From the blog

Schools financial management is becoming increasingly complex due to growth, staff numbers, and purchase order volumes. Traditional accounting practices are no longer sufficient. For accounts payable (AP) departments, automation has transformed and streamlined processes, improving budgeting and financial planning

As schools grow and technology evolves, the need for a robust, flexible, and easily integrated AP solution becomes more important. This is where platform-agnostic AP solutions shine.

In this blog, we'll explore the importance of navigating the digital transformation without disruption, ensuring your school continues operations.

Transitioning to a new AP system and way of operating from a manual paper-based process can be daunting, but with the right strategy in place, the process will prove to be smooth and efficient.

This blog explores how schools can downsize this reliance and adopt a Best-of-Breed (BoB) approach to create a more flexible, innovative, and effective operational environment.

Embracing digital automation solutions for accounts payable processes has countless benefits. The right strategy in place to harness the potential of AP automation could be a game changer for businesses of any size.

Manual tasks such as invoice processing and data entry are both time-consuming and prone to errors, hindering adaptability to evolving financial environments. This blog delves into the benefits of embracing automation in AP processes for education institutions.

Gone are the days of manual invoice processing and paper-based workflows. Instead, forward-thinking organisations are embracing AP automation to drive productivity, reduce errors, and gain better financial visibility.

AP automation streamlines accounts payable processes using technology, boosting efficiency for businesses. Effective change management and expert onboarding are crucial for a smooth transition.

This blog highlights the benefits of AP Automation Software that can streamline financial operations, minimise errors, enhance efficiency, and ensure compliance. It delves into key features to consider for optimal AP automation results.

Mitigating fraud in accounts payable requires a comprehensive strategy addressing manual processing vulnerabilities, vendor verification, staff training, invoice verification, spending permissions, and transparency.

In an era of digital transformation and technological advancement, educational institutions, like all other sectors, are under increasing pressure to adapt and thrive in the digital age.

Discover how modern Accounts Payable solutions are leveraging data analytics to drive strategic change and informed decision-making in the financial sector.

10 ways paperless invoicing can contribute to a greener bottom line, ensuring that your company's practices are optimised for maximum eco-efficiency and environmental stewardship.

Accounts Payable (AP) automation, that has the power to revolutionise how businesses manage their financial records, like a time machine for auditing and compliance.

People who, despite their efforts to protect their businesses data and sensitive information, still get caught in the crossfires of fraud. Here, we will delve into the toll of accounts payable fraud and how fostering a culture of vigilance can mitigate its impact.

Today, digital transformation is a strategic imperative, particularly through E-invoicing and embracing the paperless revolution, offering businesses substantial financial benefits while aligning with environmental sustainability.

Automation is a tool that has the ability to revolutionise finance worldwide, but what challenges arise when implementing new AP solutions?

Balancing innovation and legacy processes poses a challenge. While businesses adopt automation for streamlined and cost-effective accounts payable operations, acknowledging the unique benefits it offers, the importance of the human touch must not be overlooked in today's business landscape.

Optimising processes and cutting costs is vital for staying ahead of competitors and keeping up with industry trends. Accounts payable automation, boosts efficiency, cuts costs, and brings long-term financial benefits for businesses.

Maintaining vendor relationships requires dedication and hard work, but with automated AP processes, businesses can reap the benefits of operational efficiency and enhanced vendor relationships.

With an increase in productivity across businesses worldwide comes an increase in fraud. In this blog, we'll go over how we can mitigate these threats and achieve a fraud-free future.

Now more than ever, it is essential to consider how your business can contribute to a greener future.

The road to digitisation may seem daunting at first, but with a well-structured roadmap, implementing a digital solution for business accounts payable processes can become a streamlined and efficient journey.

Finance teams around the globe are embracing AP automation powered by AI and ML to streamline financial operations, driving efficiency and enabling well-informed decision-making. This innovative solution revolutionises how organisations manage accounts payable, benefiting finance teams of all sizes.

With the many tasks that come along with accounts payable and payment processing, it can take a lot of work for staff and finance teams to keep up with the increased workloads as businesses continue to grow, especially when using manual processes. Fortunately, it doesn't need to be a difficult task to keep up with financial processes.

Automation is becoming an increasingly popular strategy in business due to its ability to streamline operations and improve productivity. Let's take a closer look at the benefits that are seen from implementing automation software to businesses.

Integrating digitisation and accounts payable automation solutions can improve productivity and reduce errors. Benefits include time and cost savings, increased accuracy, enhanced collaboration, improved financial management, and increased security. By leveraging these tools, businesses can streamline their processes and focus on core operations, ultimately improving performance and productivity.

Recent advancements in the tech world have revolutionised education, but implementing the 'right' technology mix has become complex and can lead to what is referred to as "digital disconnection". How can digital solutions be implemented in the best way to overcome this hurdle?

By implementing automation software, law firms can prevent cyber fraud in payment processing for matters, shared services, GL and class actions. Discover the cost of cyber fraud, and how firms can implement secure payment platforms to safeguard against cyber-attacks.

Law firms of all sizes deal with a vast amount of financial information, client records and data. Implementing a digital solution could be the key to significantly improving your firm's procedures, security and compliance.

With Alii, you can easily tackle your data entry, security, auditing and supercharge your school's financial, administrative and security operations.

Accounts payable (AP) automation is a rapidly growing trend in the business world, driven by the need for greater efficiency, accuracy, and compliance. Check out an A-Z guide of some of the most common terms used in accounts payable automation.

As we celebrate international women's day, we explore women's current state of progress in the finance world and celebrate the achievements of women across the industry.

When it comes to your accounts payable processes, there are two main options, cloud-based and on-site. This analysis will explore the differences between on-site and cloud-based accounts payable processes to determine the best option for your business.

Through insight from 629 education industry professionals into their processes and challenges and how automation can benefit them. We learned the current state of digitisation has a large role to play in the world of financial compliance and security.

Whether there is an on-site or cloud-based solution in place, it is important to be able to identify security risks and take the right steps to mitigate them when choosing a solution.

From an increase in AI and machine learning technologies to enhanced user experience, here’s the 8 accounts payable automation trends to look out for in 2023 that will transform the way your business processes payments.

With fraud and payment redirection scams on the rise year upon year for Australian businesses, how can your firm ensure your precious data is protected?

How are fraudsters targeting your accounts payable processes? And what can we do to prevent them? In this article, we’ll cover how your education institution could be at risk, current scam tactics and how technology can aid in protecting your institution from fraud and scam threats.

Improve workflows, reduce risks & improve efficiencies are some of the benefits organisations gain by automating the accounts payable function.