Nimbello Blog : Experts in Automating PO Based Invoices

Top 3 Reasons Why RV Manufacturers & Suppliers Move to AP Automation

In the vibrant world of RV manufacturing, precision, speed, and reliability in financial operations are vital gears that keep the business rolling forward. As the industry evolves, so do the challenges faced by finance teams and suppliers. It's time for both RV manufacturers and their suppliers to explore AP Automation.

Nimbello's Ode to Notre Dame: Navigating Uncharted Waters Together

Nimbello, the experts in automating PO Based Invoices, recently had the incredible honor of seeing our founder, Milind Agtey (MBA ’79), and his son, Sunjay Agtey (EMBA ’18), featured in a story by one of our higher education customers, The University of Notre Dame, which was written by Danna Lorch. As a Notre Dame alumnus, Milind’s journey through uncharted waters — from the Indian Merchant Navy to Nimbello — embodies the spirit of resilience, risk-taking, and unwavering commitment.

Reverse & Reconcile: The Frustrations of EDI and Post-ERP Entry Adjustments

Have you ever experienced that sinking feeling when you realize an entry mistakenly made its way into your ERP via EDI, and you're now tasked with the daunting process of reversing it? The frustration of post-ERP entry adjustments is a shared sentiment among finance teams dealing with manual data reconciliation and error rectification.

The Role of Automation in Retaining Talent in Manufacturing

In the manufacturing landscape, retaining Accounts Payable (AP) staff can be a challenging endeavor. The intricacies and manual nature of AP processes often contribute to staff turnover. However, embracing AP automation emerges as a transformative solution that not only streamlines operations but also addresses the underlying causes of staff attrition.

From Glitches to Glory: Modernizing Higher Ed AP Processes

In the world of higher education finance, where every dollar counts and efficiency is paramount

Opportunity. AP Automation. PO Based Invoices

8 Reasons Why You Should Give AP Automation Another Try

Change can be challenging, especially when it comes to overhauling established processes and workflows. Companies often hesitate to adopt new solutions, particularly when they've had a less-than-stellar experience in the past. This is particularly true when it comes to implementing Accounts Payable (AP) automation. If your company has previously had a bad experience with AP automation, don't let it deter you. Here's why you should consider giving it another try:

OCR & CXML: The Silent Inefficiencies Costing Higher Ed Institutions

While advancements in technology have revolutionized many aspects of academic administration, there remain silent inefficiencies that persist, costing institutions valuable time and resources.

OCR Headaches: The Unseen Burden on Higher Ed Finance Teams

The adoption of OCR has given rise to a set of challenges, often overlooked but profoundly impacting finance teams in universities.

How AP Automation Can Save Manufacturers Millions

The manufacturing sector is the backbone of our global economy. It brings products to life, drives innovation, and creates countless jobs. Yet, it faces unique challenges that require equally unique solutions. One such solution is Accounts Payable (AP) automation, a powerful tool that can transform the financial processes of manufacturing companies and enhance efficiency in unprecedented ways.

AP Automation: A Treat That Keeps on Giving for Health Systems

As Halloween approaches, it's the perfect time for health systems to embrace a treat that promises not just temporary delight but sustained benefits year-round. We're talking about the enchanting world of Accounts Payable (AP) automation, a powerful tool that can transform your financial operations into a well-oiled machine, enhancing efficiency, and significantly reducing expenses.Health systems are continually striving for ways to improve their processes and cut costs, making AP automation a valuable asset. According to Becker's, process improvements and cost reduction are top priorities in the healthcare finance landscape. Now, let's delve into how AP automation can help health systems unlock its magic.

Unlocking Profitability: The Key is AP Automation for Health Systems

We understand that the organizations using Infor's SyteLine (or CloudSuite Industrial aka CSI), face unique challenges when it comes to Accounts Payable (AP) processes. These challenges often include labor-intensive, manual tasks and complex approval processes. That's why we're excited to introduce our seamlessly integrated AP automation solution, Nimbello, designed to address these issues efficiently.

Streamline AP Processing with Nimbello's SyteLine Integration

Envelope. Wish List. Accounts Payable Automation

Financial Joy: A Wishlist from Finance this Holiday Season

The holiday season is upon us, a time of joy, celebration, and reflection. It's also the perfect time for finance teams to envision a brighter future for their organization. As the year draws to a close, let's explore the ultimate wishlist for finance teams, with a particular focus on embracing the power of accounts payable automation. Here at Nimbello, we're dedicated to making your financial dreams come true, and this holiday season, we're unwrapping the gift of financial transformation.

Accounts Payable: Moving to Automation – Not If, But When and How

In today's fast-paced business realm, where technology converges with financial dynamics, the move to cloud-based accounts payable (AP) automation has transitioned from a choice to an undeniable necessity. At Nimbello, we're committed to advocating for the adoption of cloud-based solutions, and this shift has gained even more momentum over time.

Universities. Higher Education. AP Automation.

Is Your University Finance Team Earning an A+

The automation of various business processes has become essential for higher education institutions 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.

How Does Your AP Process Compare to Others in the Manufacturing Industry?

In the ever-evolving world of manufacturing, staying competitive is not only about optimizing your production lines but also streamlining your financial operations. Your Accounts Payable (AP) process plays a crucial role in maintaining efficiency and cost-effectiveness. But how does your AP process stack up against others in the manufacturing industry? Let's explore the top challenges facing mid-market manufacturing enterprises as we head into 2024, backed by insightful statistics.

New CFOs in Health Systems Must Prioritize AP Automation

Health systems are facing an era of unprecedented change and complexity. As a new Chief Financial Officer (CFO) in the healthcare sector, your role is pivotal in ensuring financial stability and sustainability. One strategic move you should prioritize is implementing an Accounts Payable (A/P) automation solution. Let's explore why this should be high on your agenda, backed by compelling statistics.

Automating AP for Higher Education: HEUG Central - Illinois Recap

We were fortunate enough to recently present at the Higher Education Users Group (HEUG) Central - Illinois Conference. In a rapidly evolving financial landscape, higher education institutions are seeking innovative ways to streamline their operations, optimize cash flow, and reduce expenses. Accounts Payable (A/P) is a critical function in this journey towards efficiency, and automation has emerged as a powerful ally. Our recent presentation, titled "Automating A/P Invoice Processing," delved into the intricacies of A/P automation and its potential to revolutionize the way universities manage their finances was geared for universities on PeopleSoft.

How AI is Revolutionizing Accounts Payable in Manufacturing

The use of Artificial Intelligence (AI) is transforming various aspects of the manufacturing sector, including benefiting Finance teams. One area that's experiencing a significant overhaul is Accounts Payable (AP). AI is revolutionizing how manufacturing companies handle invoices, payments, and financial processes, resulting in increased efficiency, accuracy, and cost savings.

4 Trends That Will Impact Accounts Payable in 2024 for Higher Education

The landscape of higher education finance is ever-evolving, and as 2023 wraps up finance teams at universities across America are exploring ways to get better in 2024. While the future remains uncertain, current indicators suggest that the finance trends that emerged in 2023 will continue to influence higher education institutions throughout the upcoming year.

Revolutionizing Invoice Automation for Universities

Many universities have invested in ERPs with built-in invoice automation modules, expecting seamless invoice processing and time savings. However, reality often disappoints these expectations. The conventional modules are burdened with challenges, including inaccuracy in reading invoices, leading to frequent errors. Enter Nimbello—a groundbreaking invoice automation solution designed to specifically address the pain points experienced by universities.

Rowing Boat. AP Automation. Teams Collaboration

Your Secret Weapon for Painless Month-End Reporting: AP Automation

If you have gone through a month-end close you know these are never fun. This repetitive and time-consuming process can be especially burdensome for those who rely on manual activities to close out the month. However, there is a solution that can alleviate this pressure – AP automation.

OCR and AP Automation: Manufacturers Need More Than Header and Footer Information

While OCR tools can be very effective at capturing header and footer information on invoices, this information alone is not enough to automate the entire AP process.Here are some reasons why capturing only header and footer information isn't enough for OCR tools designed for AP automation for manufacturing companies:

Buy vs Build - The Ultimate Question for Finance Teams

We will examine the age old question of Buy vs Build through the lens of finance teams

Manufacturing. Automation. Accounts Payable.

4 Reasons Why AP Automation Will Improve Controllers’ Lives in 2024

The future of your business depends on your ability to adapt to new technologies

Exploring Non-PO Purchasing: A Flexible Approach to Procurement

By striking a balance between flexibility and financial control, non-PO purchasing becomes an invaluable tool in the procurement arsenal of modern businesses

Indiana Manufacturers Association. AP Automation

The Next Step for Indiana Manufacturing 4.0: Automate AP

Congratulations on being awarded an Indiana Manufacturing Readiness Grant! As you chart a path toward growth and operational excellence, one key strategy that can significantly elevate your success is automating your accounts payable (AP) processes. Let's delve into why embracing AP automation is a strategic move, especially for Indiana Manufacturing Readiness Grant recipients like you.

Nimbello earns another High Performer badge from G2

G2 awarded Nimbello with 4 badges as part of their Fall 2023 Grid Report. We are so proud to have received badges for “High Performer” and “Easiest to do Business With”, amongst others.

The Quest for Complete AP Automation: Why You Need More than OCR

While technology forms the backbone of AP automation, it's crucial to understand that technology alone isn't sufficient to achieve complete automation. Many companies rely on Optical Character Recognition (OCR) technology to extract data from invoices, but here's where the limitations become evident

MEASURING THE ROI OF AP AUTOMATION: 4 KEY CONSIDERATIONS

AP automation software is a sound investment for businesses of all sizes. In this blog post, we will discuss what is AP automation, the benefits of AP automation, calculating ROI, and tips to maximize your investment.

Navigating the Complexities of Three-Way Matching in Accounts Payable

The true challenge lies in the intricacies of three-way matching. Let's delve into this complexity, the significance of three-way matching, and how businesses can tackle this challenging aspect of AP automation.

The Headaches of EDI and CXML for Health Systems

As organizations seek to scale their AP operations, Electronic Data Interchange (EDI) and Commerce eXtensible Markup Language (CXML) invoices have emerged as enticing solutions. In this post, we'll explore why healthcare organizations often struggle to scale AP when using EDI and CXML.

Why You Should Automate Your AP Before Upgrading Your SyteLine ERP

If you're considering upgrading your SyteLine ERP, it's important to automate your AP first. Here are a few reasons why:

The Limitations of OCR and How Managed Services Can Overcome Them

While Optical Character Recognition (OCR) technology has been a significant step forward, it falls short when addressing the intricacies of Accounts Payable.

AP Automation: A Must for Indiana Manufacturing Readiness Grant Winners

How Nimbello Identifies Duplicate Invoices

Identifying duplicate invoices is crucial for businesses dealing with heavy invoice volumes. Duplicate invoices can cause significant disruptions, resulting in payment errors, wasted time, and strained supplier relationships. However, with Nimbello's advanced invoice management system, the process of detecting and handling duplicate invoices becomes a breeze

Transforming Healthcare Operations: AP Automation Handling Millions of Invoices Per Year

In the rapidly evolving landscape of healthcare operations, organizations are embracing technological solutions to elevate their efficiency and patient care standards. Among these solutions, Accounts Payable (AP) automation is emerging as a pivotal game-changer, especially when considering the monumental challenge of handling the massive volume of invoices healthcare providers receive each year—often reaching upwards of a million invoices annually.

The 6 Key AP Automation Benefits Any Business on SyteLine Needs

Accounts payable (AP) is a critical function for any business, but it can also be a time-consuming and error-prone process. Manual AP procedures can lead to delays in payments, inaccurate records, and increased risk of fraud.

Accounts Payable Automation: The Key to SyteLine Improved Efficiency & Compliance

AP Automation: Key to Improved Efficiency & Compliance for SyteLine

There are four main benefits of AP automation for SyteLine users, including:

Troubles & Solutions in AP Processing: Price Mismatches with PO

Using AI and automation in AP processing to pinpoint price variances on PO invoices and streamline the process of identifying matching exceptions.

Unlocking Efficiency and Innovation: Six Key Takeaways from HIUG

When a company invests in an enterprise resource planning (ERP) system, it usually means that the business has growth aspirations

General solutions for accounts payable management

AP Outsourcing vs AP Automation

Accounts payable (AP) management can be a time-consuming and costly process. To accomplish these tasks more efficiently, businesses have two primary options: outsourcing and automation. Both have their pros and cons.

ERP System Nimbello's cloud-based AP software streamlines invoice processing, payments, and reporting for businesses of all sizes.

Now That You Have an ERP System, You Need AP Automation