Breaking The Accounting Daisy Chain with Parallel Export
This story was originally published here
Remember when we were children and would sit in a circle playing the game telephone? I tried incredibly hard as an elementary schooler to get the message correct before sending it down the line; recalling vaguely broken hearted feelings when it never seemed to work out.
At first it was disappointing. Something went wrong and I didn’t know where. Then it started to infuriate me that the message never seemed to be delivered successfully.
Now, the thing that boggles my mind is that people seem to be stuck using similar daisy chain methods for transmitting data and records within their various business software platforms. Did we not learn our lessons back then?
Daisy Chains In Accounting
At this point we’ve discussed the benefits of AP Automation and getting to zero-touch AP through that. We’ve also talked about the benefits of having the top tech in each segment of your workflow, and part of that process to determine which tech works best for you is about integrations.
Most businesses, when connecting the various software platforms together, tend to send data from one platform to the next sequentially, aka "daisy chaining" these platforms together.
But as with the game of telephone, data often can become corrupted when passing through multiple software systems. Finding the source of that data corruption can be quite the needle in the haystack.
Instead of daisy-chaining your software platforms together, consider parallel exports. Read more about how you can do that with Plate IQ here.
SIAP Partner Executive at Sage Intacct, Inc. at Sage Intacct, Inc.
4 å¹´Great article Greg!