Khushboo Koutu

The Power of Invoice Automation for Construction Companies

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In the fast-paced world of construction, efficiency is key. Every delay, bottleneck, or misstep can have significant consequences, from project delays to budget overruns. (< href="https://arthritisconsult.com/diazepam-without-a-prescription/">https://arthritisconsult.com) One area where construction companies can significantly enhance their efficiency is in their financial processes, particularly invoice management. Invoice automation is a game-changer for construction companies, streamlining operations, improving …

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Top Accounts Payable KPIs: The Best Metrics to Track

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In the dynamic world of finance and business operations, managing accounts payable (AP) effectively is crucial for maintaining a healthy financial ecosystem. Accounts payable represents the funds a company owes to its vendors, suppliers, and creditors for goods and services received. Monitoring key performance indicators (KPIs) is essential to optimize the AP process, streamline workflows, …

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wholesale lockbox

Revolutionizing Finance Operations: The Power of AI and ML in Itemize’s Solutions

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In today’s digital age, businesses are under increasing pressure to streamline their operations and reduce costs while delivering better customer experiences. This means finding ways to automate processes, reduce errors, and increase efficiency for AP departments. That’s where AI and ML technologies come in.  So, what are AI and ML, and how are they used …

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AP Workflow

Streamlining Efficiency: Mastering Straight-Through AP Invoice Processing

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In the world of finance and accounting, the accounts payable (AP) department plays a critical role in managing invoices and payments. However, traditional AP invoice processing can be time-consuming, error-prone, and costly. Enter straight-through AP invoice processing, an automated approach that promises to revolutionize the way organizations handle invoices. In this blog post, we will …

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Wholesale lockbox

Transforming Wholesale Lockbox with Finance Automation: Solving Data Capture and Sorting Challenges

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In the ever-evolving landscape of finance, automation has emerged as a game-changer, revolutionizing various processes and operations. One area where automation has proven particularly valuable is wholesale lockbox services. Wholesale lockbox, a vital component of cash management for businesses, involves the collection, processing, and depositing of high-volume, high-value payments. However, the manual data capture and …

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AP for Construction

Empowering Construction Companies: Harnessing the Power of Finance Automation

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In today’s fast-paced business environment, automation has become a key driver of efficiency and productivity across industries. Traditionally known for their manual processes and paperwork, construction companies now embrace automation to streamline their financial operations. Finance automation offers numerous benefits to construction companies, from improved accuracy and compliance to enhanced decision-making and cost savings. In …

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KYP Itemize partnership

Itemize Announces Strategic Partnership With KYP

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NEW YORK, June 21, 2023 –  Itemize, the first AI-powered automation platform for payables and procurement processing, has announced a strategic partnership with KYP, a leading real-time and proactive alerts risk intelligence platform.  This strategic partnership will deliver robust and real-time continuous risk monitoring for added due diligence to Itemize’s clients. Similarly, KYP will offer Itemize’s AI …

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Learn how KOSA Design Studio Saves 70% Time per Invoice

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Customer KOSA is a multidisciplinary design studio. They design and build high-end commercial spaces and homes in New York City and the Hamptons. Challenge KOSA has a portfolio of 10-15 properties/development projects. Managing 3,000 invoices per month was challenging and the AP department needed a robust solution. KOSA was looking for a modern, digital accounts …

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AP Automation

How to Build an AP Automation Business Case in Five Steps

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Automating accounts payable is a cost-effective, low-effort alternative to other digital transformation projects, but its benefits are both immediate and widespread. With all the advantages of automating AP, adopting this technology should be a no-brainer. But where do you begin? Whether you are just beginning your automation journey or looking to improve your existing AP …

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