In today's fast-paced world, the automation of various business processes has become essential for organizations to improve efficiency and reduce manual errors. Educational institutions, from colleges and universities to public and private schools, handle various financial transactions such as tuition collection, lunch funds, paying external vendors and suppliers and more. Automating their accounts payable (AP) processes can significantly benefit any educational institution. 

In the United States, government municipalities refer to local governments responsible for providing services and managing public affairs within a particular geographic area. The primary difference between these municipalities lies in their forms of government, powers and functions. Here are some of the most common types of government municipalities in the United States:

In the hospitality industry, managing finances is an essential task that can significantly impact the success of a business. Key aspects of financial management include accounts receivable (AR) and accounts payable (AP). This blog will discuss AR and AP, why they are essential, and how you can effectively manage them for the hospitality industry.

“Efficiency, which is doing things right, is irrelevant until you work on the right things.”

This quote by management expert Peter Drucker is something to consider as you assess the functions of your auto dealership’s accounts payables (AP) department and decide how they might be improved. Chances are, you will find operations bringing limited value to your cash flow and processes that hinder your vendor relationships.

Reliable and fast vendor payments are critical for dealerships because they must keep their inventory stocked and bills paid to grow and scale with the ever-changing market. Too often, payments are slowed by the manual process of cutting and mailing checks which leave dealerships with high labor costs associated with the accounts payable (AP) process.

Most people dread tax season — a typically chaotic time of year when we scramble to get our documents organized in a timely and accurate manner. Some of us get them done early, while others wait until the last minute.

Acumatica Summit is a “can’t miss” event that every Acumatica user and partner should attend. The event provides a great opportunity to network with the Acumatica community members and to learn about solutions that can help you get even more out of Acumatica. REPAY was front and center at this year's event as a Premier Sponsor, showcasing our integrated payments for Acumatica that help users reimagine their AP payment and AR payment processes.

For many businesses, 2022 was a year of digital transformation. Continuing through 2023, we expect more companies to leave behind the days of paper and manual processes and take that first step to digitize processes by automating their payment procedures and ditching paper checks.

As the world moves toward digital payments, some sectors have hesitated to shift. For example, when it comes to B2B accounts receivable (AR) and accounts payable (AP), you rarely see digital money transfers. Many businesses are still clinging to the friction-filled legacy systems that require manual processes such as cutting checks and initiating ACH payments. However, while these methods may be tried and true, they're also time consuming, unreliable and can hinder a business, especially in times of...

We are excited for 2023 and what the new year brings, including the upcoming Acumatica Summit 2023 at the Wynn Las Vegas from January 29th to February 3rd, 2023. REPAY will be a Premier sponsor this year showcasing our all-in-one native Acumatica solution that helps you make payments and accept payments, all from one platform! If you have not yet registered to attend, don't miss out on seeing REPAY in person to help you save time and achieve your growth goals planned for 2023!