CFOs of growing organizations use this tool to boost efficiency and expand without expanding their accounting department.
As a business grows, so does the complexity of its financial requirements with increasing transaction volume and disparate entities coming together through mergers and acquisitions. At this stage, the amount of data created makes using spreadsheets for consolidation almost impossible, but SMBs can also gain a competitive advantage with multi-entity accounting software for ERP.
Benefits of AP Automation Software for Adhering to Internal Controls
Internal Controls aren’t just for publicly traded companies, they are crucial to SMBs too, and Payments Automation can help maintain them.
Preparing for Accounts Payable Audits
Whether we are talking about a large publicly traded company preparing for a SOX audit or an SMB with a small board of investors, financial audits are a part of doing business. And Accounts Payable audits are an important part of protecting a company and its stakeholders against costly errors and spending fraud.
Accounts Payable is one of the most tedious accounting processes requiring a huge amount of manual entry. While Optical Character Recognition or OCR solutions can help boost efficiency of AP management, without the right AP automation system to compliment the benefits of OCR, image capture can only do so much.
Healthcare is extremely complicated. Companies have to deal with patients and insurance in addition to all the standard business processes. What if there was a way to make those business processes more simplified and streamlined? Fidesic AP was built with the healthcare industry in mind, and beyond that, it was built to modernize and simplify ap processing across multiple facilities. Here’s how we can help.
If you've been a long time user of Fidesic, you'll know that the platform has gradually added features, and continually improved over time. But this time we've got something totally different in store. For the past year we've been hard at work with a full revamp of our site. Fidesic 2.0 is a total redesign in usability and we're extremely exited to show you what we've done.