Beanworks Blog
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ePayments
The Game-Changing Cross-Border Payments Every AP Team Needs
The B2B cross-border payments market is predicted to reach USD $35 trillion by 2022. The partnership between Beanworks AP automation and global payments provider, Cambridge can help companies move in that direction.
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Accounting Software
Integrate Beanworks With Microsoft Dynamics GP For These Benefits
As more finance teams switch to electronic payments than ever before, here’s why you should consider Beanworks, which now integrates with Microsoft Dynamics GP.
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Customer Stories
‘We are now a 90% paperless company’ – How Everest Automated Its AP
Car maintenance company Everest Services Centre is 90% paperless thanks in part to automating their Accounts Payable (AP).
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Expense Management
It Takes Eight Days to Submit, Approve & Reimburse One Expense Report. Not Any More
AP teams are looking for simpler solutions to tackle their expense-related challenges. Using Beanworks' Expense Management, both staff and business can engage with each other dynamically through the cloud, rather than on paper. Here's how Beanworks can transform your expense management.
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Customer Stories
How Frenchman’s Creek Beach & Country Club Eliminated Duplicate Invoices in AP
Frenchman’s Creek Beach & Country Club’s paper-based system meant they had misfiled invoices and duplicated invoices, approval delays and staff bogged down with manual tasks. Here’s how they turned that around.
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Customer Stories
Book Depot Saves 73% of Time in Accounts Payable with Beanworks AP Automation
Book Depot's only AP employee was spending 95% of his time doing manual work such as data entry. Here's how he got more time back using Beanworks AP automation.
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Customer Stories
Brickell Biotech: “We’ve reduced invoice approval delays by 99%”
Before Beanworks, Brickell was struggling to manage two separate storage platforms – one containing physical documents, and the other digital.
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News & Updates
Beanworks Selected From CIX Early 20 to Represent Canada at the 2021 Startup World Cup
By winning the regional this year at CIX, Beanworks has the honor of now representing all of Canada at the world finals in San Francisco in May 2021.
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AP Automation
86% of Accounting Teams Rely on Invoice Data Entry – When They Don’t Have to
A full adoption of automation for Accounts Payable processes not only saves time and money for SMEs. It also helps finance teams make better strategic decisions that help grow their organization.
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Risk
Top Four Ways to Avoid Accounting Errors in 2021
Here are four technology solutions your company can implement now to avoid the most common accounting errors.
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Product Updates
Beanworks Mobile App With Expense and Invoice Management
With the mobile app, Beanworks customers can now upload and approve invoices and receipts from anywhere in the world on their smartphones. The app provides a mobile-first experience, that makes processing invoices and managing expenses easier than ever.
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Expense Management
85% of Employees Admit to Sometimes Lying About Expense Claims
Filing expense reports aren't just dreadful for employees. They could be costing businesses a pretty hefty figure. Fraud and expense abuse by employees can cost companies up to 5% of their annual revenue.
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AP Automation
Accounts Payable Automation for Property Managers
With the projection of the global property management market expected to expand to $23.63 billion by 2026, property managers need to prepare to scale. Here are top reasons why eliminating paper, and automating AP can transform the workflow.
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News & Updates
Beanworks Recognized as BC’s 8th Fastest Growing Company
Some significant milestones have been a partnership with Sage accounting, a market leader for integrated accounting, payroll and payment systems. With this partnership, Beanworks became the official AP automation provider in North America for Sage.
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AP Automation
Top 5 Key Performance Indicators for Accounts Payable Departments
It can take up to 25 days for invoices to be approved. However, organizations with more mature AP processes are able to shrink this time down to 3-5 days.
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