for more details.
Stay tuned for Part 2 of our A/P Sponsors at Scaling New Heights 2022, along with other features covering sponsors from the 2022 conference.
Acknowledgements and Disclosures:
Portions of this feature, including graphical artwork contained therein, have been adapted from content used from the vendor (sponsors) website (or other related sources). All such source materials within this feature by Insightful Accountant were adapted and are furnished solely for educational purposes.
As used herein, QuickBooks refers to one or more registered trademarks of Intuit Inc., a publicly-traded corporation headquartered in Mountain View, California. Intuit QuickBooks and the QuickBooks ProAdvisor Program are proud sponsors of Insightful Accountant's 2022 Top 100 ProAdvisor and the ProAdvisor of the Year Awards.
Scaling New Heights is a registered trade name of Woodard Events LLC of Canton, Georgia. Scaling New Heights is a proud sponsor of Insightful Accountant's 2022 Top 100 ProAdvisor and the ProAdvisor of the Year Awards.
Any other trade names used herein refer to products that may be registered, trademarked, or otherwise held by their respective owners; they are referenced for informational and educational purposes only.
This is an editorial feature, not sponsored content. None of the vendors within this article have paid Insightful Accountant or the author any form of remuneration to be included within this feature. The article is provided solely for informational and educational purposes.
The publication of this article, nor the inclusion of this product within the related series, does not represent any endorsement by either the author or Insightful Accountant.
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