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Account Payables are an important part of your business. Outsourcing this department to a third party might be the best decision for your firm. To successfully look into this option and evaluate its benefits as well as disadvantages, one needs to understand the whole picture.

Workflow automation is a set of activities that are put into place to establish a work process, with the objective of increasing efficiency and reducing errors. In an accounting context this can be especially important. Accurate financial reporting is critical in accounting as a successful business depends on it. Yet accounting is highly regulated, so any mistakes can be costly.

Do you use Xero as your accounting software? As powerful as it is, Xero doesn’t do approvals of invoices or payments. Did you know that Libeo can improve on what Xero itself misses out on? If not, then find out how Libeo can improve the payment experience for your business.

Audit trail or audit log is a record of events made by a computer system, an automated data logging. It puts in black and white how a transaction was completed and creates an auditable record that can be referenced later. With all this talk about fraud and embezzlement, there is one thing you can do to help deter it: implement an audit trail.

Libeo is a new Cloud Accounting software that combines the power of a robust ERP with an intuitive and easy-to-use interface. Libeo offers accountants and bookkeppers powerful industry-specific features, allowing them to automate tasks such as data entry, payroll and bulk payments.

As real-time and embedded payments technology accelerates, payments (and payment operations) are still slower and more manual than they need to be. Fortunately there is a straightforward way to break down the barriers and create a streamlined, efficient process by using Cloud accounting solutions

Accounts payable automation, also known as AP automation or invoicing automation, is the process of automating accounts payable processes and activities while collecting the critical data required to make smart decisions, improve efficiency, and grow your business. How can AP automation streamline your accounting firm's processes?

Scope creep. Even the words send shivers up the spines of accounting professionals. It's a major cause for stress among accountants and having a scope creep project can diminish the reputation of an otherwise brilliant accounting firm. What are scope creep causes and how do you avoid it? Here's how to prepare your firm for (and beat) scope creep.

We had a blast at the Accountex North 2022 Summit, and it was great to see so many people excited about Libeo! It was so inspiring to hear about our customers work and to meet the amazing people who support them.