Businesses increasingly lean on outside contractor support for many operational functions as payroll costs balloon and global talent pools become increasingly accessible. For companies using QuickBooks, a range of self-service contractor payment options are available that, additionally, can be optimized using third-party integrations. We’ll take a quick look at paying contractors through QuickBooks, but, in…
As one of the premiere ERP solutions for growing businesses, Sage Intacct has become the go-to for leaders looking to scale. With AI-driven accounting capabilities, HR modules, payroll features, and a wide range of integrations, Sage Intacct supports businesses' needs today while helping them prepare for the future. On its own, Sage Intacct is a…
Sage Intacct, a world-renowned ERP solution, is one of the top choices for businesses globally. Finance teams and many others use it to facilitate their operations. In today's fast-paced business environment, it's essential to streamline operations and maximize efficiency. This is especially true for the accounts payable (AP) department, which manages a company's financial obligations…
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Expense reimbursement is a fundamental aspect of business operations, encompassing the process by which employees are paid back for expenses they've incurred on behalf of the company. These expenses often include travel, meals, accommodation, and office supplies—costs that are essential for carrying out business activities but are initially borne by employees. The goal of an…
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Managing expenses often proves to be a Herculean task for many organizations. Traditional expense management systems are often fraught with challenges: manual data entry is time-consuming and prone to errors; fraudulent claims can slip through the cracks; and ensuring compliance with company policies and tax laws can feel like navigating a minefield. These inefficiencies not…
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Lawyers often grapple with many documents in the dynamic legal world where every second counts, and information is the key to success. The sheer volume of paperwork, from contracts and court pleadings to discovery documents and case research, can be overwhelming. The legal landscape is evolving rapidly, and the need for efficient document management solutions…
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Optical character recognition (OCR) software help convert non-editable document formats such as PDFs, images, or paper documents into machine-readable formats that are editable & searchable. OCR applications are commonly used to capture text from PDFs & images and convert the text into editable formats such as Word, Excel, or a plain text file. OCR…
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What is Data Reconciliation? Data reconciliation is an essential process that involves comparing multiple sets of data to identify and rectify discrepancies, ensuring data accuracy and consistency across various business operations. This process is vital for a myriad of functions, such as reconciling invoices with the general ledger, and extends to numerous other business processes…
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QuickBooks is an accounting software package designed to help small and medium-sized businesses manage their finances. The software is user-friendly and intuitive, making it easy for business owners to handle their accounting needs without needing to be an accounting expert. Additionally, QuickBooks can be integrated with other software packages, allowing businesses to automate many of…
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Finance teams are well aware of the tedious and error-prone nature of manual accounts payable processes. Sorting through stacks of paper invoices, reaching out to approvers individually, and mailing checks are extremely tedious and error-prone. This could also lead to late payments or in some cases potential vendor fraud. Today, you can automate these processes using…