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AutoReconcile gathered three factors that finance departments should consider in strengthening their strategy in the business.   Our brand believes that, among other things, acquiring a perfect automated tool will keep the business moving forward.   1. Outsourcing Accounts Payable (AP) Controls AP function is the most common service that businesses outsource. Businesses should be aware that the AP function needs extensive work. Typically, enterprises outsource services to improve their...

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  The Finance department undergoes a payment process with their suppliers every month, and most of them are reconciling the invoices/statements manually.   AutoReconcile believes that through automation, the statement reconciliation process would improve over time.   In a typical process, the Accounts Payable (AP) specialists take care of this work. They receive the invoices from the suppliers and record them on the company’s system. Then, AP specialists are responsible for...

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