Quadient Blog

In simple terms, an accounts payable (AP) aging report is a record of the outstanding invoices your business owes its suppliers or vendors for a specific accounting period.

As 2023 draws to a close and finance teams look toward the New Year, one fact has become inescapably clear. Late payments continue to plague receivables.

Disputes damage the AR process. They cost employees time, impact financial performance and impair customer experiences.

On the rare occasions when accountants are portrayed in TV and movies, they're invariably either bored, burnouts, or the most common trope of all: bad guys.

Welcome to the second in our series of blog posts on the impact of AI in accounts payable (AP).

Most businesses now recognize the need to build their tech stacks with solutions that address the problems of today, while futureproofing their operations against the challenges of tomorrow.

The terms ‘accountant’ and ‘bookkeeper’ are often used interchangeably by people outside the industry, but they aren’t the same thing at all.

This probably isn’t the first article you’ve read on artificial intelligence this week. There’s a good reason for the ubiquity of AI as a subject: we’re experiencing an AI revolution right now.

We’ve all been there: you step up to a buffet with an empty plate, and you’re suddenly overwhelmed by the number of choices. Do you get the roast beef? The chicken?

There’s no doubt that you’ve heard the buzz about artificial intelligence and tools like ChatGPT. It’s the hot topic right now in the world of business.

Accountants Are Returning “Back to Normal” And That’s a Problem

How accounts payable relates to your financial KPIs.

"Should I stay, or should I go?" 

Now that I have you humming that iconic song by The Clash…let’s talk softwa

Effective customer communications play a pivotal role in delivering quality services in the ever-evolving Health and Human Services (HHS) landscape.

E-invoicing is adopted by many enterprises to simplify and speed up the invoicing process and bring funds back into the business faster.

What is contribution margin?

A 'contribution margin' is a cost accounting metric used to assess

Beyond manual data entry – How AI is giving accountants more time back

There’s been a lot of recent discussing on the uses of AI in the accounts payable function.

A bad debt is an amount which has been written off by the business as a loss, and categorized as an expense, because the debt owed to the business cannot be collected.

Sales is the #1 financial statement that gets the most attention, closely followed by net income.

Every day, accounting teams face a deluge of data – invoices, purchase orders, vendor details, and more – and they need to process all of it to keep a business’ financial engine running.