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AP/AR Automation Is No Longer Optional for Your Firm: Automate and Grow in 2020, With Plooto.

4.6 (29)

Rob Maurin

Plooto

Wednesday, March 18, 2020 | 03:00 PM EDT

  • CPA

1 Credit

FREE

Subject Area

Business Management and Organization

Course Description

According to a new report from ISG, 92% or 9 in 10 companies are aiming to adopt process automation by 2020. 

Accounts Payable and Receivable are the least automated, least efficient parts of an average accounting/bookkeeping practice and chasing payment approvals, signatures on checks not only hurt your firm's growth potential but also damages your bottom line. Companies of all sizes and in various fields have always been looking for innovative ways to address the problems concerning their Accounts Payable (AP) processes. Automated processes like accounts payable (AP) automation can make many of our day-to-day business processes more efficient and streamlined. On the other hand, manual approach to AP can often lead to disadvantages such as slower processing times, higher labor costs and lower visibility into your processes. 

With AP automation, you remove all paper from the equation. Instead, when your invoices arrive, you scan and upload them to your automated system. Now, they’re in a digital format that’s accessible to everyone in your accounting department, plus the parties that must sign off or approve the payments. The elimination of error-filled, lost, duplicate and missing documents is a significant benefit of AP automation when it comes to time and expenses.

Highlights of the webinar :

  • Benefits of Accounts Payable (AP) & Accounts Receivable (AR) automation.
  • Security aspects of Accounts Payable (AP) & Accounts Receivable (AR) automation.
  • Case study of "The Magic App Stack".
  • How to grow your practice using automation.

This webinar will provide accounting and financial professionals with practical literacy on how automating Accounts Payable (AP) & Accounts Receivable (AR) can improve accounts payable & receivable processes. You will also discover how other firms have used "the magic app stack" to automate AP and AR, which made their clients happy and increased the revenue growth by 400%.

Learning Objectives

  • To learn and explore what Accounts Payable (AP) Automation is.
  • To discover how Accounts Payable & Accounts Receivable automation can increase efficiency and improve compliance with company specific business rules.
  • To identify how to improve cash flow with Accounts Receivable automation.
  • To learn how to get manual processes into the cloud so you can serve clients wherever they are — and wherever you are.
  • To discover what is involved in implementing an automation tool.

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Bookkeeper
  • CPA - Large Firm
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Entrepreneurial CPA
  • Innovation Manager/Director
  • QB Pro Advisor
  • Xero Advisor
  • Young CPA

Testimonial

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4.6

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