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Improve our virtual onboarding experience. Improve our virtual onboarding experience. Collect receipts, travel reimbursements, vendor payments, and all accountspayable data from your accounting system or team. Simplify benefits administration. Automate payroll. Streamline HR processes. Any of the above.
From automating invoice processing and accountspayable, to scheduling your marketing posts and ads, there are a number of ways that a small business owner can reduce time and money costs without having to cut into their profit margin. This includes PTO scheduling, identifying qualified hires, and certain onboarding tasks.
Many FinTechs function as cloud-based software platforms and can enable “procure-to-pay” systems that incorporate both purchasing management and accountspayable functionality. Once the supplier is onboard, the buying firm approves the invoice, and a cascade of processes takes place on the FinTech’s platform.
If your team is currently burdened by the following, it may be time for an upgrade: Too many accounting tasks. Long accounts receivable, or payment, wait times. Even longer accountpayable timelines. Frequent duplicate payments and accounting errors. No accounting strategy. Poor cash flow visibility.
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